Ericsson to Provide Telephony Softswitch Upgrade and Managed Services for Portuguese Operator ONI.STOCKHOLM, Sweden -- ONI ONI abbr. Office of Naval Intelligence Noun 1. ONI - the military intelligence agency that provides for the intelligence and counterintelligence and investigative and security requirements of the United States Navy , one of Portugal's leading telecommunications operators, has selected Ericsson (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ERICY) to upgrade its fixed-core network, including the introduction of Ericsson's telephony softswitch solution. Ericsson will also provide managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality for the network. Ericsson's telephony softswitch solution will provide ONI with a secure evolution from a circuit-switched to a multi-service network. It will be capable of carrying large and growing volumes of voice and data traffic, integrating traditional fixed telephony with IP-based traffic in a single network. As part of the agreement, Ericsson will also be responsible for three years for the day-to-day management of ONI's network, providing a full range of operational and maintenance activities. This will allow ONI to reduce operating expenditure, increase its focus on customers and strengthen its position in the Portuguese market. Xavier Martin, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of ONI Telecom, says: "This agreement will allow us to continue serving our customers with the quality and reliability they are used to, and at the same time capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the efficiency this new technology will bring." Fatima Raimondi, President of Ericsson Portugal, says she is pleased ONI has chosen Ericsson as the supplier for its next-generation platforms and provider of managed services. "Flexibility and high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. , in combination with our local expertise, have been the key factors for further strengthening our partnership with ONI," she says. Ericsson is the leader in managed services with 48 publically announced contracts. Currently, Ericsson-managed networks serve more than 38 million subscribers worldwide. Thirty-three operators have selected Ericsson for its softswitch solution and 25 networks using the solution are in commercial service today. Ericsson is shaping the future of Mobile and Broadband Internet See broadband. communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world. Read more at http://www.ericsson.com About ONI ONI operates in the telecommunications market through ONI Telecom in Portugal and Comunitel in Spain. ONI is the Portuguese leader among the new fixed-network operators. The company is the vehicle chosen by four leading Portuguese business groups -- EDP (Electronic Data Processing) The first name used for the computer field. EDP - Electronic Data Processing (energy), Millennium bcp (banking), Brisa (motorways) and Galp Energia (oil and gas) -- for their entry into the telecommunications market. |
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