Comptel

Comptel Corporation
Public (NASDAQ OMX Helsinki: CTL1V)
Industry Telecommunications Software
Headquarters Helsinki, Finland
Area served
 Worldwide
Number of employees
 750+
Website www.comptel.com

Comptel Corporation was an international software company specialising in telecommunications. Nokia acquired Comptel in 2017 to merge it as a part of its Nokia Software business unit.

History

Comptel was founded in Helsinki, Finland in 1986; the trade register entry was made on June 30th. Initially the company was a system development and IT subsidiary of Helsinki Telephone Association. Comptel was listed on NASDAQ OMX Helsinki in 1999 under the code CTL1V.

In 2005, Comptel acquired EDB Telecom, a telecom subsidiary of a Norwegian IT company EDB Business Partner[1], and in 2008, Axiom Systems, a UK-based software product company that focused on the broadband fulfilment market[2].

Before the acquisition by Nokia, Comptel operated globally in the developing Operations Support Systems (OSS) market for telecommunications and had offices in 20 locations. Comptel employed about 750 people.[3] Major hubs were in Helsinki, Kuala Lumpur in Malaysia and Reading, UK. Comptel’s OSS product portfolio consisted of mediation, charging, policy control, fulfilment and provisioning and activation.[4][5][6][7][8][9]

On February 9th, 2017, Nokia announced that it would acquire Comptel.[10] The acquisition was completed on June 29th, 2017.[11]

References

  1. ↑ "Comptel to acquire EDB Telecom Europe ops". UPI. Retrieved 2018-07-23.
  2. ↑ Comptel. "Comptel acquires UK-based Axiom Systems". GlobeNewswire News Room. Retrieved 2018-07-23.
  3. ↑ Comptel - Company Report 6/2016
  4. ↑ About Comptel Corporation - Comptel
  5. ↑ Cisco To Buy Comptel’s Axioss Software Assets For $31 Million In Cash | TechCrunch
  6. ↑ NBN Picks Comptel for IP Service Fulfillment
  7. ↑ Romtelecom continues beneficial transformation program with Comptel Archived 2011-11-25 at the Wayback Machine.
  8. ↑ Movistar Argentina Upgrades Comptel Convergent Mediation for Enhanced Performance and Greater Scalability
  9. ↑ Comptel Control and Charge Honoured as a Finalist in the 2011 World Vendor Awards
  10. ↑ http://www.crn.com/news/networking/300083708/nokia-dives-deeper-into-software-with-plans-to-acquire-comptel-for-370-million.htm
  11. ↑ https://www.nokia.com/en_int/news/releases/2017/06/29/nokia-completes-acquisition-of-comptel
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