(M2 PressWIRE Via Acquire Media NewsEdge) Herzliya, Israel -- FTS, a global provider of billing, customer care and policy control solutions for communications and content service providers, today announced that Vodafone Iceland has implemented the latest version of Leap Billing, FTS' comprehensive end-to-end billing and customer care solution to enable flexible charging and billing for Vodafone's entire line of business, including mobile, fixed and broadband services.
Vodafone Iceland is a convergent communication service provider, offering mobile, fixed, broadband internet and data services. FTS' Leap Billing software supports the operator's charging, billing and customer management needs, and is integrated with Vodafone Iceland's Microsoft Dynamics CRM system.
"We found Leap Billing to be one of the most flexible, robust and cost-effective solutions available on the market," said Ardis Bjork Jonsdottir, Billing Manager Vodafone Iceland. "Thanks to FTS' Leap Billing we have increased the flexibility of our billing and have also increased our ability to create new and innovative services." Leap Billing helps operators to dramatically reduce the time and cost of any change requests, allowing billing to rapidly adopt new services. Using FTS' solutions Vodafone Iceland's back office is able to act at the speed of marketing and with a much lower total cost of ownership (TCO).
"This latest implementation at Vodafone Iceland is a further vote of confidence in FTS' telecom billing solutions," said Yitzchak Feldman, FTS' Vice President of Sales & Marketing. "Leap Billing addresses the needs of convergent service providers such as Vodafone Iceland, and supports them as they continue to offer innovative, cross-network services." Leap Billing is a flexible, convergent billing, customer care and online charging solution that realizes substantial reductions in OPEX and CAPEX while increasing customer satisfaction and retention. Based on FTS' patented business-control technology (DoTree(TM)), the solution captures events delivered over single or multiple network technologies in real-time and responds to them based on a preconfigured set of business policies or actions. This flexibility and ease of use enables the service providers' billing to become a business enabler for offering new marketing plans or services, with a rapid time-to-market.
About Vodafone Iceland Vodafone Iceland is a multi-play service provider offering mobile phone, fixed, internet and data services. Vodafone Iceland focuses on the needs of its customers and offers a wide portfolio of products to both individuals and companies. Vodafone Iceland is a key player on the Icelandic telecom market and the Vodafone mobile network covers over 99% of populated areas in Iceland as well as big part of the Icelandic wilderness.
About FTS FTS provides billing, customer care and policy control solutions that have greater flexibility and provide greater independence for communications and content service providers, resulting in a dramatically lower total cost of ownership (TCO). As the first billing company to provide policy management, by analyzing every transaction from a business standpoint, FTS offers a complete package of solutions and can service both growing and major, established providers.
FTS deploys its full range of end-to-end and add-on telecom billing and policy control services to customers in over 40 countries and implements solutions in wireless, wireline, cable, broadband, machine-to-machine (M2M) and content markets including multiple convergent installations. By providing solutions and service to telecommunications providers globally, FTS is helping to reduce the total cost of ownership of billing and policy control.
Further information is available at http://www.fts-soft.com/.
For further information please contact: Joshua PR: Kate Gordon, Tel. +44 7980 921961 , kate.gordon@joshuapr.com FTS: Moshe Peterfreund, Tel. +972-9-952-6500 , press@fts-soft.com CONTACT: Kate Gordon, Joshua PR Tel: +44 (0)7980 921961 , e-mail: kate.gordon@joshuapr.com Moshe Peterfreund, FTS Tel. +972 9 952 6500 e-mail: press@fts-soft.com ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).
(c) 2012 M2 COMMUNICATIONS
Nokia Oyj : Esko Aho to join Harvard University as Senior Fellow - 4-traders (press release)
Nokia Corporation
Stock exchange release
May 30, 2012 at 9.30 (CET+1)
Espoo, Finland - Today Nokia shares that Esko Aho has been appointed to the role of Senior Fellow at the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School, the school at Harvard University dedicated to study and engagement in public policy and public administration. As a Senior Fellow, Aho will pursue research on the changing role of the state in maintaining welfare and global competitiveness. Aho will continue to represent Nokia and drive the company's governmental affairs as a consultative partner, although he will step down from the Nokia Leadership team, effective August 31, 2012 out of respect for the demands of the Harvard appointment.
"Today's public problems and opportunities increasingly require collaboration between public and private institutions - between business and government," said John Haigh, the center's co-director and Executive Dean of Harvard Kennedy School. "Mr. Aho brings a unique perspective on how these different institutions can work together more effectively. He has vast experience in government, particularly as Prime Minister of Finland, and in senior executive roles at Nokia. He can help bridge the perspectives of many sectors, enabling the collaboration necessary to solve some of the most intractable public problems. We are pleased he will be joining us as a Senior Fellow."
"Esko has made an immeasurable contribution to Nokia's corporate and government relations, bringing unique insights and political acumen," said Stephen Elop, President and CEO of Nokia. "I am certain that Esko will enjoy the challenges the world of academia offers, and we look forward to Esko's continued contributions to Nokia's governmental relations in the future."
Aho joined Nokia in 2008. He has served as executive vice president, Corporate Relations and Responsibility and as a member of the Nokia Leadership Team since the beginning of 2009. In this role, he has led Nokia's government and public affairs function, overseeing the company's global policies and activities regarding sustainable development and social responsibility.
About Nokia
Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia
FORWARD-LOOKING STATEMENTS
It should be noted that certain statements herein that are not historical facts are forward-looking statements, including, without limitation, those regarding: A) the expected plans and benefits of our partnership with Microsoft to bring together complementary assets and expertise to form a global mobile ecosystem for smartphones; B) the timing and expected benefits of our new strategies, including expected operational and financial benefits and targets as well as changes in leadership and operational structure; C) the timing of the deliveries of our products and services; D) our ability to innovate, develop, execute and commercialize new technologies, products and services; E) expectations regarding market developments and structural changes; F) expectations and targets regarding our industry volumes, market share, prices, net sales and margins of our products and services; G expectations and targets regarding our operational priorities and results of operations; H) expectations and targets regarding collaboration and partnering arrangements; I) the outcome of pending and threatened litigation; J) expectations regarding the successful completion of acquisitions or restructurings on a timely basis and our ability to achieve the financial and operational targets set in connection with any such acquisition or restructuring; and K) statements preceded by "believe," "expect," "anticipate," "foresee," "target," "estimate," "designed," "aim", "plans," "will" or similar expressions. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors that could cause these differences include, but are not limited to: 1) our success in the smartphone market, including our ability to introduce and bring to market quantities of attractive, competitively priced Nokia products with Windows Phone that are positively differentiated from our competitors' products, both outside and within the Windows Phone ecosystem; 2) our ability to make Nokia products with Windows Phone a competitive choice for consumers, and together with Microsoft, our success in encouraging and supporting a competitive and profitable global ecosystem for Windows Phone smartphones that achieves sufficient scale, value and attractiveness to all market participants; 3) the difficulties we experience in having a competitive offering of Symbian devices and maintaining the economic viability of the Symbian smartphone platform during the transition to Windows Phone as our primary smartphone platform; 4) our ability to realize a return on our investment in next generation devices, platforms and user experiences; 5) our ability to produce attractive and competitive feature phones, including devices with more smartphone-like features, in a timely and cost efficient manner with differentiated hardware, software, localized services and applications; 6) the intensity of competition in the various markets where we do business and our ability to maintain or improve our market position or respond successfully to changes in the competitive environment; 7) our ability to retain, motivate, develop and recruit appropriately skilled employees; 8) our ability to effectively and smoothly implement the new operational structure for our businesses, achieve targeted efficiencies and reductions in operating expenses; 9) the success of our Location & Commerce strategy, including our ability to maintain current sources of revenue, provide support for our Devices & Services business and create new sources of revenue from our location-based services and commerce assets; 10) our success in collaboration and partnering arrangements with third parties, including Microsoft; 11) our ability to increase our speed of innovation, product development and execution to bring new innovative and competitive mobile products and location-based or other services to the market in a timely manner; 12) our dependence on the development of the mobile and communications industry, including location-based and other services industries, in numerous diverse markets, as well as on general economic conditions globally and regionally; 13) our ability to protect numerous patented standardized or proprietary technologies from third-party infringement or actions to invalidate the intellectual property rights of these technologies; 14) our ability to maintain and leverage our traditional strengths in the mobile product market if we are unable to retain the loyalty of our mobile operator and distributor customers and consumers as a result of the implementation of our strategies or other factors; 15) the success, financial condition and performance of our suppliers, collaboration partners and customers; 16) our ability to manage efficiently our manufacturing and logistics, as well as to ensure the quality, safety, security and timely delivery of our products and services; 17) our ability to source sufficient amounts of fully functional quality components, sub-assemblies, software and services on a timely basis without interruption and on favorable terms; 18) our ability to manage our inventory and timely adapt our supply to meet changing demands for our products; 19) any actual or even alleged defects or other quality, safety and security issues in our product; 20) the impact of a cybersecurity breach or other factors leading to any actual or alleged loss, improper disclosure or leakage of any personal or consumer data collected by us or our partners or subcontractors, made available to us or stored in or through our products; 21) our ability to successfully manage the pricing of our products and costs related to our products and operations; 22) exchange rate fluctuations, including, in particular, fluctuations between the euro, which is our reporting currency, and the US dollar, the Japanese yen and the Chinese yuan, as well as certain other currencies; 23) our ability to protect the technologies, which we or others develop or that we license, from claims that we have infringed third parties' intellectual property rights, as well as our unrestricted use on commercially acceptable terms of certain technologies in our products and services; 24) the impact of economic, political, regulatory or other developments on our sales, manufacturing facilities and assets located in emerging market countries; 25) the impact of changes in government policies, trade policies, laws or regulations where our assets are located and where we do business; 26) the potential complex tax issues and obligations we may incur to pay additional taxes in the various jurisdictions in which we do business; 27) any disruption to information technology systems and networks that our operations rely on; 28) unfavorable outcome of litigations; 29) allegations of possible health risks from electromagnetic fields generated by base stations and mobile products and lawsuits related to them, regardless of merit; 30) Nokia Siemens Networks ability to implement its new strategy and restructuring plan effectively and in a timely manner to improve its overall competitiveness and profitability; 31) Nokia Siemens Networks' success in the telecommunications infrastructure services market and Nokia Siemens Networks' ability to effectively and profitably adapt its business and operations in a timely manner to the increasingly diverse service needs of its customers; 32) Nokia Siemens Networks' ability to maintain or improve its market position or respond successfully to changes in the competitive environment; 33) Nokia Siemens Networks' liquidity and its ability to meet its working capital requirements; 34) Nokia Siemens Networks' ability to timely introduce new competitive products, services, upgrades and technologies; 35) Nokia Siemens Networks' ability to execute successfully its strategy for the acquired Motorola Solutions wireless network infrastructure assets; 36) developments under large, multi-year contracts or in relation to major customers in the networks infrastructure and related services business; 37) the management of our customer financing exposure, particularly in the networks infrastructure and related services business; 38) whether ongoing or any additional governmental investigations into alleged violations of law by some former employees of Siemens may involve and affect the carrier-related assets and employees transferred by Siemens to Nokia Siemens Networks; and 39) any impairment of Nokia Siemens Networks customer relationships resulting from ongoing or any additional governmental investigations involving the Siemens carrier-related operations transferred to Nokia Siemens Networks, as well as the risk factors specified on pages 13-47 of Nokia's annual report Form 20-F for the year ended December 31, 2011 under Item 3D. "Risk Factors." Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
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Nokia
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Email: press.services@nokia.com
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