Comptel

The Finnish company Comptel was founded in 1986, its main profile is production of software tools for creation of dynamic support systems of transactions (dynamic Operations Support System software — OSS). It is software which is used by telecom operators for customer interaction.

Using it it is possible to keep individual accounts, to monitor consumption of services, to regulate tariffing and to make out bills to subscribers. It is considered that OSS provides more high-class services, than traditional billing.

History

2017: Nokia buys Comptel for 347 million euros

On February 9, 2017 the Finnish producer of telecommunication equipment Nokia announced acquisition of Comptel for 347 million euros for the purpose of strengthening of software business.

On terms of agreement, shareholders of Comptel will receive 3.04 euros for each security belonging to them that is nearly 30% more than a quotation rate of the company to closing of the exchange in Helsinki on February 8, 2017. After the statement for the transaction of the stock Comptel rose in price for 31%, and stocks of Nokia increased in price of 1.5%.

Nokia headquarters in Finland

Today operators try to pass from work with the traditional communication companies to suppliers of digital services — the head of division of Applications & Analytics Nokia Bhaskar Gorti comments on the transaction. — Nokia and Comptel are firmly convinced that through joint efforts they will help the clients with their conversions.

Purchase of Comptel will add the new solutions helping operators to collect and analyze data in the telecommunication networks to a portfolio of software products of Nokia. The transaction became for Nokia a part of the plan for formation of independent software business announced in 2015 which focused on corporate solutions and platforms for Internet of Things. Like competitors of Nokia aims to make this business profitable, Bloomberg tells.

The analyst of UBS Gareth Jenkins called purchase of Comptel "interesting" and noted that Nokia already purchased perspective assets in the past. Expansion of business in new spheres has fundamental value for the company, the specialist considers.

According to analysts of the Finnish company FIM probably someone will want to kill the offer of Nokia as it assumes the small allowance for Comptel acquisition. Shareholders can not approve the transaction with Nokia on present conditions, experts consider.

At the same time Board of Directors and shareholders to whose share 48% of securities of Comptel fall already accepted the offer of Nokia.

2011

Comptel sold to Cisco a part of the business — the division of Axiom Systems which is engaged in support system of operating activities for the IT companies. Transaction amount was $31 million.

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