article page | 1 | 2 |

prices from falling. Anyone who bought stock between Oct. 26 2006 and Feb. 27 2008 is covered under the lawsuit, which seeks as-of-yet undetermined damages.

Tribold has signed a strategic partnership with Polish consulting and solution implementation firm Infovide-Matrix in order to bring Tribold’s Enterprise Product Management solution to market. Commenting on the partnership, Simon Muderack, Tribold’s COO, said: “Poland is a strategically important market for Tribold, and to maximize the opportunity we knew that we had to partner with the clear leader in consultancy services to the telecommunications industry. By any measure, that leader is Infovide-Matrix and we are certain that we have established what will be a long and profitable relationship for both companies.”

Subex and TTK (one of Russia’s top three fixed network providers) will be jointly providing managed services covering Fraud Management and Revenue Assurance to growing operators in Russia, due to a recently signed reseller agreement. “The Russian telecom market has seen extra-ordinary growth over the last couple of years. It has been our endeavor to entrench ourselves deeper in the local markets and provide operators, ISPs and large corporations with world-class managed services. This partnership with a global leader like Subex will help us further meet all the requirements of today’s operators, also in hard days of current world economic crises,” said Alexander Zolotnikov, Head of the Information Security Department, TTK.

MTN Group, a telecommunications group operatin in 21 countries in Africa, Asia, and the Middle East, has chosen Fundamo, a specialized mobile banking and payment software solutions provider, to provide their Mobile Wallet solution to power the “MTN MobileMoney” service for MTN customers. The deal is worth $9.7 million USD and will provide basic financial services to subscribers in Sub-Saharan Africa and Middle-East. “We selected Fundamo for two key reasons: because they could support the concurrent multi-country roll-out and aggressive time to market that we required for our project and because their solution is mature, scalable and well tested in developing markets, as well as being designed from the ground up to be fully compliant with all banking regulations. With Fundamo’s future proof solution we can take full advantage of the mobile payment market,” says Dare Okoudjou, Head of Mobilemoney International Development for MTN Group.

Oracle announced that Etihad Atheeb Telecom “GO,” the newest telecoms operator in Saudi Arabia has deployed Oracle’s billing and OSS software to support its WiMax broadand services. “Considering that IP services are highly complex and expensive to launch, manage and configure, GO implemented Oracle because of its strengths in providing an end-to-end approach that simplifies and enhances our IT environment,” said Craig Humphreys, vice president, information technology at GO.

Telcordia has announced the availability of the newest version of Telcordia® IP Assure, a software solution that offers total IP network awareness. The new version is designed for large-scale networks and includes a web-based hosted service model for management of a global, diverse network infrastructure; a scalable distributed architecture than handles increased network loads; and a hierarchical tenant/user model, among other features.

Sony Ericsson has named Ron Louks, the company’s deputy CTO and current head of technology of the Americas division, as the new CTO, replacing Mats Lindoff. The leadership exchange will begin on April 1st.

Telecom news source RCR Wireless is officially closed for business as of March, 2009 after 25 years. The now defunct publication’s website stated briefly that the economy is to blame for the closing, with Crain Communications Chairman Keith E. Crain saying that “… it pains us to make this move but the economy gives us no other choice.”