NEW YORK -- Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), and the world’s leading supplier of software and systems enabling network-based multimedia enhanced communication services, today announced an expanded suite of converged billing solutions to support the evolving needs of wireline, wireless, broadband and content service providers. Following its recent acquisition of the GSS (Kenan) Division of CSG, Comverse’s billing portfolio now includes Converged Billing, Prepaid, Postpaid, Mobile Payments, Revenue Settlements, Electronic Recharging, Roaming, Meditation, Application Integration and Self Care solutions. This comprehensive offering enables service providers to manage multiple services across all stages of the customer lifecycle, maximize the value from all customer interactions and provide real-time processing at scale.

Comverse’s expanded billing portfolio supports real-time customer management and offers future-proof solutions that meet the ever changing needs of subscribers. Real-time customer management enables service providers to segment the market based on customer needs, and to capture the exact moment when subscribers are ready to make a purchase. Comverse’s converged solutions provide operators with a proven end-to-end solution that supports any network, any service, any location and any payment type, and which are designed to improve operator ARPU by rapidly testing and launching new offerings while improving customer acquisition and retention.

"Comverse has a proven track record of successful billing implementations around the world," said Howard Woolf, Group President, Converged Billing Solutions, Comverse. "Our billing solutions leverage our extensive knowledge and expertise to provide our customers with the ability to connect to their subscribers, based on real-time information, and scale their business to manage any number of subscribers while increasing revenues and improving loyalty."

Comverse Inc. (Nasdaq: CNSI)