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Telenet Selects Comverse ONE Billing and Active Customer Management for Real-Time Charging of DTV & Mobile Services

WAKEFIELD, Mass.--(BUSINESS WIRE)--Telenet Group Holding (Euronext Brussels: TNET), the leading provider of broadband cable services in Belgium, will use Comverse ONE Billing and Active Customer Management as its real-time rating and billing platform for digital television and mobile services.

By selecting Comverse ONE, Telenet confirmed its long-standing partnership with Comverse to provide a broad set of new subscriber services through advanced real-time rating and charging, subscriber account management, and billing for content, data and other value-added services. Comverse ONE's real-time functionality also will allow Telenet to customize marketing and promotional campaigns to encourage service usage and adoption among its subscribers.

"Convergent real-time rating and billing uniquely gives us the ability to use one system to manage all subscribers consistently, regardless of payment or service type, as well as accelerate the launch of new offers and promotions," says Telenet Executive Vice President Technology & Solutions Jan Vorstermans. "It gives Telenet the flexibility for key differentiation through personalization and bundled offers across fixed and mobile services."

Real Time Billing is just one of several deployment modes within the Comverse ONE solution, which is a converged Business Support System (BSS) that enables multi-play operators to support any type of payment, such as prepaid, postpaid or hybrid. Comverse ONE also allows operators to create and deliver any service over its network quickly and efficiently.

"Comverse is very pleased to be selected by Telenet, Belgium's largest cable broadband provider, as we believe that our BSS solution makes an excellent fit with the needs of cable telecom operators," says Urban Gillstrom, Group President of Global Sales at Comverse, the world's leading supplier of software and systems enabling value-added messaging and content services, converged billing and active customer management, and IP communications.

"As more operators become quad-service players," he said, "Comverse ONE Billing and Active Customer Management is an ideal BSS solution due to its single data model approach and unified architecture that reduce complexity and speed time to market with its ability to support any service, any network, and any payment type -- all natural advantages in multi-play environments."

About Telenet

Telenet is the leading provider of broadband cable services in Belgium. Its business focuses on the provision of cable television, high speed internet and telephony services primarily to residential customers in Flanders and Brussels. In addition, Telenet offers services to business customers in Belgium and Luxembourg under the brand Telenet Solutions. Telenet is listed on the Euronext Brussels Stock Exchange under the ticker symbol TNET. For additional information: http://www.telenet.be

About Comverse

Comverse is the world's leading provider of software and systems enabling value-added services for voice, messaging, mobile Internet and mobile advertising; converged billing and active customer management; and IP communications. Comverse's extensive customer base spans more than 130 countries and covers over 500 communication service providers serving more than two billion subscribers. The company's innovative product portfolio enables communication service providers to unleash the value of the network for their customers by making their networks smarter. Comverse's solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, IP, IMS or converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT.PK). For more information, visit www.comverse.com.

All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s).

This release contains "forward-looking statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that any forward-looking statements will be achieved. Important factors that could affect the statements contained herein include: changes in the demand for the company's products; changes in capital spending among the company's current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; and risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis. The company undertakes no commitment to update or revise forward-looking statements except as required by law.

Contacts
Investor/Business Press:
Comverse Technology, Inc.
Paul D. Baker, 212-739-1060
paul.baker@cmvt.com
or
Industry Press:
Comverse
Steve Eisenberg, 732-652-4712
steve.eisenberg@comverse.com

Tags : Comverse

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