I've averaged down to 3.08. I still think this is well worth the hold although we're still 2-3 Qs from recovery most likely.
SOURCE: Portal Software, Inc.
Airtel-Vodafone Selects Portal Software's Infranet for GPRS and Value-Added Services
Tier-1 Spanish Mobile Operator With 7.3 Million Subscribers Implements Infranet
CUPERTINO, Calif.--(BUSINESS WIRE)--Aug. 21, 2001--Portal Software, Inc. (Nasdaq:PRSF - news) today announced that Infranet®, Portal's real-time, convergent software platform, has been selected by Airtel-Vodafone, a leading provider of wireless communications in Spain. The Infranet platform will enable Airtel-Vodafone to rate GPRS and value-added wireless services.
Faced with the challenge of offering next-generation services and supporting rapidly changing business models, Airtel-Vodafone recognized the tremendous flexibility of Infranet. Airtel-Vodafone selected the scalable, off-the-shelf Infranet platform because of its capability of supporting transactional real-time GPRS as well as next generation services. ``Portal is delighted to be working with Airtel-Vodafone, further extending the company's involvement with the Vodafone Group,'' commented Ian Perry, vice president, Portal Software EMEA.
About Airtel
Airtel-Vodafone is the second mobile wireless operator in Spain, belonging to Vodafone Group, world leader in mobile wireless with more than 83 million customers in 30 countries.
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