Comverse ONE New Release Spotlights 4G/IP Monetization, Social Media, Rapid Deployment

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WAKEFIELD, Mass., Sept. 11, 2013 (GLOBE NEWSWIRE) -- Enhanced capabilities for 4G/IP monetization, an improved customer experience, virtualization and a more streamlined deployment capability headline the key advances of the new Comverse ONE® Billing & Active Customer Management solution release, announced Comverse (Nasdaq:CNSI), a global leader in telecom business enablement.

Adopted by communication service providers (CSPs) of all sizes to boost business results from its single-system approach to BSS convergence, Comverse ONE has been going live around the world at a rapid rate recently, with 18 deployments in a year and a half, including 13 deployments in the past 12 months – a success pace believed to be unsurpassed in the industry. Many of these deployments support triple- and quad-play offerings.

Leveraging tightly linked BSS and Policy, with flow-through from policy creation to product catalogue, new enhancements in this release help boost CSP business results by providing support for 4G/IP monetization, new business models, social media and an "industrialized" approach to streamlined deployment.

"Central to the monetization of all new business models – be they focused on machine to machine (M2M) solutions, cloud services, enterprise business agreements, or cross-industry 2.0 services – is policy-enabled, data-driven, real-time billing. These attributes are now an essential requirement for addressing change in today's business marketplace," explains Karl Whitelock director global OSS BSS strategy at Stratecast | Frost & Sullivan.

Release highlights include:

  • Support for new charging scenarios brought about by 4G/LTE, including charging for VoLTE and charging based on device and service type
  • Customer experience enhancements, such as advanced targeted campaign and communications capabilities – including leveraging social channels – as well as advanced guided customer service interactions for faster, more effective service supporting various business scenarios
  • Best-practice delivery methodology minimizing the need for resource-heavy system integration and customization, getting systems up and running swiftly with rich functionality
  • A variety of key advancements, such as extensions to quad-play support – including service creation templates, advanced M2M and MVNO charging, application virtualization, and more

"CSPs around the world using Comverse ONE have seamlessly supported new business models and lines of business, increased ARPUs by more than 5%, increased marketing targeting effectiveness and upsell ability, reduced time to market by up to 90%, and seen efficiency gains as high as 75%", said Gani Nayak, SVP Systems & Solutions at Comverse.

"Comverse understands that each CSP may have a different evolution path to IP. Our portfolio is focused on making that evolution efficient. This includes new monetization capabilities as provided by this new Comverse ONE release, modernization of service delivery – including IP messaging and RCS – and related Managed Services offering."

About Comverse

Comverse is a leading global provider of telecom business solutions that enable communication service provider success in the hyper-connected world through service innovation and smart monetization. The company's proven and innovative product portfolio includes BSS, Policy Management (PCRF) and Enforcement and Digital & Value Added Services – all backed by Managed and Professional Services. Comverse's extensive customer base spans more than 125 countries with solutions successfully delivered to over 450 communication service providers serving more than two billion subscribers. Comverse's solutions are available in a variety of delivery models, including on-site, cloud, hosted/SaaS and managed services. 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 May 16, 2013 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: Gani Nayak Comverse, Inc (781) 246-9000 gani.nayak@comverse.com

Source:Comverse, Inc.