Convergys and AT&T Wireless Agreement Signals Start of New Era for Wireless Billing Companies, Says Frost & Sullivan.Business Editors & High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--May 21, 2001 An agreement between AT&T Wireless and Convergys Corporation signals wireless carriers' increased support to bringing Third-Generation (3G) Networks into reality. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. new analysis from Frost & Sullivan (www.telecom.frost.com), World Wireless Operation Support Systems Billing Market Analysis (OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. ), wireless-billing companies generated $1.9 billion in 2000 and are projected to earn $5.5 billion by 2007. Convergys and AT&T Wireless agreed to a 3G billing and provisioning contract potentially worth more than a billion dollars. According to Frost & Sullivan Industry Analyst Daniel Longfield, this sends a strong and positive message for wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. and OSS industries. "This contract is a step forward and should be well received industry-wide," Longfield says. Furthermore, major carriers in the market for a 3G billing solution were not expected to show loyalty to the providers of their 2G solutions. This win by Convergys is significant, proving that Atlys, Convergys's billing platform, is 3G ready. This industry partnership also sparks a race to shore up major wireless carriers with 3G billing solutions. The telecommunications industry can expect many more 3G billing solutions announcements, as wireless carriers systematically piece together transitional and full 3G networks. "Enhanced Services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; offer the opportunity that wireless service providers need to recoup the costs associated with bringing 3G networks to the market," says Longfield. "Just as the 3G licenses were a windfall windfall An unexpected profit or gain. An investor holding a stock that increases greatly in price because of an unexpected takeover offer receives a windfall. for the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and European governments, 3G billing solution contracts will be the most lucrative agreements wireless OSS billing companies have ever made." Frost & Sullivan presents the 2001 Marketing Engineering Awards to companies that have worked diligently to make a positive contribution to the OSS market. These awards are presented to Convergys Corporation, Amdocs Limited and Portal Software Portal Software was founded in 1985 as Portal Information Network, one of the first ISPs in the San Francisco Bay Area. It was founded by John Little. The company offered its own interface through modem access that featured Internet email. . Frost & Sullivan, headquartered in San Jose, Calif., is a global leader in international strategic market consulting and training. This ongoing research is part of the Global OSS Analysis, which also includes market analyses on the World Wireless OSS Billing Market and the World OSS Service Assurance Market. Frost & Sullivan also offers custom consulting to a variety of national and international companies. Executive summaries and interviews are available to the press. World Wireless OSS Billing Market Analysis Report: 7958-60 |
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