Intec Telecom Systems Share Discussion Threads

[nicedude1976] 23/8/2010 10:18

"targer price 72p". Not that it wasn't there a few moments ago ;)

[nellie1973] 20/8/2010 17:23

Another broker upgrade

[portman88] 20/8/2010 13:45

Can someone tell me what all these "Form 8.3" actually are.

[nellie1973] 19/8/2010 16:40

Broker upgrade

[caradog] 19/8/2010 07:26

Oh dear, losing a major non-traditional customer. Could this be the global handset manufacturer announced in Sept 09? With the industry tightening its belt and margins being squeezed by lower price competition from India, no wonder the wheels came off ITL in a spectacular way. ITL has jilted 2(?) previous suitors because the offer was considered too low. They may have to accept a lower one this time, if the deal materialises. Glad I'm out, sleep better. Fingers crossed for a reasonable offer for the brave remaining souls clinging to the wreckage.

[deeppockets] 13/8/2010 11:33

Interesting movement on a down day generally - this weekend perhaps

[tratante] 10/8/2010 18:01

Seems holders getting the jitters about whether this will be sold or not, or perhaps MMs trying to frighten the horses and get some shares cheap.

[goofball25] 05/8/2010 10:09

Not getting impatient or anything but I wouldnt mind news of the offer right now please.

[dk37] 03/8/2010 15:10

Another new contract


Latest News
Intec at a Glance
Customer Profiles
Events
Register for Alerts
News Contacts
Intec Signs Strategic Agreement with Virgin Mobile Australia


August 3 2010

London/Brisbane: Intec, one of the world's leading providers of Business Support System (BSS) solutions, together with Virgin Mobile Australia (VMA), a wholly owned subsidiary of SingTel Optus, one of Australia's largest full-service telecommunications carriers, has announced the signing of a two-year strategic agreement. The agreement is for the provision of enhanced professional services support and maintenance for Intec's charging, billing and customer care platform, Singl.eView. This agreement will also serve to optimise ongoing OPEX, a factor that is fundamental to VMA's long-term business strategy.

Virgin Mobile Australia selected Singl.eView as its convergent billing and contact centre platform from the company's inception in October 2000. Singl.eView's innovative customer management and billing in a single, scalable platform has meant the system has been able to scale and flexibly adapt with the operator's growing business. Significant cost efficiencies have been delivered from business process improvements which, in turn, have contributed to efficient planning and control of the organisation.

"We recognise Intec as a vital partner whose technology has delivered exceptional flexibility, and the integrated nature of the product has allowed us to develop new services, quickly, in a highly competitive market," said Nigel Grange, Virgin Mobile's CIO. "Virgin Mobile Australia's long-term relationship with Intec was a key deciding factor in this agreement, along with Intec's proven track record as a leading BSS solutions provider."

"Intec is proud to be recognised as an integral technology and solutions partner by Virgin Mobile Australia," added Graeme Paynter, Intec Vice President for APAC. " Knowing that our leading edge technology has supported not only the growth of the business but the introduction of new generation services to a wider spectrum of the Australian market, only serves to underscore our commitment to the company's longer-term growth objectives."

[tratante] 03/8/2010 10:55

Panmure issued sell advice (reported in Mail at weekend - I was visiting someone who buys it !) to lock in profits in case bid doesn't materiallise - they probably want to buy some at a lower price!

[deeppockets] 30/7/2010 16:33

Maybe buyers expecting news to break Monday - either way, bring it on!!

[tratante] 30/7/2010 15:31

Either news is about to break or peeps worried about not being in on the action.

[truffle] 27/7/2010 13:38

Yes indeed, good find. But not quite sure why Intec hasn't announced this contract win with RNS in the usual way as it has done with other contract wins in the past, rather than someone having to dig it out, so to speak.

It would also be good to know what the actual value of the contract is to Intec.

[tratante] 27/7/2010 13:31

Nice find dk, indicates the value of Intec to a third party. Industry leading is the phrase that comes to mind.

[dk37] 27/7/2010 12:31

Contract win


July 27 2010

Atlanta/London: Intec, one of the world's leading providers of Business Support System (BSS) solutions, today announced the successful deployment of its market-leading solutions for Best Buy, a multinational retailer of technology and entertainment products and services. The Intec solution for Best Buy, which is supplied in a managed services model hosted by Intec's business partner CSC, includes Intec Singl.eView along with Intec's Inter-mediatE and Inter-activatE products. The Intec solution supports the retailer's own mobile broadband offering, Best Buy Connect, launched July 11th.

Best Buy selected Intec in 2009 to support its MVNO plans and help the retailer deliver innovative new services to the consumer technology market. Best Buy Connect is an example of one of these offerings, which allows consumers to one-stop-shop for connected solutions by purchasing computers with customizable mobile broadband service plan options.

The virtually unlimited service types supported by the Singl.eView platform will allow Best Buy to offer an expanded array of services, from data plans to innovative content and technology support services. Postpaid, prepaid, and "pay now" are all supported from a truly convergent service billing engine. More importantly, Singl.eView's inherent flexibility will allow Best Buy to react quickly to changes in what has become the most competitive of landscapes.

"We're building on the great Best Buy brand and foundation to enable people to rely on us for one-stop shopping and support for their mobile computing experience, and our customer support continues well after purchase," said Jed Stillman, vice president of Best Buy Connect. "For our customers, the Intec solution means that Best Buy can deliver the flexibility and reliability that we require to effectively serve customers in this space."

"It is truly an honor to work with an iconic company like Best Buy to bring innovative offerings to consumers. With its support for real-time rating, balance management and thresholds, the Intec solution delivers the flexibility and control needed to manage modern service offers, and provides Best Buy with a solid foundation on which to build a multitude of service offers with confidence," said Ian Watterson, Vice President Americas, Intec.

[davidlloyd] 27/7/2010 11:34

Nice to see that there are considered to be a number of likley interested parties

[tratante] 27/7/2010 10:09

...and for certain it won't go for 68p!

[tratante] 27/7/2010 08:18

I would be surprised if trade buyers like Oracle stand by and watch this go to private equity. Could get interesting.

[dk37] 27/7/2010 06:56

FT suggesting 75/80p from private equity and 100p from a trade buyer
06:59

Intec Telecom Systems jumped 24.9 per cent to 69p after the software maker said it had received its second "highly preliminary" bid approach in just over two years.

Analysts thought Intec was most likely to appeal to a trade buyer, with Numis Securities naming Oracle as a potential bidder.

A software multinational could strip out costs and pay as much as 100p a share, while private equity could afford only 75p-80p, it said. It added: "With the price currently at the bottom end of this range we think investors should sit tight and hope for trade buyers or a competitive process."

[trendfloor] 26/7/2010 22:40

Back to 80p i reckon.

[djderry] 26/7/2010 22:34

Many years ago I predicted/surmised about the price at which General Atlantic would sell,I will remain stum for now.

[tratante] 26/7/2010 18:27

Tomb - every chance I should think. Their software would be quite a catch let alone the customers. Think this will go for more than 75p, but dyor.

[dk37] 26/7/2010 12:58

Comment from Jefferies

Shares in Intec Telecom Systems (ITL.L) soar 35 percent, to their highest level since March, after the billing software firm says it is in early-stage offer talks.

Analyst Milan Radia at Jefferies & Co notes the firm has been in talks before, but says the market is now more amenable to M&A and the company was trading at a 20 percent discount to the sector before Monday's announcement.

U.S billing companies Amdocs (DOX.N) and Convergys (CVG.N) are often cited as potential buyers of the business, he says, while Ericsson (ERICb.ST) has quite a large in-house software practice and could be interested, and the likes of Oracle (ORCL.O) cannot be ruled out.

"Someone will want to get their hands on Intec's software platform, Singl.eView, which is well regarded and ideally positioned for tier two operators," he says. "And ... one of the North American vendors would value their international spread of businesses."

[trendfloor] 26/7/2010 12:16

Probably get another 5% rise tomorrow before we get any details out.

[tomb trader] 26/7/2010 12:15

any chance of a counter?