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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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F.T.S.-Formula | LSE:FTS | London | Ordinary Share | IL0010935257 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 15.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
TIDMFTS RNS Number : 3986N F.T.S-Formula Telecom Solutions Ltd 17 February 2009 Foris Telecom Selects FTS' Leap(TM) Billing for Global WiMAX Services Mobile World Congress | February 17, 2009 | Barcelona, Spain | Hall 2, B95: FTS (LSE: FTS), a global provider of Billing, CRM and Business Control solutions for communication and content service providers, today announced that Foris Telecom has selected FTS' Leap(TM) Billing platform for its WiMAX operations worldwide. The parties are conducting final negotiations towards the execution of a definitive agreement. Foris Telecom builds and operates next generation wireless broadband networks in multiple markets, providing VoIP telephony, data and video services. Foris Telecom is building out its WiMAX infrastructure in a number of markets including South East Asia, the CIS, South America, and Africa. Leap Billing will support Foris Telecom's charging, billing and customer management, including invoicing, voucher management, and financial services. "We selected FTS' Leap Billing for our WiMAX services for its flexibility, ease of configuration, and real-time support of all our transactions," said Haim Maimon, Foris Telecom's Chief Operating Officer. "One of our main objectives is to supply our customers with fast, simple, reliable and affordable services. Leap Billing supports these objectives while improving our business planning and enabling us to offer more and better services," he added. "We are proud to have teamed up with FTS, a key player in the billing and CRM arena." "This is yet more proof of the wealth of features and benefits offered by our Leap range of solutions," said Gadi Maoz, FTS' Vice President of Sales & Marketing. "Leap Billing will provide Foris Telecom with billing and customer-management capabilities for their operations in multiple markets. This contract is testament to FTS' commitment to join forces with leading providers, and of our constant investment in further developing and innovating our field-proven product line." About Foris Telcom Foris Telecom is a leading global operations company, which builds and operates next generation wireless broadband networks that enable fast, simple, portable, reliable and affordable Internet communications. We focus on developing countries and offer wireless broadband networks, which cover entire communities and deliver a high-speed Internet connection that not only creates a new communications path into the home or office, but also provides a broadband connection anytime and anywhere within our coverage area. http://www.foristel.com/. About FTS FTS (LSE: FTS) is a leading provider of Billing, CRM and Business Control solutions for communications, content and service providers. By analyzing events from a business standpoint rather than just billing them, FTS allows providers to better understand their customer base and leverage business value from every event and interaction. FTS deploys its full range of end-to-end, stand-alone and add-on solutions to customers in over 40 countries and has implemented solutions in wireless, wireline, cable, content and broadband markets including multiple cross-network installations. Serving the evolving needs of both traditional and next generation service providers, the company's operations comprise four international R&D locations and strategically-located sales support offices worldwide. For more information please visit http://www.fts-soft.com/. ### For further information please contact: Sonus PR: Martin Smith, Tel. +44 20 7851 4821, martin.smith@sonuspr.com FTS: Moshe Peterfreund, Tel. +972-9-952-6500, press@fts-soft.com This information is provided by RNS The company news service from the London Stock Exchange END CNTEASAKFSKNEFE
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