Saturday 30th of August 2008 05:06:21 AM
“Intec Billing signed 42 customer contracts in the first half, including several multi-million pound deals,” added Chief Executive Kevin Adams. “The depreciation of the dollar continues to impact us in North America, but we have still seen strong contributions from all regions, with particularly impressive growth in Asia-Pacific and Latin America. Our ability to secure major contracts is growing steadily and I am pleased to note that we have won a number of high value, multi-product deals from our enlarged OSS portfolio.”

“Intec Billing continues to set the pace in the OSS industry worldwide, with a very strong set of half year results and some notable customer wins,” said Intec’s Executive Chairman, Mike Frayne. “While investment by our carrier customers remains cautious, there is little doubt that a recovery is underway in the telecom sector. Improved operating results and an increase in corporate activity are clear signals of a return to more optimism among carriers and suppliers. New license sales, professional services and recurring revenue have all demonstrated healthy growth, and with ongoing cost control we have been able to convert this into substantially increased earnings. We believe there are strong opportunities for further success for our expanding product portfolio, as well as interesting consolidation and expansion possibilities through acquisitions. Intec is winning greater market share and raising its profile worldwide, and I believe that Intec can deliver another strong performance for the full year.”
 

Chocolate Chip Cookies
Anti-Static Bags and Static Electricity
Telecom News
Kate Middleton
C Band Programming
Cleaning Products Cleaners and Vacuums

Dynamic Charging - The Intec Dynamic Charging Platform (DCP) is a solution for wireless carriers that enables real-time, value based charging of advanced data network services such as IP data, content, mobile commerce and location-based services.

Telecom News - we feature stories about what's really going on in the telecommunications world, typically behind-the-scenes info.


Latest Telecom News

Moreover Technologies - Telecom news
Telecom news - more than 340 categories of real-time RSS news feeds

XELODA Official Site - Sponsored Link
Ad - www.xeloda.com Aug 30 2008 5:30AM GMT
Phone companies prepare backup plans for Gustav
Yahoo! News Aug 30 2008 5:30AM GMT
Oman's TRA Shorlists 6 Fixed Line Telecom Operators
Zawya.com Aug 30 2008 5:19AM GMT
Phone companies prepare backup plans for Gustav
The Conservative Voice Aug 30 2008 5:18AM GMT
Openmoko opens up schematics for Neo Phones
I Appliance Web Aug 30 2008 5:14AM GMT
MASN's Turn: RSN Claims Comcast Omitted Sub Info
CableFax Daily Aug 30 2008 5:07AM GMT
Comcast outlines plan for data caps
Computing.co.uk Aug 30 2008 5:02AM GMT
Verizon Communications offers high-speed Internet to 40 communities in Florida
M2 Aug 30 2008 4:58AM GMT
AT&T announces USD15m investment in Maine wireless network in 2008
M2 Aug 30 2008 4:58AM GMT
Verizon activates new cell site in Southwick, Massachusetts
M2 Aug 30 2008 4:58AM GMT
Callidus Software Inc announces continued momentum in telecom industry
M2 Aug 30 2008 4:57AM GMT
Comcast Sets Data Cap at 250 GB
DailyTech Aug 30 2008 4:56AM GMT
Phone companies hope hurricance-hardened networks hold up if Gustav hits
Los Angeles Times Aug 30 2008 4:45AM GMT
Comcast's bandwidth cap impending
Neoseeker Aug 30 2008 4:42AM GMT
Google ready to release mobile phone system
San Francisco Chronicle Aug 30 2008 4:40AM GMT

COEH Home Page

 
 

Intec Telecom Systems PLC - Unaudited results for the six months ended 31 March 2004

Substantial new contracts signed, revenues increased by 41% and EBITA increased by 212%

Intec Telecom Systems PLC (“Intec” or “the Company”), the leading global provider of telecoms Operations Support Systems (“OSS”) products, is pleased to announce its unaudited results for the six months ended 31 March 2004, (“HY 2004”). A combination of strong new license sales across Intec’s main product lines, increased revenues from both professional services and recurring business, and generally improved trading conditions in the telecom sector have driven a 41% increase in turnover and an increase in adjusted earnings per share of 130%. Trading conditions continue to be healthy, and providing these remain stable the Board is confident of satisfying full year expectations. In addition the Company is engaged in several major opportunities which, should they conclude and be recognizable in the current year, will enhance Intec’s financial performance for the full year.

HIGHLIGHTS

  • Turnover of £31.4 million increased by 41% (6 months ended 31 March 2003 (“HY 2003”) £22.3 million) with organic and acquisition-driven growth in all key activities.
  • Earnings before interest, tax, and amortization (“EBITA”) increased to £3.1 million compared with £1.0 million in HY 2003.
  • Adjusted EPS increased by 130% to 1.15p (HY 2003: 0.50p).
  • 42 new contracts of which 38 are with new customers. 20 new licenses signed in the period plus 22 new bureau customers (HY 2003: 27 new contracts signed, plus 31 through acquisitions).
  • Notable customer wins announced in Africa, Brazil, China, Eastern Europe, Russia, the UK and the USA.
  • Revenue and earnings adversely affected by US dollar depreciation, estimated at £1.3 million and £0.6 million respectively.
  • Operating cash outflow of £0.3 million (HY 2003: inflow of £2.6 million) after working capital investment in Digiquant and to support business growth.
  • Loss before tax reduced to £1.0 million (HY 2003: loss of £2.3 million), after depreciation and amortization of goodwill and intangible assets of £5.3 million (HY 2003: £4.4 million).
  • Customer installations reach 574 in 400 operators.
  • Intec retains balance sheet strength with cash and cash equivalent investments of £12.8 million (HY: 2003 £12.3 million).

About Intec
Intec Telecom Systems is an award-winning worldwide Operations Support Systems (“OSS”) vendor for fixed, mobile and next-generation networks (ie. WLAN, 3G and IP), with more than 500 installations of its products worldwide. Founded in 1997, Intec was listed on the London Stock Exchange (Code: ITL.L) in June 2000. Intec is the market leader in intercarrier billing systems and convergent mediation software, and a recent winner of the 2003 Global Billing Award – Best Overall Contribution, and Telestrategies ‘2003 Mediation Excellence Award’.

Intec’s portfolio includes:
Inter-mediatE™ - convergent billing and mediation solution
InterconnecT™ - intercarrier billing including US CABS and ITU
Inter-activatE™ - flow-through provisioning and service activation
Inter-contenT™ - end-to-end content revenue management
Intec Dynamic Charging Platform™ – a real-time pre/post-paid charging interface between the network and the back office
Intec ASF™ - end-to-end billing and management for advanced data services

Intec’s customer base includes, among others, BellSouth, BellSouth Peru, Brazil Telecom, Cable & Wireless, Cesky Telecom (Czech Republic), China Unicom, COLT Telecommunications, EBT (Taiwan), Eircom (Ireland), France Telecom, Hutchison 3G, Maxis (Malaysia), Singtel Optus (Australia), Orange, Telecom Argentina, Telecom Egypt, Telecom Italia, Tiscali, TPSA (Poland), Swisscom, T-Mobile International, Telia (Sweden), Telefonica, Telkom South Africa, Telstra, US Cellular, Westel (Hungary), Vodafone, VimpelCom (Russia) and Verizon. For more information on Intec Telecom Systems, visit the website at http://www.intec-telecom-systems.com.


More Telecommunication News

InfoWorld RSS Feed
InfoWorld - Information Technology News, Computer Networking & Security

Top 10: Bracing for Gustav, Oracle and Google woes
This is typically one of the slowest weeks of the year for IT news, but the approach of Hurricane Gustav has Gulf Coast IT departments in full-out preparedness mode and the rest of the country anxiously watching with sharp memories of Hurricane Katrina, which hit that coast and devastated New Orleans on Aug. 29 three years ago. Also in the news were woes with an Oracle forum upgrade and Google offering credit to paying customers of its online Apps suite, to compensate for three Gmail outages earlier this month.
Comcast sets monthly bandwidth limit for customers
Comcast, the largest provider of cable-based broadband service in the U.S., will limit residential customers to 250GB of bandwidth a month beginning Oct. 1, the company announced late Thursday.
Performance-improvement integral to Windows 7, IE8
Fixing performance issues that have plagued previous versions of its Windows client OS and Internet Explorer (IE) browser are key development goals for the next versions of those products, Microsoft has revealed in company blogs.
Google introduces Android apps store
Google unveiled on Thursday its plans for a store where mobile users can find Android applications, a concept similar to the iPhone's App Store.
Sprint's WiMax service to include local features
Sprint Nextel will put location-based services front and center on its Xohm WiMax service, offering a portal with widgets for local weather, traffic, events, reviews, and other information.
Nortel uses USB drive to secure remote work
Nortel hopes to tackle the security of remote work with an "office on a stick," a USB drive that can link an employee's PC with a corporate VPN and keep all the information from a session encrypted.
Bluetooth will be missing from Google Android
While developers have been hard at work building Android applications that can use GPS, Wi-Fi, and cameras, they just discovered they likely won't be able to offer applications that use one common mobile phone feature: Bluetooth.
Intel: WiMax to slash device's time to market
The certification process for WiMax devices will allow vendors to get new products out to mobile broadband users in one-third the time it takes to put a phone on a carrier's 3G network, Intel said Thursday at its developer conference.
Comcast: No new traffic management plan yet
Comcast has made no final decisions on how to manage network congestion, despite news reports Wednesday that it will slow traffic for heavy users for up to 20 minutes during times of peak network use.
Update: Ericsson, STMicro to form mobile chip venture
Ericsson and STMicroelectronics will form a joint venture to build semiconductors and platforms for mobile devices, the companies said Wednesday.

COEH Home Page

 
© 2003-2004 The COEH Web Portal All rights reserved. Terms of Use and Disclaimer