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Comverse Announces New Release of Comverse ONE for Cutting-Edge Digital Services Monetization

New Version of Comverse ONE helps Service Providers Leverage Intelligent Billing to Remain Competitive in Today's Digital Era

Key Takeaways:

  • Comverse ONE's new Online Charging deployment mode is optimized for digital services support to help service providers remain relevant to content-hungry mobile consumers.
  • Comverse ONE's enhanced standards and beyond integration with its Policy Manager boosts numerous use cases supported.
  • New pre-defined Product Catalog work streams reduce time to market for more competitive offerings in the ever-changing communications services landscape.

WAKEFIELD, Mass., March 2, 2015 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), a global leader in cloud-based and in-network services enablement and monetization software solutions for communication service providers and growing enterprises, releases the newest version of Comverse ONE Converged Billing and Active Customer Management Suite, as the next generation billing solution for service providers competing in today's digital world.

Comverse's new version of Comverse ONE delivers enhanced monetization capabilities through solutions tailored to support subscribers' use of emerging digital services. The new version reduces hardware footprint and lowers total cost of ownership (TCO) by implementing new industry standards and the latest virtualization technologies. Additionally, the Online Charging Solution (OCS) which is part of this Comverse ONE release, allows for stand-alone prepaid charging or real-time usage control for postpaid subscribers. TCO benefits of Comverse ONE are further amplified through Managed Services from Comverse.

"Service providers in both emerging and mature markets are compelled to evolve their service offerings toward business models that stress new revenues from advanced digital services," said Denis Bernaert, Senior Vice President, Managing Director of the BSS business unit at Comverse. "By shifting their business model with more intelligent billing to fully leverage advanced mobile broadband networks, service providers will be better positioned to compete in the new digital age. The Comverse ONE roadmap is specifically designed to help them make this transition."

Two Comverse BSS clients are implementing the latest version of Comverse ONE, and will use the advanced monetization capabilities to address new opportunities presented by LTE launches in 2015.

Comverse will be demoing its Comverse ONE Converged Billing and Active Customer Management Suite at the Comverse booth (3L20) at Mobile World Congress 2015, March 2-5 in Barcelona.

About Comverse

Comverse provides true carrier-grade cloud-based and in-network monetization and revenue management software solutions that help global carriers and growing enterprises profitably enable the way people obtain and share digital experiences, today and tomorrow. We support digital lifestyles through a suite of proven and flexible solutions that includes managed BSS and Policy (PCRF), Enterprise and Cloud Billing, and Digital Services, all guided by an experienced Managed Services offering, that ensure our customers gain competitive advantage. Comverse's customer base spans more than 125 countries with solutions successfully delivered to over 450 communication service providers and enterprises serving more than two billion subscribers. For more information, visit www.comverse.com.

Statements included or incorporated by reference in this press release may contain "forward-looking statements." There can be no assurance that any forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could affect the company include the risks described in the section entitled "Forward-Looking Statements" Item 1A, "Risk Factors" and elsewhere in the company's Annual Report on Form 10-K filed with the SEC on April 16, 2014 or in subsequently filed periodic, current or other reports. The company undertakes no commitment to update or revise forward-looking statements except as required by law.

CONTACT: Michael Grossi Comverse, Inc. michael.grossi@comverse.com +1-781-224-8200

Source:Comverse, Inc.