RA'ANANA, Israel, August 18, 2011 /PRNewswire/ --
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MTS - Mer Telemanagement Solutions Ltd. (Nasdaq Capital
Market: MTSL), a global provider of business support
systems (BSS) for comprehensive telecommunication management,
telecommunications expense management (TEM) solutions and customer
care & billing (CC&B) solutions, today announced the
signing of a renewal agreement for its Virtual Network Operator
(MVNO) and Wireless Management Solution with a large, U.S. based
MVNO.
MTS's MVNO Billing Solution is an advanced, convergent billing
platform that handles the full customer care and billing lifecycle
for service providers and virtual mobile networks. The MVNO Billing
Solution offers any MVNE (Mobile Virtual Network Enabler) the
opportunity to seamlessly extend and adapt their operations to
support multiple MVNOs and their subscribers in any market
regardless of their location and localization requirements.
"The MVNE and Wireless Management business continues to grow and
we managed to extend our contract through the end of 2012 with a
large MVNO in the U.S., which provides for minimum total revenues
of $2.5 million," said Eytan Bar, CEO of MTS. "Our MVNO Billing and TEM
Suite solutions provide our customers with a scalable, end-to-end
portfolio of telecom expense management and billing solutions and
services."
The MVNO Billing Solution supports the full customer care and
billing lifecycle, including registering new customers,
provisioning services, catalogue management, point of sale system
(POS), robust CRM module, web self-care, fully featured rating
engine, credit limit alerting, flexible billing and invoicing
engine, invoice verification, payment and collection processing,
partner commission and royalty management, dealer management,
marketing module, and advanced dashboards and analytics.
The MTS Billing solution for MVNOs also supports Dealer
Point-of-Sale (POS) locations with account, inventory management
(SIMs, phones, PIN, etc.), SIM activation, and plan management. The
solution offers Tier 1 support services, account management and a
full on-line customer self-help tool.
In addition to MVNOs, the MTS Billing solution also supports
additional operator types including ASPs, telecom operators/service
providers and wholesalers offering a common platform to manage
customers, dealers/agents, roaming & settlements partners. The
solution supports various lines of business and services including
wireless, wireline, VoIP, IPTV, gaming, content, and more. MTS also
offers a full suite of Telecom Expense Management (TEM) software
solutions and services.
About MTS
Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider
of innovative solutions for comprehensive telecommunications
expense management (TEM) used by enterprises, and for business
support systems (BSS) used by information and telecommunication
service providers.
Since 1984, MTS Telecommunications' expense management solutions
have been used by thousands of enterprises and organizations to
ensure that their telecommunication services are acquired,
provisioned, and invoiced correctly. In addition, the MTS
Application Suite has provided customers with a unified view of
telecommunication usage, proactive budget control, personal call
management, employee cost awareness and more.
TEM Suite enables enterprises to gain visibility and
control of strategic assets that drive key business processes and
crucial competitive advantage. The TEM Suite software,
consulting and managed services solutions -- including integrated
Invoice, Asset, and Usage Management and Business Analytics tools
-- provide professionals at every level of the organization with
rapid access to concise, actionable data.
MTS's solutions for Information and Telecommunication Service
Providers are used worldwide by wireless and wireline service
providers for interconnect billing, partner revenue management and
for charging and invoicing their customers. MTS has pre-configured
solutions to support emerging carriers of focused solutions (e.g.
IPTV, VoIP, WiMAX, MVNO) to rapidly install a full-featured and
scalable solution.
Headquartered in Israel, MTS
markets its solutions through wholly owned subsidiaries in
the United States, Hong Kong and The
Netherlands as well as through OEM partnerships with
Siemens, Phillips, NEC and other vendors. MTS shares are
traded on the NASDAQ Capital Market (symbol MTSL). For more
information please visit the MTS web site:
http://www.mtsint.com.
Certain matters discussed in this news release are
forward-looking statements that involve a number of risks and
uncertainties including, but not limited to, risks in product
development plans and schedules, rapid technological change,
changes and delays in product approval and introduction, customer
acceptance of new products, the impact of competitive products and
pricing, market acceptance, the lengthy sales cycle, proprietary
rights of the Company and its competitors, risk of operations in
Israel, government regulations,
dependence on third parties to manufacture products, general
economic conditions and other risk factors detailed in the
Company's filings with the United
States Securities and Exchange Commission.
Company Contact:
John Venditti
Vice President, Marketing
+1(800)745-8725
john.venditti@mtsint.com
SOURCE MTS-MER Telemanagement Solutions Ltd