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CONSISTEL Press Release |
10 March 2003 |
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CONSISTEL SIGNS STRATEGIC PARTNERSHIP AGREEMENT WITH THE
WORLDS LEADING PROVIDER OF REVENUE ASSURANCE SOFTWARE
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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, CONSISTEL(Singapore) Pte Ltd
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 the leading independent specialist
provider of network solutions for the wireless telecommunications
industry, encompassing software applications and highly experienced
wireless consultants, to wireless communications providers globally.
CONSISTEL offers a complete range of wireless network services, from business and
technical consulting to network design, deployment and management. For
more information, please visit
http://www.CONSISTEL.com
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