Cox Communications and Convergys Sign 5-Year Contract Renewal.Business Editors CINCINNATI--(BUSINESS WIRE)--Oct. 16, 2003 -- Cox will license Infinys, Convergys' new convergent business support solution for multi-service bundling, pricing, and billing -- Convergys Corporation (NYSE NYSE See: New York Stock Exchange :CVG CVG Convergys Corp CVG Corporación Venezolana de Guayana CVG Clear Vertical Grain (woodworking) CVG Carrier Group CVG Corporacion Venezolana de Guyana CVG Comprehensive Video Group (South Hackensack, NJ, USA) ), the global leader in integrated billing, employee care, and customer care services, announced today it has signed a 5-year renewal and expansion of its billing software license agreement with Cox Communications Cox Communications is a privately owned subsidiary of Cox Enterprises providing digital cable television and telecommunications services in the United States. It is the third-largest[2] cable television provider in the United States, serving more than 6. , Inc. (NYSE:COX), a leading national provider of broadband communications services. As part of the agreement, Cox will renew its license for Convergys' ICOMS ICOMS Integrated Communications Operations Management system ICOMS Improved Conventional Mine System software - the industry-leading convergent voice, video, and high-speed data billing and subscriber management solution for cable and broadband service providers An ISP, telephone company, cable company or other carrier that offers high-speed communications to homes and businesses, typically for Internet access. Cable modems, DSL and T1 lines are the common technologies. See broadband, cable modem, DSL and T1. . Additionally, Cox is expanding its billing software agreement to license Infinys(TM), Convergys' recently announced convergent business support solution. The advanced capabilities of Infinys will provide Cox with the opportunity to broaden its multi-service bundling, pricing, and billing to support the company's voice, video, and data residential and business customers better. Cox Communications is the nation's fourth largest cable television company serving approximately 6.5 million customers nationwide. The company provides a wide array of services including voice, video, and high-speed Internet See broadband. access to business and residential customers. Today nearly one third of Cox's customers are buying bundled services and that percentage is growing as deployment and marketing of advanced services increase. "Cox continues to be successful in the marketplace by offering a complete bundle of services - video, high-speed Internet, and telephone. The value of providing these services to our customers in an integrated way has been demonstrated by our penetration rates and our industry-leading customer satisfaction," said Scott Hatfield, senior vice president and chief information officer for Cox Communications. "Our customers appreciate the convenience and flexibility we offer through our unique platform. "Our partnership with Convergys has been instrumental in our success because ICOMS has excelled in its ability to handle the complexities of multi-service bundling, pricing, and billing," continued Hatfield. "We understand the value of continuing our partnership with Convergys, and we believe that Infinys will be a key factor in enabling our deployment and marketing of advanced service offerings in the future." "Cox and Convergys are leading players in the cable and broadband industry because both companies continue to evolve and develop solutions that meet the future needs of the industry," said Dave Dougherty, executive vice president, Convergys Global Information Management Group. "Cox understands the importance of customer satisfaction and has shown that it is deeply committed to assuring that its customers receive world-class billing and customer care. ICOMS and Infinys will help Cox's customers realize the savings, convenience, and simplicity of purchasing multiple communication services from one company." Infinys from Convergys delivers fully convergent business support solutions including billing, customer management, order management, partner care, provisioning, and mediation mediation, in law, type of intervention in which the disputing parties accept the offer of a third party to recommend a solution for their controversy. Mediation has long been a part of international law, frequently involving the use of an international commission, for communication services companies. Infinys solutions are built on a component-based architecture that provides unsurpassed flexibility, investment protection, and support. With Infinys, Convergys clients - ranging from mobile to fixed and cable service providers - have the capability for rapid market innovation in their bundling of voice, data, video, and content for their residential and business customers. About Convergys Convergys Corporation (NYSE:CVG), a member of the S&P 500 and the Forbes' Platinum 400, is the global leader in integrated billing, employee care, and customer care services provided through outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. or licensing. We serve top companies in telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , Internet, cable and broadband services See broadband and broadband service provider. , technology, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , and other industries in more than 40 countries. We also provide integrated, outsourced, human resource services to leading companies across a broad range of industries. We bring together world-class resources, software, and expertise to help create valuable relationships between our clients and their customers and their employees. This commitment is validated by the more than 1.5 million individual bills our software produces each day to support more than 120 million subscribers, and by the more than 1.7 million separate customer and employee contacts we manage each day, both live and via electronic interaction. Convergys(R) employs more than 48,000 people in 50 customer contact centers and in our data centers and other offices in 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. , Canada, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Europe, the Middle East, and Asia. Convergys is on the net at www.convergys.com, and has world headquarters in Cincinnati. (Infinys is a trademark and Convergys and the Convergys logo are registered trademarks of Convergys Corporation.) |
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