Tecnotree announces rapid service creation initiative with a key operator in Iran

Tecnotree Corporation
Stock Exchange Release
9 July 2018 at 13.30 EEST

Tecnotree announces rapid service creation initiative with a key operator in Iran

Tecnotree has been selected by a key operator in Iran to accelerate time to market and agile responses to the market needs in their service creation and revenue generation capabilities by establishing a team of experts in collaboration with Tecnotree.

The deal is significant to Tecnotree, as it is valued at USD 1.9 million and strengthens the well-established relationship with the company’s key customer in Iran. The customer has been using the full Tecnotree BSS stack (18 products in total) and is committed to working with Tecnotree products in their digital transformation journey, with Tecnotree’s state of the art Digital BSS 3.0 products.

“Our customer is a recognized innovator in the region and the close collaborative relationship with Tecnotree is helping them to drive that innovation forward and bring in new digital experiences for their subscribers” said Padma Ravichander, CEO, Tecnotree. “The recent implementations of the Real-time order management for data packages have hugely improved the customer experience for their subscribers, and we were very happy to be part of that activity”.

This rapid service creation initiative will see Tecnotree Business analysts and development teams to collaborate closely with the operator’s business users on a daily basis to help them gain competitive advantage by accelerated delivery of new services in the market place, enabling immediate business gains.

Tecnotree Corporation

Further information:

Padma Ravichander, CEO, tel. +97 15 641 414 20

NASDAQ Helsinki
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About Tecnotree:

The Finnish Tecnotree Oyj is a provider of support and customer service solutions used by telecommunications service providers in Finland and internationally. The company sells and markets its product and services via its international organisation as well as global and local partners. Tecnotree was established in 1978 as Tecnomen, and it is listed on Nasdaq Helsinki with the stock symbol TEM1V. Tecnotree’s revenue in 2017 was EUR 55,1 million and it has about 600 employees.

About Us

Tecnotree is a global provider of IT solutions for the management of services, products, customers and revenue for Communications Service Providers. Tecnotree helps customers to monetise and transform their business towards a marketplace of digital services. Together with its customers, Tecnotree empowers people to self-serve, engage and take control of their own digital life. Tecnotree is listed on Nasdaq Helsinki (TEM1V). For more information, please visit www.tecnotree.com.