SHENZHEN, CHINA and DUBLIN, IRELAND--(Marketwire - Aug 15, 2012) - Openet, a global leader of high performance transaction management software for network operators, and Huawei, a leading global information and communications technology solutions provider, today announced the signing of a memorandum of understanding (MOU) to jointly explore opportunities within the growing telecommunications market. Openet becomes the latest company to partner with Huawei's mLAB to create new business models for global operators in the MBB (mobile broadband) era.
Under the terms of agreement for the MOU, Openet and Huawei will be committed to creating, validating and promoting new business models. With these business models, operators will be able to optimize network resources, offer differentiated services to end users and increase sales revenues to achieve greater success.
Huawei's mLAB is a MBB solution research laboratory that facilitates close cooperation with industry players. It will benefit from Openet's deep understanding of business innovation and rich telecoms industry experience. Openet will provide its leading Policy and Charging Control (PCC) solutions working with Huawei's wireless and EPC networks to determine tomorrow's most valuable MBB business models.
"Openet is pleased to work with Huawei in mLAB. This joint effort will give us the opportunity to complement each other in the areas both are best. We will be able to effectively explore and hatch future MBB business models," said Apollo Guy, Openet global vice president, alliances. "We firmly believe that our software, with the ability to quickly adapt to new business requirements, will innovate new business use cases in mLAB. The end results will give both Huawei and Openet a chance to present to the outside world what the future MBB business models entail."
"Huawei's mLAB aims to be open to research innovative and profitable MBB solutions and products," said Dai Jisheng, Huawei Wireless Network Business Unit Director for MBB Solutions. "Openet shares our commitment to meeting the challenges of a rapidly evolving telecommunications industry."
"With Openet in the lab," Dai added, "we will be able to jointly discover new MBB business models and provide insights into what the future of MBB will be."
Openet enables operators to control costs and increase revenue by innovating how people, machines, and services engage with their network. A global leader of Policy and Charging Control (PCC) software with more than 80 customers in 28 countries, Openet is used within the world's most complex networks to engage users, to harness data, to optimize resources, and to monetize activity -- rapidly and cost effectively. For more information, please visit www.openet.com.
Huawei is a leading global information and communications technology (ICT) solutions provider. Through our dedication to customer-centric innovation and strong partnerships, we have established end-to-end advantages in telecom networks, devices and cloud computing. We are committed to creating maximum value for telecom operators, enterprises and consumers by providing competitive solutions and services. Our products and solutions have been deployed in over 140 countries, serving more than one-third of the world's population. For more information, visit Huawei online: www.huawei.com. Follow us on Twitter: www.twitter.com/huaweipress and on YouTube: www.youtube.com/user/HuaweiPress.