Comptel Explained

Comptel Corporation
Type:Public (NASDAQ OMX Helsinki: CTL1V)
Location:Helsinki, Finland
Area Served:Worldwide
Industry:Telecommunications Software
Num Employees:750+
Homepage:www.comptel.com

Comptel Corporation was an international software company specialising in telecommunications. Nokia acquired Comptel in 2017 to merge it as a part of its Nokia Software business unit.

History

Comptel was founded in Helsinki, Finland in 1986; the trade register entry was made on June 30. Initially the company was a system development and IT subsidiary of Helsinki Telephone Association. Comptel was listed on NASDAQ OMX Helsinki in 1999 under the code CTL1V.

In 2005, Comptel acquired EDB Telecom, a telecom subsidiary of a Norwegian IT company EDB Business Partner,[1] and in 2008, Axiom Systems, a UK-based software product company that focused on the broadband fulfilment market.[2]

Before the acquisition by Nokia, Comptel operated globally in the developing Operations Support Systems (OSS) market for telecommunications and had offices in 20 locations. Comptel employed about 750 people.[3] Major hubs were in Helsinki, Kuala Lumpur in Malaysia, Lysaker in Norway and Reading, UK. Comptel’s OSS product portfolio consisted of mediation, charging, policy control, fulfilment and provisioning and activation.[4] [5] [6] [7] [8] [9]

On February 9, 2017, Nokia announced that it would acquire Comptel.[10] The acquisition was completed on June 29, 2017.[11]

External links

Notes and References

  1. News: Comptel to acquire EDB Telecom Europe ops. UPI. 2018-07-23. en.
  2. News: Comptel acquires UK-based Axiom Systems. Comptel. GlobeNewswire News Room. 2018-07-23. en-US.
  3. Web site: Comptel - Company Report 6/2016 . 2016-08-31 . https://web.archive.org/web/20160915132616/http://www.comptel.com/docs/default-source/ir-presentations-esitysmateriaalit/comptel-company-report-2016-inderes_oy.pdf?sfvrsn=4 . 2016-09-15 . dead .
  4. http://www.comptel.com/investors/company_profile/comptel_in_2_minutes About Comptel Corporation - Comptel
  5. Web site: Cisco To Buy Comptel's Axioss Software Assets For $31 Million In Cash. 2021-04-05. TechCrunch. en-US.
  6. Web site: http://www.billingworld.com/news/2011/04/nbn-picks-comptel-for-ip-service-fulfillment.aspx. 2021-04-05. www.billingworld.com.
  7. http://connectedplanetonline.com/bss_oss/news/romtelecom-continues-beneficial-transformation-program-with-comptel-0822/ Romtelecom continues beneficial transformation program with Comptel
  8. http://www.marketwire.com/press-release/movistar-argentina-upgrades-comptel-convergent-mediation-enhanced-performance-greater-nasdaq-ctl1v-1378281.htm Movistar Argentina Upgrades Comptel Convergent Mediation for Enhanced Performance and Greater Scalability
  9. http://www.marketwire.com/press-release/comptel-control-and-charge-honoured-as-a-finalist-in-the-2011-world-vendor-awards-1408340.htm Comptel Control and Charge Honoured as a Finalist in the 2011 World Vendor Awards
  10. Web site: Haranas. Mark. 2017-02-09. Nokia Dives Deeper Into Software With Plans To Acquire Comptel For $370 Million. 2021-04-05. CRN.
  11. Web site: Nokia Corporation.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Comptel".

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