VANCOUVER, British Columbia-Telus Corp. completed the sale of its directory information services business to Verizon Information Services, a Yellow pages and online directory provider.Telus said it would use the $527 million in gross proceeds to pay down debt and help finance its national growth...
With as many as six wireless operators to choose from in some markets, wireless carriers have to work overtime to keep their customers from jumping ship. While customer churn industrywide remains steady in the 2-percent to 3-percent range per month, wireless carriers are seeing...
GREECEGreece has awarded three Universal Mobile Telecommunications System licenses, one less than it had planned, when a fourth bidder failed to emerge. The country's three incumbent operators, CosmOTE, owned 59 percent by OTE; Panafon Vodafone, owned 55 percent by Vodafone Group; and Stet Hellas,...
PortugalOni Way, a Portuguese mobile operator that recently won a UMTS 3G license, has selected Accenture as the primary systems integrator for its integrated billing solution. The solution includes the Amdocs 3G billing platform. The Accenture/Amdocs solution provides Oni Way with single billing for...
NEW YORK-Amdocs Ltd., a St. Louis-based provider of telecommunications billing and related services and software, raised $500 million through the private placement of seven-year senior convertible notes paying 2 percent interest.Within 30 days, the purchaser also may elect to purchase up to $100 million...
Lucent TechnologiesLucent Technologies introduced Flexent Wireless IP Core Network Architecture, which it said will help wireless carriers deliver a range of voice and data services to customers. According to Lucent, the first phase of the architecture, the Lucent Softswitch Toll/Tandem Solution, lets carriers connect...
CANNES, France-Amdocs, a provider of customer-care, billing and order-management, introduced Amdocs 3G, a platform designed to assist carriers as they adapt to third-generation wireless services. According to the company, Amdocs 3G is made up of five integrated application suites with up to 30 applications...
ST. LOUIS-Deutsche Telekom selected Amdocs to implement a fraud management solution for local, long-distance and international traffic, as a value-added service for DT's entire customer base.Amdocs said its Fraud Management System detects potential fraud, issues alerts, gathers evidence of fraud and facilitates the work...
RESTON, Va.-Under a new seven-year outsourcing agreement, Amdocs will provide Nextel Communications Inc.'s domestic operations with billing and customer-care services, including software, support, a data center and billing operations.Amdocs said its service will cover Nextel's 6 million wireless subscribers in the United States."We chose...
NEW YORK-Andersen Consulting and Amdocs Ltd. today announced an alliance to combine their management, technology, billing and customer-service operations for the communications market.Andersen, a management and technology consulting company, and Amdocs, a billing and order-management business, said they would offer solutions to cover billing,...
SANTA CLARA, Calif.-Amdocs unveiled an enhanced version of its IAF Horizon solution to support mobile Internet Protocol services and allow mobile service providers to capture new revenue streams via advanced support for revenue sharing, sponsoring, m-commerce and location-based services."IAF Horizon eliminates infrastructure barriers when...
ST. LOUIS-Amdocs, a customer care, billing and order management solutions supplier, reported an agreement with Sprint PCS to provide and support billing systems.The initial phase of the agreement calls for Amdocs to provide systems implementation and ongoing support services for Sprint PCS' wholesale business....
WASHINGTON-Customer care, billing and order management solutions provider Amdocs and Hewlett-Packard Co. reported plans to provide a real-time, prepaid billing solution capable of running on public switched telephone and Internet Protocol networks.Amdocs said the solution will integrate HP's OpenCall platform and Amdocs' prepaid offering...
NEW YORK-VoiceStream Wireless Corp. is prepared to wage war on two fronts in the battle of the titans for transnational control of wireless telecommunications, John Stanton, VoiceStream's chairman and chief executive officer said.Although focused on expanding its domestic footprint through acquisitions of carriers and...
ST. LOUIS-Amdocs Ltd., a customer care, billing and order management provider, completed its previously announced acquisition of Solect Technology Group Inc., a provider of Internet Protocol customer care and billing software."This merger establishes the industry's most complete business systems solution for communications and Internet...
Star One AG, a Germany-based wireless broadband telecommunications company, received $72 million in its second round of funding from investors headed by Incepta International. Star One was awarded 158 license areas to build and operate a point-to-multipoint broadband wireless network in Germany, with plans...
ST. LOUIS-Sun Microsystems Inc. and Amdocs announced a global alliance reseller agreement under which Amdocs will resell and support the Sun platform.Under terms of the agreement, Amdocs' Ensemble customer-care and billing system will be deployed in the Sun environment using Sun Enterprise servers running...
NEW YORK-Comparatively few of the hundreds of telecommunications billing companies in business today are publicly traded, but that list could grow by one if Daleen Technologies Inc., Boca Raton, Fla., proceeds with a planned initial public offering scheduled for late this month.The company views...
ST. LOUIS-Amdocs Ltd. announced Sept. 6 it plans to acquire International Telecommunication Data Systems Inc., Stamford, Conn., for about $182 million in Amdocs stock.Amdocs provides customer care, billing and order-management solutions for telecommunications carriers. ITDS offers outsourced and service bureau solutions to them."In our...
ST. LOUIS-Amdocs Ltd. expanded its Fraud Management product offering by adding two new products-Sleuth and Integrity+, said the company. Sleuth is a software system that provides control and detection of a wide spectrum of alternately billed telephone fraud, including credit and calling cards, said...
Amdocs Ltd., a St. Louis-based provider of billing and related systems to telecommunications carriers, on June 7 sold 20 million shares of its common stock, priced at $22.44 each, in a secondary offering on the New York Stock Exchange.Of the total sale, 18 million...
BelgiumBelgacom and Amdocs announced an agreement under which Belgacom will deploy Amdocs' order-management system to handle ordering services for its convergent lines of business, including wireline, data services and paging. Amdocs' order-management system provides a single point of contact for all services and products...
ST. LOUIS-Amdocs Ltd., a provider of billing and related information systems to telecommunications carriers, has registered with the Securities and Exchange Commission for a secondary offering of 20 million shares of its common stock, which trades on the New York Stock Exchange.Of the total...
Like their counterparts in the wireless service and infrastructure arenas, telecom equipment vendors are consolidating and reorganizing at an increasing pace.Most segments seem to be affected, from tower companies to semiconductor manufacturers. One segment that has been particularly active during the last several months...
