Telesens revenue up by 21% in the first half year

Online, July 28, 2010 (Newswire.com) - London, 28.07.2010
Telesens, an independent software vendor of products and services to the Telecommunications market that is headquartered in London with a development centre in the Ukraine, today announced that it has increased its turnover by 21% compared with the same period last year. During the first half of 2010, the company completed 28 contracts for additional functionality to its own product line, the Telesens Interconnect Business Suite (TIBS), and for development, integration, support and maintenance services.
Commenting on the results Eduard Rubin, the CEO of Telesens International, noted that the key reasons for the company's success in international markets has been a customer-centric strategy based on the highest level of technical support and agile product customization delivered to a minimum timescale and to a guaranteed level of quality.
"We help our customers to meet their business and market challenges, to reduce their costs as they introduce newer and more creative services to their own customers", E. Rubin declared.
During this period, Telesens consolidated its position in the CIS region, particularly in Kazakhstan and Belarus, where two telecommunication service providers, Transtelecom (Kazakhstan) and life:) (Belarus) implemented the Telesens Interconnect Management System (Tinterconnect).
The global market trend of falling voice revenue and an increase in data transfer, content services, traffic trade, etc. was answered by Telesens with the development and promotion of its Content Partnership Management system (T-CPM), which provides a comprehensive and complete life cycle solution for content settlement management and operation. In particular, during the reporting period, Telesens solutions for content settlement were implemented for the following major telecom operators: UCELL (Uzbekistan) and Kyivstar (Ukraine).
In the custom solutions market, in the first half of 2010, Telesens continued working as an integration partner for Nokia Siemens Networks and completed several projects integrating CDR processing platforms and provisioning in Uzbekistan, Turkey, Kazakhstan and other countries.
It is noteworthy that, in addition to new projects, the number of recurring orders also grew confirming that customers are satisfied with the quality of work Telesens delivers as a systems integrator.
In addition, the volume of technical support work, both for Telesens products and for solutions supplied by other companies, has significantly increased this year. New technical support agreements were signed with NSN, acoreus AG (Germany) and MTC-Ukraine.
The partnership with AVOlogic (USA) and the development of the ING New York Сity Marathon portal goes on. This year, for the first time, a system developed by Telesens will allow ING New York City Marathon participants to complete their applications using mobile devices.
Martin Browne, President of Telesens International, has enhanced the company's sales and marketing activity. Telesens has taken part in a number of international business forums in the billing and telecommunications space. He also announced that Hugh Christey, who has broad experience of the telecommunications industry, joined the Telesens team in London from April. "Hugh's arrival will help us to expand into Europe and other markets in line with the company's development strategy", said M. Browne.

Reference information:
Telesens has been providing software products and IT services primarily to the Telecommunications market for over 10 years. The company was founded in 1998 and is headquartered in London with a development centre in Ukraine.
Our aim is to support our customers in achieving their goals, whatever the challenges may be.
Telesens Product Line (Telesens PL) is a Strategic Business Unit of the company acting as an Independent Software Vendor to a wide range of Telecom Operators in the field of Interconnect Settlement, Wholesale Billing, Content Settlement, and Traffic Trade Management.
Telesens Custom Solutions (Telesens CS) is a Strategic Business Unit focused on professional IT services and projects development for a wide range of customers across the globe including, but not limited to Telecom Operators, Systems Integrators (SIs), Independent Software Vendors (ISVs), and Network Equipment Providers (NEPs).
The Telesens customer list is extensive and includes: T-Systems (Germany), Nokia Siemens Networks (Finland), EADS Multicoms (France), Kyivstar (Ukraine), Atos Origin AG (Switzerland), Kazakhtelecom (Kazakhstan), Ukrtelecom (Ukraine), MTS-Ukraine, SMARTS (Russia), UСell (Uzbekistan), life:) (Belarus), AVOlogic (USA), etc. For detailed information, please visit www.telesens.co.uk.