News

CONSISTEL Press Release - March 2003

CONSISTEL SIGNS STRATEGIC PARTNERSHIP AGREEMENT WITH THE WORLDS LEADING PROVIDER OF REVENUE ASSURANCE SOFTWARE

Singapore - CONSISTEL Pte Ltd from Singapore has signed a strategic partnership agreement with the Swedish software company Visual Wireless AB. CONSISTEL, formerly known as Metapath Software International (Singapore) Pte Ltd, with offices in Singapore, Thailand, Philippines, Malaysia, Indonesia and Hong Kong will be an exclusive VW distributor in Asia.

Revenue Assurance and fraud are focus areas that greatly concern fixed and wireless operators worldwide. Analysts estimate telecom revenue leakage to be USD 100-200 billion annually. Visual Wireless offers a Total Revenue Assurance Solution based on the Visual CDR platform, addressing leakage and fraud in all areas of a telecom operator.

"We are very pleased to add Visual Wireless end-to-end Revenue Assurance solutions to our portfolio," says Mr. Masoud Bassiri, CEO of CONSISTEL. " We have a very strong presence in the Asian telecommunication market and with this partnership I strongly believe we can bring the Asian operators a powerful solution to deal with revenues lost in complex and fast growing networks". CONSISTEL was established in 1996 formerly owned by MSI and Marconi. The company has vast experience in advanced network planning, implementation and integration of networks and support systems.

"Asia is a very important part of the world when it comes to development in telecoms so I am therefore very pleased that we can announce CONSISTEL as our strategic partner and distributor in the region," says Einar Lindquist, CEO of Visual Wireless and adds "we have already had discussions with operators in the region and the interest in our Revenue Assurance solutions is high".

Visual CDR contains tools and solutions for maximising revenues by identifying revenue leakage. It is an extremely powerful and cost-effective product for maximising short-term profit and long-term revenue integrity. The partnership will create an opportunity for CONSISTEL to inject its skill sets into the implementation of Visual Wireless’ revenue assurance products by working with customers in Singapore, Malaysia, Thailand, Philippines, Indonesia, Brunei, Vietnam, Cambodia, India, Hong Kong, Pakistan, Bangladesh, Sri Lanka, Taiwan, Korea, Australia, New Zealand, UAE, Saudi Arabia and Middle East, to fine-tune their day-to-day processes and procedures and by transferring revenue assurance and fraud management skills to the customer.

For more information, please contact:

Marketing
Tel: +65 6396 7000
Email: marketing@consistel.com

About Visual Wireless

Visual Wireless employs 80 people and turned over SEK 56 million in 2002. Its head office is in Stockholm. The company was founded in 1991 and since then has grown organically until InnovationsKapital invested in the company in 2002. Visual Wireless’s current Revenue Assurance portfolio consists of Visual CDR – for revenue analysis, Visual Fraud – for fraud detection, and Visual Settlement – for interconnect billing and an integrated range of consulting services. Further the company offers a data warehouse and data mining services. For more information, please visit http://www.visualwireless.com

About Consistel

Consistel is a global wireless software solutions provider and system integrator with extensive experience in delivering In-building wireless communications systems around the world. We design and develop a complete range of wireless network software applications that enable our customers to integrate systems for mobile connectivity through efficient planning, designing and integration of wireless networks for profitability and growth. Consistel has a ready pool of highly qualified professionals and recognized experts located regionally to support its operations. For more information, please visit http://www.consistel.com