Tecnomen has received a prepaid expansion order from Telemig Celular in Brazil. Delivery of the expansion will start in June 2006. The prepaid expansion will increase the capacity of the existing system and will provide enhanced services to both new and existing customers, improving customer loyalty and increasing revenues.
“Telemig Celular has always been leading player through innovation in the market place, making them a key customer in the Brazilian market and, in fact, throughout entire Latin American market. By closing this deal we will strengthen our partnership and collaboration even further”, says Oscar Fernandez, Managing Director of Tecnomen Latin America. “Tecnomen has been collaborating with Telemig since the beginning of their prepaid operations, launching new innovative prepaid products, services and promotions increasing revenues and reducing the churn. We are proud to see that Telemig maintains its leading position in terms of EBITDA margins in the country”, added Oscar Fernandez.
Tecnomen Charging solution provides functionality for prepaid and post-paid billing, charging and rating of voice calls, video calls, data traffic and any kind of content services in both mobile and fixed networks. The solution has been pre-integrated with network equipment from the leading network vendors, and supports the simultaneous use of different bearer network standards.
TECNOMEN CORPORATION
Jarmo Niemi
President and CEO
FURTHER INFORMATION
Mr Oscar Fernandez, Managing Director, Tecnomen Latin America,
tel. +55 11 5505 9774
Mr Eero Mertano, Vice President, Sales, Tecnomen Corp., Finland,
tel. +358 9 8047 8523
About Tecnomen
Tecnomen develops messaging and charging solutions for telecoms operators and service providers worldwide. Founded in 1978, it is one of the leading suppliers of messaging and charging solutions. Tecnomen markets its products and services through its own worldwide organisation, as well as through global and local partners, and has supplied its products to customers in over 50 countries. Headquartered in Espoo, Finland, Tecnomen has 380 employees working in 13 locations. The company's shares are quoted on the Main List of the Helsinki Stock Exchanges. For more information on Tecnomen visit www.tecnomen.com.
About Telemig Celular
Minas Gerais state's largest mobile phone company Telemig Celular posted record profits of 174mn reais (US$81mn) in 2005, up from 159mn reais in 2004. Telemig also reported gross revenues of 1.58bn reais, up from 1.54bn reais in 2004. Telemig ended 2005 with 3.3 million users, up 20% on 2004. Prepaid subscribers represent 75% of the total users.
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