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Tecnotree supplies convergent customer care and billing system for NetOne Cellular in Zimbabwe

Tecnotree Corporation
Stock Exchange Release
July 2, 2012 at 8.30 am (EEST)

Espoo, Finland – Telecoms IT solutions provider Tecnotree today announced that it has been chosen by NetOne Cellular, a leading GSM operator in Zimbabwe, to supply a convergent customer care and billing system for both its prepaid and post-paid operations. The first phase of the contract is valued at USD 3.2 million and deliveries are expected to be completed by the end of this year.

The Tecnotree solution is a comprehensive BSS (Business Support System) suite incorporating customer management, service provisioning, mediation and billing, and a system for interconnect billing and partner management. The overall technology is built around Tecnotree Agility^TM Convergent Billing and Tecnotree Agility^TM Wholesale Billing products. To ensure a smooth and successful implementation the solution is delivered as a turnkey project including hardware, software licenses and professional services.

“NetOne is pleased to have partnered with Tecnotree in this important service area, as the company gears itself to providing content and data services to its customers across the country, ranging from the urban areas, tourist resorts and the remote rural areas. We have no doubt that given NetOne’s widest network coverage across the country, this partnership with Tecnotree will give NetOne another source of competitive advantage,” says Reward Kangai, NetOne Managing Director.

Kerry Koutsikos, Vice President Middle East and Africa, Tecnotree says, “Bringing aboard a new customer and starting a new relationship is always a moment of pride for us. The higher gratification, however, is in knowing that we are empowering an industry which touches the lives of millions of people every day. We are extremely happy to be partnering with NetOne’s vision of reaching out to every Zimbabwean and enriching their lives. We look forward to a long lasting partnership with NetOne in the years to come.”

TECNOTREE CORPORATION

Kaj Hagros
President and CEO

Further information
Kaj Hagros, President and CEO, tel. +358 40 849 1749

Georgina Heaume/Helen Gough at Liberty Communications
tel. +44 (0) 207 751 4444, tecnotree@libertycomms.com

About Tecnotree
Tecnotree is a global provider of a broad range of telecom IT solutions focused on charging, billing, customer care, messaging and content services. Tecnotree empowers communication service providers to create and monetize a broad marketplace of digital services, and augment value across the customer lifecycle. Acknowledged for agility and commitment, Tecnotree has more than 900 employees serving over 100 operators globally. Tecnotree is listed on the main list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V. For more information on Tecnotree visit www.tecnotree.com

About NetOne Cellular
Founded in 1996, NetOne Cellular is an indisputable champion of network coverage in Zimbabwe. NetOne has demonstrated unparalleled zeal and commitment to making telecommunication services accessible to Zimbabweans in all parts of the country. For more information on NetOne, please visit www.netone.co.zw