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Technology Stocks : AsiaInfo Holdings Inc - (ASIA)

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From: JakeStraw6/23/2009 2:42:17 PM
   of 115
 
AsiaInfo Wins Tender to Build New Billing System for Beijing Mobile
finance.yahoo.com
Tuesday June 23, 2009, 8:00 am EDT

BEIJING and SANTA CLARA, Calif., June 23 /PRNewswire-Asia-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of telecom software solutions and IT security products and services in China, today announced that it has won a tender to build a new billing system for Beijing Mobile to support its pre-paid business. Beijing Mobile is a subsidiary of China Mobile, China's largest telecommunications company.

"Increasing competition in China telecommunications industry brings with it an imperative for carriers to modernize their billing and operational support systems to accommodate a multitude of services across fixed-line, broadband and mobile businesses and to improve the customer experience," said Steve Zhang, AsiaInfo's president and chief executive officer. "Our world-class products make this possible and enable real-time data collection, fee calculation and payment in a stable and user-friendly environment while supporting all features of the existing system."

Designed to accommodate real-time billing functions, the system will support Beijing Mobile's pre-paid business, including voice, data, content and other businesses. The system will be built to comply with China Mobile's Next Generation Business Operation Support System 1.0 ("NG-BOSS 1.0") standard.

Prior to this agreement, AsiaInfo partnered with Beijing Mobile to develop their Customer Relationship Management ("CRM") and Business Intelligence ("BI") systems.
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