TEOCO Signs Definitive Agreement to Acquire AIRCOM International

ME Newswire / Businesswire


FAIRFAX, Va. & LEATHERHEAD, England - Wednesday, November 20th 2013

Deal will complete at the end of November;

Combined Entity Becomes Leading Independent Provider of

Analytics and Network Planning, Assurance and Optimization Solutions.

TEOCO, the leading provider of Assurance, Analytics and Optimization

solutions to Communications Service Providers (CSPs) worldwide, today

announced that it has signed a definitive agreement to acquire AIRCOM

International, a leading network design and optimization software and

solutions provider. The combined company will serve a global customer

base of over 300 communication service provider customers across more

than 100 countries from its office locations in over 15 countries.

Established in 1995, AIRCOM is the market leader in mobile network

planning, optimization and mobile performance management. AIRCOM’s

solutions and expertise has translated into direct and measurable

improvements for more than half of the world’s mobile operators and

over 2 billion subscribers globally.

“The addition of AIRCOM is a turning point for TEOCO," said Atul Jain,

Founder and CEO of TEOCO Corporation. “Undoubtedly, the most valuable

asset in the communications industry is wireless spectrum. AIRCOM’s

market and technology leadership elevates and solidifies TEOCO’s

position as a trusted solutions partner to manage the end-to-end

process of planning, deploying and operating this precious and finite

resource. AIRCOM adds important new customers, and expert staff with

unmatched understanding of technology platforms and regional

differences.”

The deal represents a strategic opportunity for TEOCO to sell, deliver,

and support customers in each region of the world. Additionally,

AIRCOM’s RAN expertise provides insight into a valuable data source for

TEOCO’s analytics solutions to understand and predict any subscriber’s

behavior, location and service experience. TEOCO strengthens its market

position, deepens its expertise to support the next generation needs of

operators worldwide, and ensures scale to become a truly global player.

“The combined company provides deeper and broader expertise to support

the emerging needs of operators of all sizes,” said Alwyn Welch, CEO of

AIRCOM International. “Our customers will benefit from a market-leading

solution portfolio delivered by a preeminent independent supplier with

a significantly larger team of world-class experts. Together we will

provide a portfolio to address current and emerging challenges such as

SON, small cells, geolocation, and the monetization of subscriber

data.”

The transaction is expected to close at the end of November.

About TEOCO

TEOCO is the leading provider of Assurance, Analytics and Optimization

solutions to Communication Service Providers worldwide. TEOCO’s product

portfolio includes Customer Analytics, Margin Assurance, Service

Assurance and Network Optimization solutions.

Since 1995, TEOCO has helped over 140 of the largest CSPs around the

world to manage and evolve their businesses efficiently and profitably,

while enhancing the customer experience. TEOCO is widely recognized for

its commitment to principled entrepreneurship, business ethics and

employee ownership with a particular emphasis on its core values of

alignment with employees, clients and community.

For more information, visit www.teoco.com.

About AIRCOM

AIRCOM is the leading independent provider of network planning,

optimization and management software for mobile networks. AIRCOM’s

products, all of which are LTE capable, enable operators to regain

visibility and control of their network, which in turn drives

efficiency and profitability.

The market leader in the provision and deployment of network

engineering solutions, AIRCOM products are used in over 100 countries

by over half the world’s mobile operators. Every day, the 20 top global

operators depend on AIRCOM’s solutions to improve network coverage and

quality for more than 2 billion subscribers worldwide. Established in

1995, AIRCOM has built its reputation on creating and releasing

additional value from within mobile networks.

For more information, visit www.aircominternational.com

Contacts

TEOCO Media:

Barbara Henris, +1 (703) 470 9446

Quexor Group

bhenris@quexor.com



AIRCOM Media:

Charlotte Abbott/Paul Nolan, +44 (0) 207 5357 208 / +44 (0) 118 920

7650

CCgroup

aircom@ccgrouppr.com







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