Dublin, Ireland and Reston, VA May 03, 2004; Openet Telecom, a world leader in convergent mediation, real-time charging and adjunct rating, today announced that Cingular Wireless has selected Openet's FusionWorks Mediation to support delivery of their multimedia messaging services (MMS) and short messaging services (SMS). This includes instant messaging, corporate email access, text messaging, game and ringtone downloads, photo sharing and wireless internet access. Openet's FusionWorks Mediation also plans to support the roll-out of future data services.
The Yankee Group, a leading communications research firm, expects overall data revenues, which include SMS and MMS, to reach $12.94 Billion by 2007, with U.S. subscriber rates reaching 69.2 Million.
Rainger, CEO Openet, adds “We are delighted to add Cingular Wireless to our customer list and look forward to growing with them as they extend their data service offerings. This contract consolidates our leadership in this dynamic market.
About Openet
Openet is a leading worldwide provider of event processing and transaction management solutions. The Transactional Intelligence of the company's solutions extracts increased value from diverse service provider networks, enabling rapid introduction of new services and reliable, cost-effective management of existing services. Openet is focused on delivering best-in-class network edge solutions and specialized engagement processes that create business value from network activity. A global company, Openet's implementations include long-running engagements with the world's leading service providers such as British Telecom, Orange, AT&T and Verizon Wireless. For more information, visit
www.openet.com.