2011-02-21 16:02:57 CET

2011-02-21 16:03:57 CET


REGULATED INFORMATION

Finnish English
Comptel - Company Announcement

Comptel concludes co-operation negotiations



Comptel Corporation                           Stock exchange release, 21
February 2011 at 5.00 pm 

The statutory co-operation negotiations concerning Comptel Finland have been
concluded today. As a result of personnel impacts in Finland due to
restructuring of the European and MEA business units, the company has decided
to make 22 people redundant. In the beginning of the negotiations, the
estimated number of reductions was 30 at the maximum. 

Comptel will provide outplacement services for the redundant employees.

Due to the investments in the other markets the total Group headcount is not
expected to decrease. 

COMPTEL CORPORATION
Juhani Hintikka
President and CEO

Distribution:
NASDAQ OMX Helsinki
Major media



Comptel software enables telecom operators to deliver services flexibly and
charge them effectively. Comptel's wide expertise in service fulfillment,
mediation and charging empowers customers to focus on delivering innovative
services. Comptel has provided solutions to 280 service providers with 800
million subscribers in 85 countries. The Group has about 600 employees
worldwide, and net sales were EUR 78 million in 2010. www.comptel.com