CBIS acquires X International companies in strategic expansion -- CBIS to provide new generation of billing and customer care products for international mobile communications.CINCINNATI, Ohio “Cincinnati” redirects here. For other uses, see Cincinnati (disambiguation). Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. and LONDON, England--(BUSINESS WIRE)--April 3, 1995--Cincinnati Bell Information Systems (CBIS CBIS Computer Based Information System CBIS Christian Brothers Investment Services CBIS Cincinnati Bell Information Systems CBIS Chinese Biodiversity Information System CBIS Certified Brain Injury Specialist (R)) announced today it has taken an important step forward in the international communications marketplace by adding GSM product capabilities through the acquisition of the X International group of companies of Bristol, England. Under terms of an agreement signed today in London, XI Services, Ltd., and XI Systems, Ltd., will become part of CBIS and CBIS Ltd., its subsidiary headquartered near London. X International is an established information technology company that provides software and services for a wide range of telecommunications companies. It supplies state-of-the-art business solutions to support Mobile Service Providers and GSM Operators, and also markets products supporting paging, wireline, cable, cellular resellers, and intelligent networks. X International's employees will become employees of CBIS Ltd. ``Through this strategic acquisition, CBIS's capabilities will be enhanced with the GSM technology and experience necessary to increase our international presence and complement our billing solutions leadership in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ,'' said James F. Orr, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CBIS. ``The strength of our telecommunications industry experience, our size, and global coverage will provide clients with the further international commitment and resources necessary to ensure essential, long-term support.'' ``In addition,'' Orr said, ``the enhanced expertise, resources, and solutions now available through CBIS Ltd., will fulfill the international client's billing and customer support needs for multiple, advanced technologies in a fully-integrated and seamless manner. When combined with the feature-set offered by Precedent 2000(SM), our third-generation billing solution for the non-GSM market, these new CBIS capabilities will meet the widest range of billing requirements.'' CBIS Ltd., will immediately begin the international marketing of this newly-acquired line of turn-key billing solutions and services under the name CBIS Advantage(TM). CBIS Ltd. is committed to supporting and serving XI's existing clients with uninterrupted quality and service. These clients are expected to benefit from the increased strength of CBIS in meeting their needs. CBIS Advantage products are state-of-the-art, third-generation billing solutions targeted primarily toward the international mobile communications (GSM) and convergence markets. (GSM -- Global System for Mobile Communications (communications) Global System for Mobile Communications - (GSM, originally "Groupe de travail Sp?ciale pour les services Mobiles") One of the major standards for digital cellular communications, in use in over 60 countries and serving over one billion subscribers. -- is the digital cellular technology which is the standard for new European digital mobile telephone services.) In addition to GSM, CBIS Advantage products also support other channels and technologies including analogue cellular, wireline, paging, value-added services, cable telephony See cable telephone. , cable TV, video-on-demand, and interactive cable services. ``This acquisition provides a new synergy -- a rounding-out of CBIS's offerings in mobile billing systems and services -- by adding GSM skills and deliverables to CBIS's reputation for high quality, international presence, significant scale, and experience with large projects,'' said Robert Thompson Robert Thompson may refer to:
CBIS Ltd., the UK subsidiary of CBIS, is an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001-certified supplier with ``TickIT'' accreditation. CBIS is a subsidiary of Cincinnati Bell Cincinnati Bell is the dominant telephone company for Cincinnati, Ohio and its nearby suburbs in Ohio, Indiana and Kentucky. The parent company is named Cincinnati Bell Inc. Inc. (NYSE NYSE See: New York Stock Exchange :CSN CSN Crosby, Stills, and Nash (band) CSN Centrala studiestödsnämnden (Swedish: state education grant and loan program) CSN Confédération des Syndicats Nationaux (French) ), a $1.2 billion corporation which supplies telecommunications, information management, and marketing services. Other subsidiaries include Cincinnati Bell Telephone, a major, independent telephone company, and MATRIXX Marketing, the world's largest provider of telephone marketing services. CBIS is the global leader in the provision and management of billing solutions for the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. . More than 50 percent of the wireless communications bills generated in the United States are produced by CBIS software, and CBIS's advanced data centers process more than 75,000,000 wireless bills and more than 45,000,000 wireline bills each year. CBIS uses its extensive billing systems expertise and service bureau experience to create demonstrable advantages for leading companies in wireless, wireline, and emerging communications services. -0- CBIS is a registered U.S. service mark, Precedent 2000 is a service mark, and CBIS Advantage is a trademark of Cincinnati Bell Information Systems Inc. CONTACT: Cincinnati Bell Information Systems, Cincinnati John Pratt, UK +44.753.551955 or US 800-327-3900 E-mail: john.pratt(at sign)cbis.com |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion