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Colombia Movil Selects Portal Software for End-to-End Billing; Portal Extends Leadership in Latin America
7/15/03
CUPERTINO, Calif., Jul 15, 2003 (BUSINESS WIRE) --
Portal Software, Inc. (Nasdaq:PRSF), a leading provider of billing and subscriber management solutions, today announced that Colombia Movil SA, an emerging wireless service provider in Latin America, has chosen Portal`s Infranet(R) to quickly and successfully launch the company`s new GSM/GPRS business. Portal`s product-based billing solution offered Colombia Movil faster time to market with less risk and the lowest total cost of ownership of the options considered.
Easy integration into other OSS/BSS and enterprise applications was an important criterion for the selection of Colombia Movil`s billing system. Portal`s proven, pre-integrated CRM and billing solution, TelcoOne(TM), made Portal the most complete solution set for Colombia Movil. This milestone win illustrates Portal`s leadership in the global wireless communications market as well as its commitment to the Latin American region. The win also underscores Portal`s strength in traditional voice billing solutions and the unique end-to-end capabilities of its TelcoOne solution, jointly developed with Siebel Systems.
Colombia Movil expects to grow to one million subscribers within the next two years and expand its services in convergent prepaid and postpaid models. `Portal is a strategic ally in helping us get to market quickly with superior services that surpass incumbent competition,`said Mauricio Mesa, CEO, Colombia Movil. `They offered us a clean and fast integration with our front and back office systems, low total cost of ownership, and minimized risks.`
`Portal is gaining momentum in the high-growth Latin American market where providers require the ability to rapidly adapt to changing conditions and requirements to create competitive advantage,` said Kris Nagel, vice president and general manager, Americas at Portal Software. `The flexibility inherent in our product-based approach will help bring Colombia Movil to market quickly and scale with them as the company, and its set of services, grows.`
Mobile operators in Colombia ended the first quarter of this year with a total of 4.88 million subscribers, which increased their subscriber base from last year by 38%, according to figures published by the Colombian Communications Ministry.
7/15/03
CUPERTINO, Calif., Jul 15, 2003 (BUSINESS WIRE) --
Portal Software, Inc. (Nasdaq:PRSF), a leading provider of billing and subscriber management solutions, today announced that Colombia Movil SA, an emerging wireless service provider in Latin America, has chosen Portal`s Infranet(R) to quickly and successfully launch the company`s new GSM/GPRS business. Portal`s product-based billing solution offered Colombia Movil faster time to market with less risk and the lowest total cost of ownership of the options considered.
Easy integration into other OSS/BSS and enterprise applications was an important criterion for the selection of Colombia Movil`s billing system. Portal`s proven, pre-integrated CRM and billing solution, TelcoOne(TM), made Portal the most complete solution set for Colombia Movil. This milestone win illustrates Portal`s leadership in the global wireless communications market as well as its commitment to the Latin American region. The win also underscores Portal`s strength in traditional voice billing solutions and the unique end-to-end capabilities of its TelcoOne solution, jointly developed with Siebel Systems.
Colombia Movil expects to grow to one million subscribers within the next two years and expand its services in convergent prepaid and postpaid models. `Portal is a strategic ally in helping us get to market quickly with superior services that surpass incumbent competition,`said Mauricio Mesa, CEO, Colombia Movil. `They offered us a clean and fast integration with our front and back office systems, low total cost of ownership, and minimized risks.`
`Portal is gaining momentum in the high-growth Latin American market where providers require the ability to rapidly adapt to changing conditions and requirements to create competitive advantage,` said Kris Nagel, vice president and general manager, Americas at Portal Software. `The flexibility inherent in our product-based approach will help bring Colombia Movil to market quickly and scale with them as the company, and its set of services, grows.`
Mobile operators in Colombia ended the first quarter of this year with a total of 4.88 million subscribers, which increased their subscriber base from last year by 38%, according to figures published by the Colombian Communications Ministry.
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