Alltel Wireless Extends Relationship with Comverse with a Long-Term Contract for Managed Real-Time Billing Services for Prepaid Subscribers

Comverse, the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced that Alltel Wireless, owner and operator of the largest wireless network in the U.S., has extended its relationship with Comverse with a five-year managed services contract to operate and support its real-time billing environment for prepaid subscribers. The deal is an extension of an existing agreement to manage the complete system operations and maintenance of Alltel’s Real Time Billing solution.

“We selected Comverse Real-Time Billing Solution due to its powerful marketing features which enable us to respond to our customers with the right offer at the right moment. With Comverse taking care of the operations, we are able to focus on bringing high-quality mobile communications services to our subscribers,” commented Jeff Fox, Chief Operating Officer of Alltel Wireless.

“We are proud of this major inroad to one of the top players in the US wireless market with such an expansive reach,” said Ramesh Barasia, President of Comverse Americas. “The new agreement with Alltel demonstrates our commitment to build long-term, strategic relationships with our top clients. Comverse is creating an adaptive infrastructure that offers greater business agility and a reliable, flexible, cost-effective solution that will help Alltel to be even more competitive.”

Since its deployment last year, Comverse Real-Time Billing has been providing Alltel with the optimal means to penetrate new markets, while increasing long-term subscriber loyalty. Alltel can foster a one-to-one relationship with their prepaid subscribers and stimulate the uptake of value-added services by leveraging real-time marketing and account management capabilities.

About Alltel

Alltel is owner and operator of the nation's largest wireless network and has more than 12 million customers. For more information, please visit www.alltel.com.

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