AsiaInfo-Linkage Advances Nepal Telecom Software Upgrade
BEIJING and SANTA CLARA, Calif., Jan. 29, 2013
BEIJING and SANTA CLARA, Calif., Jan. 29, 2013 /PRNewswire-FirstCall/ --
AsiaInfo-Linkage (NASDAQ: ASIA) ("AsiaInfo-Linkage" or the "Company"), a
leading provider of telecommunications software solutions and related
services, today announced the successful implementation of its industry
leading Veris Billing system for the CDMA network of Nepal Doorsanchar Company
Limited ("Nepal Telecom"), the largest telecommunications operator in Nepal.
This first phase of a comprehensive software upgrade for Nepal Telecom was
completed within only 4 months from the project kick-off, providing fully
convergent billing and real-time online charging for pre-paid and postpaid
subscribers on the CDMA network.
"We are delighted at the swift delivery of Real Time Billing for our CDMA
network in this project, and are looking forward to leveraging the advanced
capabilities of the Veris Billing system. We are also confident that the
extension of the billing solution for other networks will be as smooth as the
first one," said Nepal Telecom's Managing Director Mr. Amar Nath Singh.
"This is the first major milestone in our project with Nepal Telecom. We look
forward to continued progress as we provide our customer with greatly enhanced
service capabilities," said AsiaInfo-Linkage Chief Executive Officer Steve
Zhang. "Our work with Nepal Telecom is representative of the opportunities we
are targeting as we expand our international operations."
AsiaInfo-Linkage is contracted to provide convergent real time billing and
customer relationship management software solutions to Nepal Telecom across
its full service portfolio, including GSM mobile, CDMA Mobile, PSTN fixed
line, ADSL Internet, EVDO and Wimax. The Veris product suite is already proven
at other large clients in Asia, and is now set to benefit Nepal Telecom's
seven million subscribers. The next phase of the project will focus on Veris
CRM implementation, providing Nepal Telecom with an end-to-end system that
streamlines and simplifies key support functions. Ultimately the Veris™
deployment is designed to meet Nepal Telecom's target of servicing 17 million
customers with 21 million subscriptions.
About AsiaInfo-Linkage, Inc. and the Veris™ product suite
AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) is a leading provider of high-quality
software solutions and IT services to the telecommunications industry.
Headquartered in Beijing, we employ more than 11,000 professionals worldwide,
providing a full suite of business and operational support solutions (BSS/OSS)
and associated professional services. Our core Veris™ product suite includes
billing and customer care systems that serve nearly a billion subscribers
globally, plus business intelligence, network management and security
Our customers work with us to converge large scale pre- and post-paid mobile
operations; improve time to market for new products and services; and develop
cost-effective new business models. In China, we have more than 50% market
share in billing, CRM and business intelligence through our longstanding
partnerships with China Mobile, China Unicom and China Telecom.Our aim is to
be the leading IT solutions provider to the global telecommunications
industry, enabling the Connected Digital Lifestyle, and helping our customers
build, maintain, operate and constantly improve their network infrastructure
and IT environment.
For more information about AsiaInfo-Linkage, please visit
Cautionary Note Regarding Forward-Looking Statements
The information contained in this document is as of January 29, 2013.
AsiaInfo-Linkage assumes no obligation to update any forward-looking
statements contained in this document as a result of new information or future
events or developments.
This document contains forward-looking information about AsiaInfo-Linkage's
operating results and business prospects that involve substantial risks and
uncertainties. You can identify these statements by the fact that they use
words such as "anticipate," "estimate," "expect," "project," "intend," "plan,"
"believe," "will" and other words and terms of similar meaning in connection
with any discussion of future operating or financial performance. Among the
factors that could cause actual results to differ materially are the
following: government telecommunications infrastructure and budgetary policy
in China; our ability to maintain our concentrated customer base; the long and
variable billing cycles for our products and services that can cause our
revenues and operating results to vary significantly from period to period;
our ability to meet our working capital requirements; our ability to retain
our executive officers; our ability to attract and retain skilled personnel;
potential liabilities we are exposed to because we extend warranties to our
customers; risks associated with cost overruns and delays; our ability to
develop or acquire new products or enhancements to our software products that
are marketable on a timely and cost-effective basis; our ability to adequately
protect our proprietary rights; the competitive nature of the markets we
operate in; political and economic policies of the Chinese government; and the
outcome of the Special Committee's evaluation of strategic alternatives,
including the privatization proposal announced on January 20, 2012. A further
list and description of these risks, uncertainties, and other matters can be
found in our Annual Report on Form 10-K for the fiscal year ended December31,
2011, and in our reports on Forms 10-Q and 8-K filed with the United States
Securities and Exchange Commission and available at www.sec.gov.
For more information about AsiaInfo-Linkage, please visit
For investor and media inquiries, please contact:
Mr. Jimmy Xia
Mr. Justin Knapp
Ogilvy Financial, Beijing
In the United States:
Ms. Jessica Barist Cohen
Ogilvy Financial, New York
Kevin Taylor / Nicky Denovan
Standing Tall PR
Email: firstname.lastname@example.org /
Mobile: +44 (0)7850-858291 / +44 (0)7747-017654
SOURCE AsiaInfo-Linkage, Inc.
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