Telcordia Ranked Number One in Convergent Charging Market

PISCATAWAY, New Jersey, July 19, 2011 -

- Infonetics
Research Recognizes Market-Leading Solutions that Enable
Full-Featured, Real-Time Charging Convergence

Telcordia, a global
leader in the development of Mobile, Broadband and Enterprise
software and services, today announced that it has been named the
global revenue leader in the convergent charging software and
services market by analyst firm href="www.infonetics.com/">Infonetics Research. With
15.4 percent of the market share in a USD$862.3 million segment,
Telcordia was the fastestgrowing vendor by revenue in 2010,
finishing in the number-one spot.

The firm’s June 2011 report, “Convergent Charging Software and
Services: Biannual Worldwide and Regional Market Share, Size, and
Forecasts,” offers a detailed market-share analysis for convergent
charging software and services, projecting segment growth to
USD$3.3 billion by 2015, driven in large part by communications
service providers’ (CSPs’) need to support multiple services with a
single payment system. The report cites Telcordia’s “significant
presence in India, where rapid subscriber growth is translating to
rapid license revenue” as a primary contributor to the company’s
market leadership.

Infonetics highlights that “Convergent charging represents a way
for operators to enable convergence without necessarily needing to
do a billing forklift project.” Telcordia considers that
convergence is more than prepaid and postpaid, but over five types
of convergence are emerging; Mobile/Fixed, Pre/Postpaid, 2G/3G/4G,
GSM/CDMA, and TV. By implementing convergent charging capabilities,
operators can accelerate time to market, profitability and an
interactive customer experience.  

“Telcordia has gained traction in emerging markets, where
operators want to expand their business and deliver multi-play
offerings to drive customer acquisition,” said Shira Levine,
Directing Analyst, Next Gen OSS and Policy at Infonetics Research.
“With its market leadership, Telcordia is well positioned to
capitalize on a segment that grew by 37 percent last year and will
continue a steady growth trajectory for the next five years.”

“This recognition validates the innovative Converged Charging
work that Telcordia has performed in emerging markets all over the
world, but especially in India, where our solutions manage 30
percent of the country’s new subscribers, which numbers more than
one hundred million,” said Michael Wojcik, President, Service
Delivery Solutions, Telcordia. “The key to success is helping our
service provider customers apply flexible, real-time,
customerspecific rating and charging features that deliver a
consistent customer experience. Telcordia Converged Charging makes
it easy and affordable to apply tailored promotions, features, rate
plans and cross-product bundles to any type of customer
account.”

Telcordia’s Converged Charging solutions allow CSPs to turn
pricing into a powerful brand differentiator by enabling them to
maintain balances for prepaid users; manage credit limits and usage
balances for postpaid users; automatically generate and transfer
call detail records to their billing and back-office financial
systems to manage collections; and offer the same features,
policies, service controls and packages to all customers.

For more information about Telcordia, visit href="www.telcordia.com/">www.telcordia.com. For
more information on Telcordia’s Converged Charging solutions, visit
href="www.telcordia.com/portfolios/service_delivery/index.html?int_cid=Homepage-Image">
www.telcordia.com/portfolios/service_delivery/index.html?int_cid=Homepage-Image

About Telcordia

Telcordia, a global leader in the development of mobile,
broadband and enterprise communications software and services,
enables Communications Service Providers (CSPs), enterprises,
suppliers and governments to successfully deploy innovative and
advanced services that help our clients realize operational
efficiencies, drive revenue, and maintain a competitive edge. 
As the industry’s go-to expert for solving the most complex
communications challenges, Telcordia is known for getting it right
the first time and for having the depth of expertise to fully
understand our customers’ situation, respond appropriately, and
deliver as promised. Telcordia has globally trusted expertise in
software and services to meet the needs of customers and partners,
including, consulting ( href="www.telcordia.com/services/consulting_services.html">www.telcordia.com/services/consulting_services.html),
next-generation OSS ( href="www.telcordia.com/portfolios/next-generation-oss/index.html">
www.telcordia.com/portfolios/next-generation-oss/index.html),
network and application interconnection ( href="www.telcordia.com/services/interconnection/interconnection.html">
www.telcordia.com/services/interconnection/interconnection.html),
service delivery and charging  solutions ( href="www.telcordia.com/portfolios/service_delivery/index.html">
www.telcordia.com/portfolios/service_delivery/index.html),
industry research ( href="www.telcordia.com/innovation/index-research.html">www.telcordia.com/innovation/index-research.html)
and new technology development ( href="www.telcordia.com/innovation/index.html">www.telcordia.com/innovation/index.html).
Telcordia is headquartered in Piscataway, N.J., with offices
throughout North America, Europe, Asia, Central and Latin America.
( href="www.telcordia.com/">www.telcordia.com).

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Krista Wald, Telcordia Technologies, Inc., +1-732-699-5050, kwald at telcordia.com; Daniel Rhodes or Kyle Loomis, Global Results Communications for Telcordia, +1-949-608-0276, telcordia at globalresultspr.com