Press Release:
Frost & Sullivan Names Telcordia 2006 European Company of the Year
Analyst award acknowledges Telcordia as European market leader for innovation, delivery
PISCATAWAY, NJ - September 18, 2006 - Telcordia has been named Frost & Sullivan's 2006 European Company of the Year, having demonstrated an outstanding ability to innovate, deliver, and influence the growth of the European market and for being the most aggressive vendor for IP Multi-media Subsystem (IMS) and Fixed Mobile Convergence (FMC) solutions in the European telecommunication market.
As winner of the Award, Frost & Sullivan places Telcordia as ideally positioned to consolidate on its early lead in IMS solutions in Europe, gained by its innovative portfolio of Service Delivery Solutions that include IMS-ready products, applications, and services that empower operators to cost effectively create, activate, and assure the quality of next-generation converged and multimedia services. Operators looking to create, deploy and charge for real-time, interactive multimedia services trust the Telcordia portfolio to reduce the complexity, cost and time-to-revenue for them.
"Not only does Frost & Sullivan consider Telcordia the most aggressive vendor for IMS and FMC solutions in the market but more importantly, we assess that Telcordia has the comprehensive business development, competitive strategy, management and overall positive effect on telecom markets across Europe to continue leading," David Frigstad, Chairman of Frost & Sullivan. "Telcordia is now ready to expand its European success globally and gain long-term relationships with its IMS and FMC customers."
Telcordia's Service Delivery solutions are a powerful portfolio of IMS-ready wireless, wireline and converged products, services and applications that enable carriers to offer any service, over any network, via any device. With the portfolio, wireless, wireline, cable, and converged operators can realize the broad advantages of complete convergence and benefit from added revenue potential, greater network and operational efficiencies, reduced churn, and increased customer satisfaction and retention.
"To be acknowledged as the number one in Europe for IMS and FMC solutions underlines Telcordia's ability to anticipate the concerns of operators, innovate solutions that take them into new multimedia service markets, and then execute on those solutions rapidly and crisply," said Dan Carroll, CEO, Telcordia. "Telcordia has made significant gains in the European market and Frost & Sullivan's acknowledgement confirms that Telcordia is best positioned to guide operators' strategy forward and drive their growth and profitability."
More information about the Telcordia Portfolio can be found at http://www.telcordia.com/maestro/index.html. General information about Telcordia can be found at www.telcordia.com.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.
Contact:
Sharon Oddy
Telcordia Technologies, Inc.
(732) 699-4203
oddys@telcordia.com
Simon Marshall
Liberty Communications
+44-20-7751-4444
simon@libertycomms.com