Tango Telecom partners with Comptel
Dateline: 14 March 2002
Comptel PASSAGe and Tango Telecom Ltd., an Irish company providing telecommunication network solutions for operators, announced a partnership on March 3rd 2002 to provide value added services solutions to both mobile and fixed-line operators.According to the Comptel PASSAGe’s strategy, Comptel has acquired 20 per cent of Tango Telecom Ltd. The acquisition will be funded through Comptel’s cash-flow. The total investment will be used for the business development of Tango Telecom Ltd.
“We are delighted to have Comptel on-board as a strategic investor,“ stated Colm Ward, CEO of Tango Telecom. “We believe our product portfolios show tremendous synergies and our combined products offer a unique value proposition for mobile operators. We look forward to working together to achieve a significant share of the enormous market for M commerce and for 2.5 and 3G value added services."
“The combination of Comptel's world leading mediation, provisioning and rating product portfolio and Tango Telecom's next generation service platform, the SX-5, will allow operators to offer turn-key value-added services to their customers. These services include cost-effective and fully integrated Number Portability, Freephone and Prepaid services (including SMS and GPRS) as well as SMS over IP services for mobile and fixed-line networks,“ said Arvo Mustonen, CEO of Comptel PASSAGe.
Founded in 1999, Tango Telecom focuses on providing value added services for converging network operators. The Tango team has over a century of telecommunications industry experience relevant to the enhanced services needs of network operators worldwide.
Current offerings include prepaid for 2G, 2.5G, 3G GSM mobile networks, number portability, mobile number portability, CLI screening, freephone, personal number, and INgate™ services gateway. Applications run on the carrier class, modular and highly scalable SX-5 next generation service platform. Tango Telecom is headquartered in Limerick, Ireland. For further information visit http://www.tango-tele.com.
Comptel PASSAGe Ltd., a fully-owned subsidiary of Comptel Corporation, markets and sells complete business solutions that combine Comptel's products with third-party applications. Comptel PASSAGe solutions are targeted at mobile operators and Internet service providers worldwide.