Intec, a supplier of BSS/OSS solutions to the global telecom industry, announced today the availability of the new Intec Centralized Error Management System (Intec CEMS). Using Intec CEMS, service providers can cut revenue losses by dramatically reducing error volumes, lowering the costs of managing errors, and recovering revenue from unbilled usage and service order errors. One major carrier using Intec CEMS recorded a 90% reduction in its aged error write-offs and a 60% reduction in its error volumes. The product has already been short listed for an award, in the Best New Product category of the TeleStrategies 2006 Billing & OSS World Excellence Awards for Achievement in Innovation.

“We’re very excited to be bringing such a strong new product to the market, particularly one that has a proven track record in major carrier environments,” said Intec CEO, Kevin Adams. “It helps solve a real, profit impacting problem for any carrier, and its centralized approach is particularly relevant as next-generation services become more complex and more valuable.”

Intec CEMS addresses a common but increasingly costly problem for carriers: errors between the services supplied to or ordered by customers, and what customers are actually billed for. Intec CEMS has been proven in Tier 1 carrier production environments where on average 90% of all incoming errors are applied to case logic or corrected automatically within Intec CEMS without user intervention. Correcting errors automatically allows carriers to avoid the revenue loss associated with errors that go undetected, uncorrected, or allowed to age to uncollectable status. [Read more…]

Intec Telecom Systems PLC, a supplier of billing software solutions to the global telecoms industry, announces that it expects to be able to report its results for the six months ended 31 March 2006 within the range of market expectations, before expected adjustments resulting from International Financial Reporting Standards (IFRS). [Read more…]

Intec, a BSS/OSS software vendor for fixed, mobile and next-generation networks, announced today that its Asia Pacific operation has recently secured two key contract wins, both with new, high-profile customers, that are expected to substantially enhance Intec’s visibility in the countries and regions concerned, and have a multimillion dollar total value. [Read more…]

“Cashing In on Content Demand through Micro-Transactions” is a free live Webinar brought to you by xchange magazine and Intec Telecom Systems. In this Webinar, service providers will: Review the growing demand for content and how to monetize it. Discover the comprehensive features and functionality available in off-the-shelf micro-transaction billing systems. Learn the critical capabilities necessary to profit from micro-transactions. Study a real-world micro-transaction billing initiative. Intec and xChange mag have teamed up to present a free live Webinar brought to you by officially by xchange and Intec Telecom Systems. [Read more…]

Frost & Sullivan announced today the selection of Intec as the recipient of its 2006 Growth Strategy Leadership Award in the communications billing vendor market. This award follows Frost & Sullivan’s most recent analysis of the world communications billing market.

Intec was selected for this award because it led the billing vendor market in terms of revenue growth in 2005, achieving 69% growth while the rest of the market remained flat. This achievement was the result of the company’s successful, long-term M&A strategy, which focuses on the acquisition of key assets that enable the company to broaden its comprehensive, market-leading product portfolio, as well as consolidate competitors to achieve improved market share. [Read more…]

Reliance Infocomm, the fastest growing mobile operator in India with one of the country’s largest subscriber bases at over 16 million customers, today affirmed the importance of its continued partnership with Intec, based on its successful use of Intec’s retail billing, interconnect billing and convergent mediation systems. The scalability and performance of Intec’s technology has allowed Reliance Infocomm to grow at very high rates within the competitive and fast-developing Indian market.  [Read more…]

Intec, a leading supplier of BSS/OSS solutions to the global telecoms industry, will deliver its Intec Trading and Routing Solution to VimpelCom.  The solution enables optimised capacity trading and traffic routing in the highly competitive wholesale voice business. The deal further extends Intec’s relationship with VimpelCom, following announcements in 2005 of a multi-million dollar agreement for core components of Intec’s BSS/OSS technology (Intec Dynamic Charging Platform and Intec Mediation.) VimpelCom is also a long-term user of Intec’s market leading settlement platform, Intec InterconnecT. [Read more…]

Intec today announced that Intec and Cisco have successfully completed their first joint implementation with Amazonia Celular & Telemig Celular, two wireless operators with joint operations in Brazil with a broad content services offering. Intec, a global provider of business and operations support systems (BSS/OSS), recently completed interoperability testing for Intec’s Dynamic Charging Platform (DCP) with Cisco’s Content Services Gateway (CSG), part of the Cisco Mobile Exchange (CMX) product suite, an element of Cisco’s Next Generation Networking architecture for mobile operators. Intec became a Cisco Technology Development Partner in 2005 and completed interoperability testing for DCP 5.1.1 at the Cisco facility in Research Triangle Park, NC.
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Mobilink, Pakistan’s leading cellular service provider and part of the Orascom Telecom Group, today announced the awarding of a contract worth in excess of US$1.5 million to Intec, a leading supplier of business and operations support systems (BSS/OSS) to the global telecom industry. Pakistan’s mobile market expanded by almost 150% to surpass 20 million subscribers in 2005, according to the latest statistics released by the Pakistan Telecommunication Authority (PTA). Mobilink led the market with over 11 million customers.
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Brazilian wireless operators Telemig Celular and Amazônia Celular have introduced a next-generation content charging solution for pre-paid and post-paid mobile data services, based on a new software platform developed by Accenture and Intec Billing, the companies announced today.
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Intec, a leading supplier of business and operations support systems (BSS/OSS) to the global telecoms industry, has demonstrated its new, pre-integrated IPTV solution, Intec IPTV. Intec IPTV addresses key service provider challenges surrounding customer interaction and the management and charging of IPTV services. These include rating, charging and balance management for different payment models; real-time service activation and provisioning; interactive customer self-care; and content partner management for revenue sharing and settlement. Intec IPTV, which is available immediately, is already undergoing deployment at a major carrier in Asia Pacific.
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Intec, a leading supplier of business and operations support systems (BSS/OSS) to the global telecoms industry, today launched its new mobile charging, customer management and revenue management solution. The Intec Mobile Business Solution meets the evolving needs of mobile operators and MVNOs worldwide for a single, scalable OSS/BSS platform, capable of evolving from simple voice and messaging services through to fully converged, circuit-switched and IP-based next-generation mobile services.
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Intec, a leading supplier of business and operations support systems (BSS/OSS) to the global telecoms industry, has launched its latest convergent offering, a Wholesale Business Management solution covering the complete span of functionality from Trading and Routing, Wholesale Billing & Settlement, to Pre-processing and Mediation. Intec Wholesale Business Management is a pre-integrated, single vendor solution based on world-leading products that helps carriers to maximize margins through reduced interconnect costs, differentiated offerings, and more professional trading in the capacity market. It will also enable carriesr with wholesale business to improve operational efficiency through automation of key processes and more accurate and timely management decisions. The solution provides enhanced decision support by consolidating business intelligence with real-time (or near real-time) traffic monitoring, reporting and alerting.
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Intec Telecom Systems, a global supplier of Business and Operational Support (BSS/OSS) solutions to the global telecoms industry, has expanded its business operations in Kuala Lumpur, Malaysia, to provide new facilities for training and supporting its many customers in the Asia Pacific region. Intec was one of the earliest multinational companies to identify Malaysia’s strong fundamentals, setting up its Asia Pacific headquarters and Centre of Excellence back in 1999. To date, its staff strength has grown to 200 in the region and its major APAC customers include Maxis and Telekom Malaysia.
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Intec, a leading supplier of BSS/OSS solutions to the global telecoms industry, has been awarded both Product of the Year and an Honorary Diploma for commitment to Russia, by leading industry magazine Billing Computer Telephony. The Product of the Year award was given to Intec’s world-leading multi-service mediation solution, Intec Mediation, which collects and processes service usage information from communications networks.
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Intec Telecom Systems, a global provider of business and operations support systems (BSS/OSS) for fixed, mobile and next generation networks, has signed a contract with Verizon Dominicana for Intec’s InterconnecT Automated Reconciliation (InterconnecT AR) solution. The deal will allow Verizon’s Dominican Republic subsidiary to automate the dispute management process of incoming invoices and outgoing bills for interconnection charges.

Verizon Dominicana will use InterconnecT AR to improve its billing processes substantially, and the added capabilities in InterconnecT AR will further enhance Verizon Dominicana’s billing and revenue generation.

The deal extends a long-term relationship with Verizon, which has a global framework agreement with Intec for Intec’s InterconnecT carrier-to-carrier billing product and its Inter-mediatE mediation technology.

“Adding automated bill reconciliation to its existing InterconnecT system will allow Verizon Dominicana to save time and money on its internal processes, as well as demonstrating best practice in settlements with its partners,” said Intec CEO Kevin Adams.

Interconnect bill reconciliation is a time-consuming and expensive process for operators. Such bills commonly represent tens or even hundreds of millions of dollars of both revenue and cost to carriers, and even small delays and inaccuracies in settlement can have a substantial impact on cashflow and profitability.

Speedy resolution of disputes is key in ensuring the robust profitability of an operator.

InterconnecT AR enables automation of the process for comparing interconnect charge information from multiple interconnect accounting systems. It automates bill reconciliation and dispute management processes through exchange, comparison and settlement of aggregated billing data. This helps avoid the overhead of manual handling of individual transactions – reducing settlement time and improving the accuracy of interconnect charges. InterconnecT AR supports both generic reconciliation and reconciliation using established standards such as CODIFI and DETRAF.

Automated reconciliation offers the opportunity not only to speed up the settlement process, but also to make better use of resources, reduce operating costs and streamline business processes. Automatic reconciliation can shorten settlement cycles and therefore significantly reduce the risk of disputes. Cash-flow management is improved, as amounts payable and receivable can be traced and monitored closely and comprehensively at all stages. Automatic reconciliation need not be restricted to a simple comparison of rated information: it can also be used to identify areas of dispute and suggest potential resolutions. It can also provide automatic adjustments. Financial risk can be further minimised by operators agreeing to pay an amount on the understanding that there will be a later adjustment after reconciliation.

Intec Telecom Systems PLC (“Intec” or “the Company”), a leading supplier of billing software solutions to the global telecoms industry, today announced its audited results for the year ended 30 September 2005 (“FY 2005”). Revenue and earnings have grown almost 70% over the same period last year as a result of the turnaround of the Singl.eView acquisition, with Intec making a clear transition to being one of the world’s leading BSS/OSS suppliers in terms of both business performance and product capability.

Financial Highlights
– Revenue up 69% to £116.2m (Year ended 30 September 2004 (“FY 2004”): £68.8m)
– EBITDA before exceptionals up 58% to £16.9m (FY 2004: £10.7m)
– License sales up 33% to £25.4m (FY2004:£19.1m)
– Adjusted PBT up 63% to £13.5m (FY 2004: £8.3m)
– Loss before tax of £4.0m (FY 2004: loss of £1.2m) after £16.4m amortisation charge (FY 2004: £8.8m)
– Adjusted EPS up 7% to 3.82p (FY 2004: 3.57p); Basic loss per share (2.00p) (FY 2004: (0.80p))
– Operating cash inflow of £0.6m (FY 2004: inflow of £4.6m)
– Net cash and current asset investments of £23.8m (FY 2004: £32.2m)

Operational Highlights
– Successfully turned around the Singl.eView business; made profitable from first quarter of ownership.
– Original Intec business continues to win market share.
– Increase in frequency of multi-product, multi-million pound deals.
– Transformation of Intec into tier 1 vendor of business critical solutions.
– Contract wins across all products and all regions including two RBOCs in the USA, MTN, The Carphone Warehouse, Saudi Telecom and VimpelCom.
– New solutions launched, including Singl.eView v6, Intec IPTV and Intec Trading & Routing.
– New Centre of Excellence opened in Bangalore.

“2005 has been a year of transition in which Intec has increased its market share in its established business, created excellent momentum and good profitability in Singl.eView, and built a strong foundation for continued, profitable growth,” said Intec’s non-executive chairman, John Hughes. “It has also been a year of investment, in particular in new offshore facilities, new software solutions, and improved operational infrastructure, that are vital to our future competitive performance.”

“The impact of Singl.eView on Intec has been dramatic. We are delivering on its promise, particularly in terms of our market presence, and in establishing relationships with the most senior management at tier 1 telcos,” added Intec CEO Kevin Adams. “As well as beating expectations for both revenue and earnings, we have transformed the Singl.eView business from substantial losses to profitability. Despite strong marketplace competition, we have won our largest ever deals, which bring long-term revenue streams.”

Intec Telecom Systems, a leading OSS/BSS software vendor for fixed, mobile and next-generation networks, has opened a Moscow office to serve both Russia and the wider CIS. This local presence is a response to Intec’s high-profile customer base in the region, and to the considerable growth potential of the area.

“Intec has performed well in Russia and the CIS, with a series of major wins over the last couple of years,” said Intec CEO, Kevin Adams. “The growth of both fixed and mobile services across the regions is driving operators to review their support systems and, in many cases, initiate new OSS/BSS projects to deal with escalating subscriber volumes and advanced services.”

The Ministry of Information Technologies and Communications of the Russian Federation has recently approved rules, called the ‘interconnection rules’, with substantial impact on many areas of the telecommunications industry in Russia. Key areas relate to capacity, licenses for international long distance traffic, voice over IP traffic and interconnect pricing. Intec InterconnecT is compatible with these requirements and is helping its customers to fully meet their regulatory obligations.

VimpelCom, an established Intec InterconnecT billing technology customer, added Intec DCP (Dynamic Charging Platform), Inter-mediatE multi-service mediation and InterconnecT Optimised Routing in 2005, to support delivery of advanced mobile services to one of the world’s largest subscriber bases of more than 32 million customers.

Golden Telecom, Inc. chose Intec’s market leading carrier-to-carrier billing application, InterconnecT, in May 2004, to enable multiple, complex, dynamic and ever-increasing partnership agreements.

“Our customer footprint is spreading across both Russia and the CIS, as leading carriers recognise the need for next-generation solutions capable of handling large customer volumes,” added Intec EMEA MD, Peter Deane. “Our new Moscow office is based on the Intec policy of locating expertise and resources close to the customer, and will enable us to serve both new and existing clients from a central location, at a time when the region is undergoing deregulation of the international & long distance market, new legislation and developments such as CPP (calling party pays).”