Movilnet Purchases Eagle STP Pair from Tekelec.Business Editors, High Tech WritersMORRISVILLE, N.C.--(BUSINESS WIRE)--Nov. 1, 2000 Deployment Fueled by Explosive Growth in Venezuelan Wireless Services Tekelec (Nasdaq: TKLC) today announced that Telecomunicaciones Movilnet C.A. Venezuela purchased a pair of EAGLE signal transfer points (STPs) for its wireless network. Movilnet, the leading provider of advanced digital wireless services in Venezuela, is deploying the EAGLE STPs to accommodate the increased signaling demands placed on its network by the rapid growth of mobile subscribers and Internet services in the market. "Movilnet, with the implementation of a very successful prepaid strategy, has seen over 70% yearly subscriber base growth," said Ignacio Angulo, vice president, Network Operations and Systems, Movilnet. "Our competitive advantage, based on a very efficient SS7 implementation of this service, lies in our ability to provide better and more advanced services at a reasonable cost." Ignacio Angulo continued, "Tekelec's technology allows us to easily scale, reducing cost per customer while accommodating the growth we are experiencing. Tekelec's EAGLE STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. is a highly reliable, scalable solution which will help us increase the robustness and flexibility of our network, in order to consolidate our position in the Venezuelan market as the leading provider of quality wireless services." Cecil Boyd, senior vice president and general manager, Network Systems Division, Tekelec, stated, "Movilnet, with over 1.4 million customers, has been extremely successful in garnering a large share of the cellular market in Venezuela. The growth in its customer base and in the sophisticated wireless data services the company provides are fueling a dramatic increase in the volume of signaling traffic. We are very pleased to partner with Movilnet to develop the signaling backbone for its network which will deliver call control and the scalable capacity to position the company for future growth." About EAGLE STP The Tekelec EAGLE STP is the world's first fully distributed Fully distributed A new stock issue that has been completely resold to the investing public and is no longer held by dealers. fully distributed Of or relating to a new issue of securities that has been sold out. , packet-based STP. It provides unparalleled performance, capacity and throughput at an exceptional value with the highest level of reliability and network security in the industry. The EAGLE STP leads the market with more than 500 systems installed in telecommunications networks worldwide. The EAGLE platform is capable of supporting a local number portability "LNP" redirects here. For the airport in Virginia with that IATA code, see Lonesome Pine Airport. For the compound InP, see Indium phosphide. Local number portability, (LNP) for fixed lines, and full mobile number portability (LNP (Local Number Portability) The capability of keeping the same local telephone number when switching carriers. See NP and WLNP. ) database of up to 48 million numbers, 40,000 transactions per second In a very generic sense, the term Transactions Per Second refers to the number of atomic actions performed by certain entity per second. In a more restrictied view, the term is usually used by DBMS vendor and user community to refer to the number of database transactions performed and up to 2,000 links. The EAGLE platform also supports the addition of new, revenue-generating services and signaling over Internet protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) in next-generation networks. About Movilnet Movilnet is the B-band cellular service provider in Venezuela, offering full IS-136 digital service nationwide and a variety of quality information services See Information Systems. to the Venezuelan market. It is a fully owned subsidiary of CANTV CANTV Compañía Anónima Nacional Teléfonos de Venezuela (NYSE NYSE See: New York Stock Exchange : VNT VNT Variable Nozzle Turbine VNT Variable Nozzle Turbocharger VNT Verbond Van Nederlandse Tussenpersonen (Netherlands Association of Intermediaries) VNT Voluntary National Testing VNT Virtual Network Technologies ). CANTV is a full service telecommunications provider in Venezuela, with 2.6 million access lines in service, 1.4 million cellular subscribers and 241,000 Internet users as of June 30, 2000. CANTV was privatized in 1991 when a consortium led by GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) (now Verizon Communications) acquired 40% of CANTV's equity share capital, as well as operating control from the Venezuelan Government. About Tekelec Tekelec is a leading developer of telecommunications signaling infrastructure, softswitches, diagnostic solutions, and service applications. The company's highly reliable solutions enable telecommunications carriers and equipment suppliers to achieve the benefits of the packet-telephony revolution, while keeping service quality and feature richness intact. Tekelec's innovative solutions are widely deployed in traditional and next-generation wireline, wireless, and IP voice, data communications networks and contact centers worldwide. Corporate headquarters are located in Calabasas, Calif., with research and development facilities and sales offices throughout the world. For more information, please visit www.tekelec.com. The Tekelec logo and EAGLE are registered trademarks of Tekelec. All other trademarks are the property of their respective owners. |
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