RA'ANANA, Israel, July 3, 2013 /PRNewswire/ --
MTS - Mer Telemanagement Solutions Ltd. (NASDAQ Capital
Market: MTSL), a global provider of Mobile Virtual Network
Enabler (MVNE) services and Telecommunications Expense Management
(TEM) solutions, today announced that it entered into a three and
half years agreement with DataXoom, a large U. S. based MVNO, to
provide its cloud and managed services MVNE solution. The agreement
provides for minimum total revenues of $1.1
million through the term of the agreement.
Following an extensive selection process, the MTS MVNE solution
stood out as the only cloud-based managed services solution that
could successfully meet DataXoom's business requirements.
DataXoom will utilize the MTS solution to manage the gateway
to multiple MNOs (Mobile Network Operators), customer care and
billing, provisioning services, catalogue management, point of sale
system (POS), rating engine, payment and collection processing and
a full suite of value-add services for DataXoom subscribers.
The MTS MVNE managed services and cloud solution provides new
MVNOs like DataXoom with a quick time to market, flexible
personalization, and rapid integration into their existing
operations. This allows new MVNOs to focus their efforts on
sales and marketing rather than back office technology and complex
MNO integrations. MVNOs can rapidly gain a competitive
advantage in the marketplace with MTS's MVNE cradle to grave
solution that is specifically designed for MVNOs, regardless of
their size, service offerings or localization requirements.
"DataXoom has a unique offering in the MVNO market and our focus
is on the business customers versus the end consumer," said
Chris Hill, CEO of DataXoom. "This
means we have a unique business model that seemed to be outside the
scope of other MVNE's traditional consumer based focus. After
almost 2 years of due diligence in reviewing the top MVNE's,
MTS' strong leadership team, their modular solution,
flexibility to adapt to any business model, ability to scale and
proven success in the global market were the critical
factors in our decision to select MTS."
The MTS MVNE service supports a full customer care and billing
lifecycle, including registering new customers, provisioning
services, catalogue management, point of sale system (POS), CRM
module, web self-care, fully featured rating engine, credit limit
alerting, flexible billing and invoicing engine, payment and
collection processing, partner commission and royalty management,
network intelligence and advanced dashboards and analytics.
"We're very excited to have DataXoom select MTS. The MVNO market
is very competitive and whether you are a startup MVNO or an
established player, it's important to have the infrastructure and
back office capabilities that support quick subscriber growth,
expansion into opportunistic markets and the ability to quickly add
new MNOs or services as your business dictates," said Eytan Bar, CEO of MTS. "MTS will provide
DataXoom with a proven solution that facilitates a quick startup
and provides established integrations into the major MNOs and a
full suite of advanced features and services. This will help them
differentiate themselves in the market and attract and retain
subscribers and give them the flexibility to support their unique
branding and product offerings."
About MTS
Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider
of innovative products and services for Telecom Expense Management
(TEM), Enterprise Mobility Management (EMM), Mobile Virtual Network
Operators and Enablers (MVNO/MVNE) and Mobile Money services and
solutions used by mobile service providers.
The MTS TEM Suite solution enables enterprises to gain
visibility and control of strategic fixed and mobile telecom
assets, services and IT security policies that drive key business
processes and crucial competitive advantage. The MTS cloud,
consulting and managed services solutions - including integrated
management of invoices, assets, wireless, optimization, usage,
mobile device management, procurement, help desk and bill payment
,along with dashboards and reporting tools - provide professionals
at every level of the organization with rapid access to concise,
actionable data.
MTS's solutions for 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 provides MVNE service to allow
quick launch of new MVNO initiatives in a pay as you grow and
revenue share models. In addition, 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 distribution channels. 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