CTM Macau has selected Comverse and Tata Consultancy Services (TCS) to transform its operations through consolidating multiple billing and rating systems onto Comverse's ONE platform. This will reduce costs while improving the customer experience through unified billing and new services. The transformation will facilitate growth by allowing CTM to quickly launch innovative offerings. It extends the successful partnership between Comverse, TCS, and CTM to deliver optimal results for the complex modernization effort.
CTM Partners with Comverse, TCS for Business Transformation
1. Press Release
Contact:
Thomas Sabol
Comverse, Inc.
thomas.sabol@comverse.com
+1-781-224-8200
CTM Macau Partners with Comverse, TCS to
Transform Operations, Unleash a More Engaging
User Experience
CTM Converging Multiple Lines of Business with Comverse ONE,
Including Policy, Multi-Year Managed Services
WAKEFIELD, Mass., October 23, 2013 – CTM Macau has selected Comverse
(Nasdaq: CNSI), the global leader in telecom business enablement, and Tata
Consultancy Services (BSE: 532540, NSE: TCS), as partners for a business
transformation that will redefine the user experience, facilitate monetization and
reduce Total Cost of Ownership (TCO).
The Comverse ONE® Converged Billing and Active Customer Management solution,
including Policy Management and enhanced with long-term Operational, Advisory and
Managed Services will facilitate consolidation of multiple lines of business and BSS
systems to deliver convergent charging, optimized operations and advance CTM’s
ambitious growth plans.
This project extends the strong relationship between Comverse and leading IT
services, consulting and business solutions firm TCS to ensure optimal results for the
complex major business transformation.
Benefits of Consolidation
“In a highly competitive marketplace requiring flexibility to respond quickly to customer
and market changes, it has become essential for CTM to unify the multiple billing and
rating systems that currently support our different capabilities and lines of business:
prepaid/postpaid, fixed/mobile, broadband and enterprise services,” said Rui Marcelo,
Director of Information Technology, CTM. “While consolidation and professional
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services will benefit us with significant cost efficiencies, even more important is that it
will enable us to deliver a greatly enhanced customer experience, giving our
subscribers greater choice and control through accelerated introduction of innovative
services and applications, cross-product synergies, unified billing for personalized
plans and creative bundling, and more. Comverse, a global leader in both billing and
communication convergence and a trusted partner for many years, was a natural
choice.”
“CTM’s selection of TCS and Comverse is deeply rooted in the successes that the
three parties have achieved throughout our history of working together,” said JacquesHerve Maupin, Senior VP, Managing Director, Asia Pacific, Comverse. “Comverse’s
rich portfolio of solutions and services and global marketing expertise are a perfect
match for CTM’s requirements to provide convergent policy-based charging, crossbundling and more for its quad-play offering.”
Learn how Comverse ONE’s pioneering single-system approach to BSS convergence
and Comverse Managed Services can help you maximize success in transitioning to
the connected world of 4G, data and all-IP: meet with Comverse at an upcoming
industry event in your region.
About CTM
Formed in 1981, as the only full telecom service provider in Macau, CTM has been
maintaining its leadership role in providing world-class telecom services to the Macau
residents and continues to play a major role in the ongoing development of Macau's
infrastructure. With a solid financial base and an enviable track record of technical
achievement, CTM offers both first-class products and services and outstanding
career opportunities for the prosperous development of Macau. In June 2013, CITIC
Telecom International’s transaction in acquiring the entire shareholding in CTM of both
Cable and Wireless Communications and Portugal Telecom was officially approved by
the Macau SAR Government.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions
organization that delivers real results to global business, ensuring a level of certainty
no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO,
infrastructure, engineering and assurance services. This is delivered through its
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unique Global Network Delivery Model™, recognized as the benchmark of excellence
in software development. A part of the Tata group, India’s largest industrial
conglomerate, TCS has over 276,000 of the world’s best-trained consultants in 44
countries. The company generated consolidated revenues of US $11.6 billion for year
ended March 31, 2013 and is listed on the National Stock Exchange and Bombay
Stock Exchange in India. For more information, visit us at www.tcs.com
About Comverse
Comverse is a leading global provider of telecom business solutions that enable
communication service provider success in the hyper-connected world through service
innovation and smart monetization. The company’s proven and innovative product
portfolio includes BSS, Policy Management (PCRF) and Enforcement and Digital &
Value Added Services – all backed by Managed and Professional Services.
Comverse’s extensive customer base spans more than 125 countries with solutions
successfully delivered to over 450 communication service providers serving more than
two billion subscribers. Comverse’s solutions are available in a variety of delivery
models, including on-site, cloud, hosted/SaaS and managed services. For more
information, visit www.comverse.com.
Statements included or incorporated by reference in this press release may contain
“forward-looking statements.” There can be no assurance that any forward-looking
statements will be achieved, and actual results could differ materially from forecasts
and estimates. Important factors that could affect the company include the risks
described in the section entitled “Forward-Looking Statements” Item 1A, “Risk
Factors” and elsewhere in the company’s Annual Report on Form 10-K filed with the
SEC on May 16, 2013 or in subsequently filed periodic, current or other reports. The
company undertakes no commitment to update or revise forward-looking statements
except as required by law.