Basset selected to supply RevUp Interconnect to Elisa

Online, June 30, 2010 (Newswire.com) - Basset AB and Elisa Eesti AS strengthens their already good partnership further as Basset has been selected to supply a new interconnect billing solution to Elisa. Basset RevUp Interconnect will replace a fixed line billing solution, which has been acting as a fixed line interconnect billing system.

Basset has been selected to supply RevUp Interconnect billing system to Elisa Eesti AS, a leading communications services provider with operations in the Nordic countries, the Baltic's and Russia. Basset was selected in fierce competition with the other top players within the Interconnect billing domain due to flexibility, previous history and Basset's willingness to listen to Elisa's business requirements and constantly evolving the solutions.

The primary objectives in implementing a new interconnect billing system were to define a single technology platform, the possibility to monitor the correctness of invoicing, reduce manual workload and overall operational costs, improve operational efficiencies and the ability to develop the business with their interconnect partners to achieve a competitive advantage.

"In order to maintain our business objectives and customer loyalty, it was essential for us to replace the system with a dedicated interconnect billing solution as current systems used is failing to meet our business needs. The new solution will support our business; give us new opportunities for reporting. It will also give us the opportunity to increase our revenues, strengthens the customer loyalty and introduce new services faster", says Triinu Viiderfeld, Interconnect Manager at Elisa Eesti AS.
The two companies have a good history together. Basset was previously chosen to supply a roaming billing solution a few years ago, an installation that was very successful and which has given Elisa large savings, both in time and costs.

"We are very proud of the strong relationship we have with Elisa and the new opportunity we have been given to install our RevUp Interconnect. This is yet another proof that our RevUp Interconnect is the leading Interconnect billing solution on the market." says Magnus Nordlöf, Vice President Business Development at Basset.

For further information, please contact:

Jenny Widing
Marketing Director, Basset AB
Phone: +46 (0)8 5626 7600
Email: [email protected]

Triinu Viiderfeld
Interconnect Manager, Elisa Eesti AS
Phone: +372 680 00 01
Email: [email protected]

About Basset AB
Bassets main ambition is to help operators to get more from their business by offering smart services and solutions for inter-operator billing and revenue assurance. Basset has been a global provider of OSS/BSS solutions worldwide since the start in 1996 and has grown into a very strong company that delivers world class solutions and services. Basset is a part of the Kinnevik industrial group, which was founded in 1936, and is one of the largest listed investment companies in Europe.
Basset serves more than 70 customers in more than 65 countries. Among Basset's customers are Zain, Telefonica, Millicom, Bharti, Globe Telecom, Etisalat, Tele2, Cable & Wireless, Vodafone and Orange. Working with so many operators around the world has given Basset experience that makes them the ideal partner when you want to grow your businesses. Please visit: www.bassetglobal.com for more information.

About Elisa Eesti AS
Elisa Eesti AS, a part of the Elisa Corporation that is a leading Nordic communications services provider and publicly listed in the Large Cap segment of NASDAQ OMX Helsinki. Elisa has operations in the Nordic countries, the Baltics and Russia. Elisa serves some 2 million consumers regionally and around 150,000 enterprises and entrepreneurs internationally, offering a wide range of subscriptions with services. They provide experiences for people and enhance productivity for organizations online.

Elisa focuses on developing consumer and corporate ICT and online services. Elisa's revenues for 2009 were EUR 1.43 billion and we employ approximately 3,200 people. Elisa's global alliance partners are Vodafone and Telenor. For more information, visit www.elisa.com