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According to the company, provided that the Arbitral Tribunal appointed for the redemption proceedings confirms that Nokia's redemption right is clear, Nokia is entitled to gain title to all the Comptel shares against the placing of security approved by the Arbitral Tribunal for the payment of the redemption price.
The offer values Comptel at approximately EUR 347m (USD 369.29m), on a fully diluted basis.
To properly address the business opportunity for digital services, operators have to be able to innovate, create, deliver and manage these services on-demand, accurately and in ways that are contextually relevant for Generation Cloud, said Antti Koskela, Executive Vice President, Service Orchestration, Comptel. A digital service management layer such as the one offered by FLOWONE V will help ensure telcos' agility, as it supports the rapid ingestion of and the ability to compose and deploy digital services comprised of virtualized network functionality, IT applications and third-party content.
"Some compare Comptel Plus as having some of the best characteristics of ITW, PTC and ITEXPO events and but is targeted to traditional telecommunications companies that are eager to update to more innovative services that they can provide to their customers.
Mika Korpinen, SVP, MEA, Comptel, added: "We know from
Comptel Provisioning and Activation enables operators to fully automate the process of handling subscriber orders to activate services in the network.
Comptel will keep its existing Axioss customers and continue to support them, it said.
Comptel Corporation (HEX: CTL1V), a provider of operations support software to telecoms operators, today announced the launch of its Comptel Control and Charge solution, an integrated, modular solution that brings together Comptel's existing solutions for policy control, charging and mediation.
Comptel Corporation (OMX Helsinki: CTL1V), a leading vendor of dynamic Operations Support System (OSS) software, has announced that Greek operator WIND Hellas has selected Comptel Provisioning and Activation Solution.
Finnish telecom software group Comptel said it had signed a joint marketing agreement with Geneva Technology, a supplier of convergent billing software product Geneva.