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2014-02-18 10:00:00 CET 2014-02-18 10:00:01 CET REGULATED INFORMATION Comptel - Company AnnouncementComptel and Tech Mahindra Agreed on Strategic Partnership for Comptel Fulfillment SolutionsComptel Corporation Stock Exchange Release 18 February at 11:00 AM HELSINKI, Finland - 18 February 2014 - Comptel Corporation (NASDAQ OMX Helsinki: CTL1V) and Tech Mahindra have agreed on a strategic fulfillment solutions partnership to deliver aligned value propositions for the ongoing OSS/BSS transformation of Communication Service Providers (CSPs). Comptel will benefit through a strengthened partnership a wider sales channel, increased productivity and secured scalability to deliver large and complex OSS/BSS transformation projects. Tech Mahindra will establish a Comptel centre of expertise and training centre for the partner enablement. The arrangement includes a transfer of a pool of UK based people with Comptel's solution expertise to Tech Mahindra. The transfer is estimated to close at the end of March 2014. Comptel decisively continues to invest in research and development of new innovative solutions and this strategic partnership is instrumental in accelerating the benefits of the investments. COMPTEL CORPORATION Juhani Hintikka President and CEO Distribution: NASDAQ OMX Helsinki Major media www.comptel.com Since 1986, Comptel has helped more than 290 service providers across 87 countries meet over one billion subscribers' communications and infotainment needs. Comptel's solutions are built on an event - analysis - action strategic framework that leverages the company's strengths in event data processing and advanced predictive analytics to enable real-time action. Comptel's service fulfillment, mediation, charging and policy control, and predictive social analytics products with implementation and professional services enable service providers to enhance customer engagement and, in turn, create revenue, reduce costs and lessen churn. Comptel has a global team of nearly 700 professionals, and net sales were EUR 83 million in 2013. For more information, visit www.comptel.com |
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