SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Convergent Billing - LHSG, SAVLY, BILL, CSN, ITDS

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul S. who wrote (51)12/9/1998 9:15:00 PM
From: TokyoMex   of 62
 
Wednesday December 9, 4:15 pm Eastern Time
Company Press Release
France Telecom and LHS Group Announce Global Partnership
ATLANTA/FRANKFURT--(BUSINESS WIRE)--Dec. 9, 1998--LHS Group Inc. (NASDAQ: LHSG - news) Neuer Markt: LHI) and France Telecom (NYSE: FTE - news) today announced a global framework agreement under which France Telecom has selected LHS' flagship client/server-based comprehensive customer care and billing system, Business Support and Control System (BSCS), as a preferred system for France Telecom's international telecommunications operations and joint ventures.

Through the agreement, France Telecom ensures that its wireless and wireline ventures worldwide will benefit from its close relationship with LHS.

France Telecom is one of the largest telecommunications carriers in the world, with operations in more than 50 countries. Multiple France Telecom operations and joint ventures currently utilize BSCS, including Wind Telecommunicazioni s.p.a., the Italian telecommunications consortium, and France Caraibe Mobiles, providing digital and analog cellular service in French Departments in the Caribbean.

''The partnership with France Telecom is of vital strategic importance for LHS in that it allows us to participate in their global expansion,'' said Per Axelsson, LHS Senior Vice President, Global Partner Sales. ''We are very proud to have France Telecom as a partner and we will do our very best to assist them by delivering 'best in-class' billing solutions and support in the future.''

''We wish through this global framework agreement to perpetuate our subsidiaries' choices which have been in effect for a few years, and also to contribute within this partnership to the continuous enhancement of LHS' applications in order to better answer our clients' needs in a highly moving and competitive market,'' said Bertrand du BOUCHER, Information Systems Director, France Telecom Mobile International.

France Telecom is one of the world's leading telecommunications carriers, with 1997 consolidated operating revenues of FF156.7 billion and 33.7 million telephone lines in service and operations in more than 50 countries. In addition to local and long-distance telephony, France Telecom provides businesses and consumers with data, wireless, online, Internet, cable TV, broadcast and value-added services. France Telecom is the leader in Internet in France with a 510 percent growth in the first half year 1998 compared to the first half 1997. More than 15 million users connect over 100 million hours per year to online services accessible via the Minitel or a PC (Internet not included). For more information visit France Telecom's web site at www.francetelecom.fr.

LHS is a leading global provider of convergent client/server modular customer care and billing software and services for the telecommunications industry. Its over 135 systems are installed in more than 60 countries, operating in 13 languages. In addition to its Atlanta headquarters, LHS has major offices in Frankfurt, Germany; Kuala Lumpur, Malaysia; Boston and Miami, USA; and Zurich, Switzerland. LHS is listed with NASDAQ (LHSG) and on the Frankfurt Neuer Markt Exchange (LHI). For more information visit LHS' web site at www.lhsgroup.com.

--------------------------------------------------------------------------------
Contact:

LHS Group, Inc.
Klaus Kleber, 770/280-3461 (USA)
kkleber@us.lhsgroup.com
or
Andrea Pollak, +49 (0) 6103 482 777 (Europe)
apollak@de.lhsgroup.com

--------------------------------------------------------------------------------
More Quotes
and News: France Telecom (NYSE:FTE - news)
LHS Group Inc (Nasdaq:LHSG - news)
Related News Categories: computers, internet, software, telecom

--------------------------------------------------------------------------------
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext