ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ITL Nets Trust

0.00
0.00 (0.00%)
Pre Market
Last Updated: -
Delayed by 15 minutes
Name Symbol Market Type
Nets Trust AMEX:ITL AMEX Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Re Agreement

11/02/2003 7:00am

UK Regulatory


RNS Number:3085H
Intec Telecom Systems PLC
11 February 2003



                  Nokia and Intec Telecom Systems to co-market
               Intec's InterconnecT revenue generation solutions

     * Nokia and Intec to cooperate on the promotion of InterconnecT family
products, including InterconnecT ITU and InterconnecT CABS


London/Helsinki, February 11 2003 - Intec Telecom Systems and Nokia have signed
a global co-marketing agreement that will allow the Nokia sales force to promote
Intec's market-leading InterconnecT(TM) revenue-generation software family.
InterconnecT is used by over 200 telecommunications companies worldwide,
including Vodafone, Orange, Telesp Celular, Maxis, France Telecom, Swisscom
Mobile and VimpelCom, to bill their carrier partners for voice, data, IP, SMS,
MMS and content traffic.

Under this agreement, Nokia will promote InterconnecT family solutions to
customers requiring carrier-to-carrier billing systems and will assist Intec in
the licensing of the software. An interconnect billing solution is required by
any communications company which has agreements to send and receive any kind of
traffic to its partners. This includes the vast majority of carriers worldwide,
for whom interconnect revenues are typically the first or second largest source
of income after retail sales, potentially representing hundreds of millions of
dollars annually. Interconnect revenue is particularly important to mobile
operators as a majority of their calls will terminate or originate off-network,
leading to substantial payments or bills to other carriers.

The agreement covers three products: InterconnecT, the world's most widely
installed carrier-to-carrier revenue generation solution; InterconnecT ITU, an
innovative and widely-installed solution for international settlements according
to ITU rules; and InterconnecT CABS CG, Intec's US carrier access billing system
used by over 100 companies.



"I'm pleased to start our co-operation with Intec for a world class
interconnect solution," says Ilkka Toivola, General Manager of Mobile Software
Integration at Nokia  Networks. "Today, we can provide our operator customers
with a comprehensive charging offering for new mobile data services, and the
interconnect solution completes the charging chain for all the involved
parties."

"We are very pleased to have created this agreement with Nokia to offer our
revenue generation technology, as it will significantly raise our profile in the
world's mobile operators," said Kevin Adams, Intec's CEO. "As the world's market
leader in intercarrier billing, InterconnecT is used by over 30 GSM and 150
fixed-line providers today. Yet there are well in excess of 450 active mobile
operators, and many will want to update their billing in future to deal with
rising volumes and new services like MMS and content-based charging."



For more information:

Georgia Hanias/Andrew Rodaway                         Fergus Wylie/Sarah Brydon
+44 (0) 1483 745800                                   +44 (0) 20 7367 5100
andrew.rodaway@intec-telecom-systems.com              Fergus.wylie@cubitt.com
georgia.hanias@intec-telecom-systems.com




Intec Telecom Systems

Intec Telecom Systems is an award-winning worldwide Operations Support Systems
("OSS") vendor for fixed, mobile and IP/next-generation networks, with more than
320 customers for its products worldwide.  Founded in 1997, Intec was listed on
the London Stock Exchange (Code: ITL.L) in June 2000. Intec is the market leader
in intercarrier billing systems and one of the top 2 suppliers of convergent
mediation software. The company is currently listed in Deloitte Touche
Tohmatsu's top 500 fastest growing companies in Europe, growing international
sales by almost 400% in 3 years. Intec's portfolio includes:

     *  Inter-mediatE(TM) - convergent mediation solution
     *  InterconnecT(TM) - intercarrier billing including US CABS and ITU
     *  Inter-activatE(TM) - flow-through provisioning and activation
     *  Inter-contenT(TM) - end-to-end content settlement

Intec's customer base includes, among others, AT&T, BellSouth, BellSouth Peru,
Brazil Telecom, Cable & Wireless, Cesky Telecom (Czech Republic), COLT
Telecommunications, EBT (Taiwan), France Telecom, Hutchison 3G, Maxis
(Malaysia), Singtel Optus (Australia), Orange, Telecom Argentina, Telecom Egypt,
Telecom Italia, TPSA (Poland), SBC, Swisscom, T-Mobile International, Telia
(Sweden), Telkom South Africa, Telstra, US Cellular, Westel (Hungary), Vodafone
and Verizon. For more information on Intec Telecom Systems, visit the website at
http://www.intec-telecom-systems.com.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

AGREAPAEFELDEFE

1 Year Nets Trust Chart

1 Year Nets Trust Chart

1 Month Nets Trust Chart

1 Month Nets Trust Chart

Your Recent History

Delayed Upgrade Clock