TEOCO Finalizes Acquisition of AIRCOM International
TEOCO Becomes Leading Independent Provider of Analytics and Network Planning, Assurance and Optimization Solutions.
FAIRFAX, VA., USA AND LEATHERHEAD, UK, DECEMBER 3, 2013 – TEOCO, the leading provider of Assurance, Analytics and Optimization solutions to communications service providers (CSP) worldwide, today announced it has completed its acquisition of AIRCOM International, the leading provider of network planning, optimization and management software for mobile networks.
With the completion of the acquisition, TEOCO begins rapid integration of its assurance and analytics solutions with AIRCOM’s network planning, optimization and OSS management software. The combination creates a global market leader with more than 300 CSP customers in over 100 countries. TEOCO will leverage its leading positions in the RAN planning and optimization, service assurance, cost management and financial analytics markets, as well as its increased international presence, to offer services aligned to the best interests of service providers worldwide. The broader portfolio addresses current and emerging challenges such as SON, small cells, geolocation, CEM and the monetization of subscriber data.
“With TEOCO’s 2012 acquisition of Schema and now AIRCOM International, TEOCO leaps to the number one market position in Network Planning and Optimization,” said Dr. Mark H. Mortensen, Principal Analyst at Analysys Mason. “The renewed TEOCO will be able to offer the kind of large-footprint solution for assurance and network planning and optimization that CSPs increasingly desire. Additionally, combined with their strength in customer analytics and geolocation capabilities, TEOCO is well positioned to meaningfully address the emerging SON and CEM initiatives of the future.”
“Industry reaction to our acquisition has been encouraging and very positive,” said Atul Jain, CEO and Chairman of TEOCO. “There has been a spate of M&A activity, both in the creation of super-operators, as well as the solution providers that serve them. With this acquisition, TEOCO strengthens its market position, ensures scale to become a truly global player, and deepens our expertise to support the next generation needs of our customers. AIRCOM adds important new customers, extends TEOCO’s geographical reach, and bolsters our portfolio to offer true end-to-end solutions to serve this rapidly evolving market.”
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.
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.