Sandvine Usage Management Brings New Mobile Billing Innovations
Solution now trusted by over 100 operators worldwide
Waterloo, ON; February 24, 2014 – Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced the launch of Usage Management release 5.0, which offers new capabilities to help both fixed and mobile communications service providers (CSPs) create, manage and implement new service plan offerings.
Sandvine Usage Management is currently powering service innovation for more than 100 CSPs worldwide, and this latest release provides several next generation features that will benefit both operators and subscribers, including:
- Prevents subscribers residing in border regions from experiencing bill shock caused by accidental roaming charges
- Patent-pending dynamic online charging system (OCS) selection for networks with multiple OCS deployments ensures a subscriber’s data usage is recognized as domestic until the instant they actually cross a geographical border
- Immediate event charging allows subscribers to be billed directly for content such as live sports streaming
- Simplifies an operator’s ability to enable sponsored connectivity and generate new sources of revenue from content providers
- New ability to quickly and easily manage quota for prepaid and postpaid subscribers through ServiceDesigner’s drag-and-drop graphical user interface
- Reduces the timeline for service plan creation from months to days, allowing insight gained from Sandvine Network Analytics to be acted upon rapidly
“For operators who are serious about differentiating themselves in the market, our latest version of Usage Management provides the ability to roll out a wealth of innovative use cases with ease,” said Don Bowman, CTO, Sandvine.
To learn more about Sandvine Usage Management and Sandvine’s other solutions for fixed and mobile operators, visit sandvine.com or booth #5E11 at Mobile World Congress in Barcelona, Spain.
Sandvine’s network policy control solutions add intelligence to fixed, mobile and converged communications service provider networks to enable services that can increase revenue and reduce network costs. Powered by Sandvine’s Policy Engine and SandScript policy language, Sandvine’s networking equipment performs end-to-end policy control functions including traffic classification, and policy decision and enforcement across the data, control and business planes. Sandvine’s products provide actionable business insight, the ability to deploy new subscriber services and tools to optimize traffic while enhancing subscriber Internet quality of experience.
Sandvine’s network policy control solutions are deployed in more than 250 networks in over 90 countries, serving hundreds of millions of data subscribers worldwide, www.sandvine.com.
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Certain statements in this release which are not historical facts constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws ("forward-looking statements") and are made pursuant to the “safe harbour” provisions of such laws. Statements related to the scope of deployment of Sandvine’s products by a specific customer, the potential revenue opportunity with any particular customer or in any market segment, the benefits of Sandvine’s products and services to be realized by customers, Sandvine’s market position, future opportunities, product development plans and demand for Sandvine’s products and services are forward looking statements, as are any statements relating to future events, conditions or circumstances. Readers are cautioned not to place undue reliance upon any such forward-looking statements. Such forward-looking statements involve both known and unknown risks and uncertainties that may cause the actual results, performance or achievements of Sandvine to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. These risks and uncertainties include, without limitation, changes in internal deployment strategies or plans by specific customers; the growth of broadband internet usage and levels of capital spending on broadband network management systems; the timing of orders and manufacturing lead times; changes in customer order patterns or customer mix; insufficient, excess or obsolete inventory; increased competition in the broadband network equipment industry; dependence on the timely development and market acceptance of new product offerings and standards; rapid technological and market change; manufacturing and sourcing risks including dependence on key suppliers and key technologies; dependence upon indirect channel sales and resellers; factors such as business and economic conditions and growth trends in the broadband network equipment industry and in various geographic regions; global economic conditions and uncertainties in the geopolitical environment including the impact of regulation related to the internet and the delivery of internet services. Forward-looking statements are based on management’s current plans, estimates, projections, beliefs and opinions, and Sandvine does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change.