WAKEFIELD, Mass., June 8, 2010 (GLOBE NEWSWIRE) -- Comverse today announced that Cycle30, a newly formed subsidiary of integrated telecommunications provider GCI (Nasdaq:GNCMA), selected a Comverse Business Support System (BSS) solution to support a fully hosted billing platform for mid-tier telecom, cable and utility operators in North America.
The hosted services include multi-service charging and billing for existing and emerging services across various markets.
"We selected Comverse's billing engine to support our hosted, order-to-cash billing services based on our successful experience working with Comverse at GCI for many years," said Jim Dunlap, president of Cycle30.
"Our hosted services are ideal for operators that do not want to make the upfront capital investment in an onsite billing solution or fund the staffing of an IT organization to manage their billing systems," Dunlap said. "By working with Cycle30, operators benefit from an end-to-end billing solution as a service that they can pay for as they use it over time."
The Comverse BSS solution is optimized for the converging telecommunications market, bringing Cycle30 an advanced set of active customer management capabilities, including a call center application and order management. Widely adopted around the globe, the Comverse BSS solution enables operators to grow revenues, build loyalty and reduce operating expenses.
"Cycle30's parent company GCI has been a longstanding multi-play customer of a Comverse BSS solution, using it for their convergent billing," said Garrison Macri, Senior Vice President, North America, at Comverse, the world's leading supplier of software and systems enabling value-added messaging and content services, converged billing and active customer management, and IP communications.
"In fact, GCI's success in transforming its back-office systems to a single Comverse platform was a key enabler for the creation of Cycle30," Macri said. "Unlike other hosting companies, Cycle30 offers extensive experience from the operator side to provide high-quality hosted billing services to other operators in North America."
About Cycle30
Cycle30, Inc., a GCI company based in Seattle, Wash., provides billing services in North America. The company's offering covers all order-to-cash systems required by converged telecom, cable and utility providers. Cycle30 has helped transform GCI from a multi-product carrier of disparate services to a truly converged provider of bundled, high-value telecom services, consolidating nine billing systems into one, and increasing operational efficiency and competitive agility. For more information, visit www.cycle30.com.
About GCI
GCI is the largest telecommunications company in Alaska. A pioneer in bundled services, GCI provides local, long distance and wireless telephone, cable television, Internet and data communications services throughout Alaska. More information about GCI can be found at www.gci.com.
About Comverse
Comverse® is the world's leading provider of software and systems enabling value-added services for voice, messaging, mobile Internet and mobile advertising; converged billing and active customer management; and IP communications. Comverse's extensive customer base spans more than 125 countries and covers over 450 communication service providers serving more than two billion subscribers. The company's innovative product portfolio enables communication service providers to unleash the value of the network for their customers by making their networks smarter. Comverse's solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, IP, IMS or converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (Pink Sheets:CMVT). For more information, visit www.comverse.com.
All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s).
This release contains "forward-looking statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that any forward-looking statements will be achieved. Important factors that could affect the statements contained herein include:changes in the demand for the company's products; changes in capital spending among the company's current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; and risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis. The company undertakes no commitment to update or revise forward-looking statements except as required by law.