Intec Completes Billing Acquisition

Intec Telecom Systems has completed the $74.5M acquisition of the 'Singl.eView' retail billing software division from ADC

August 31, 2004

1 Min Read

WOKING, U.K. -- Intec Telecom Systems PLC is pleased to announce that it has successfully completed the $74.5 million acquisition of the 'Singl.eView' retail billing software division from ADC Telecommunications, Inc. The award-winning Singl.eView product line, widely regarded to be one of the top retail billing solutions available, is in use at over 70 Tier 1 and Tier 2 carriers in 17 countries, including Deutsche Telekom, Virgin Mobile, Hutchison 3G, SingTel Optus, and Reliance. The deal approximately doubles Intec's staff team, adding over 630 new employees worldwide, and creating a large professional services team of over 680 people.

"With the acquisition of Singl.eView, Intec now has the three key revenue generating OSS applications: retail, interconnect and content, plus three critical network facing OSS, convergent mediation, service activation, and real-time charging," said Intec Executive Chairman, Mike Frayne. "This product family, each one individually developed and proven to meet the most demanding, carrier grade requirements of Tier 1 operators, is unmatched in the OSS industry for breadth, performance, functionality and scalability. The acquisition also substantially enlarges our global presence with a total staff team of 1300 people based in 26 offices worldwide. Intec now has over 320 people in product development and over 680 in professional services, giving us a huge capability to develop and implement the most sophisticated OSS projects in the world."

Intec Telecom Systems plc

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like