Ventelo Implements Ascade's Routing & Trading Solution



    
    - Ventelo Awards Ascade With a Contract for the Interconnect Business
    Platform Carrier Cockpit(TM) - a Complete Solution for Routing & Trading
    

    STOCKHOLM, May 19 /CNW/ - Ascade, the global market-leader in advanced
Routing & Trading, Billing and Quality of Service solutions for the
Interconnect market, today announced that, Ventelo Sweden AB (Ventelo), a
Stockholm based wholesale carrier, has decided to implement the Carrier
Cockpit(TM) Routing & Trading as well as Network Provisioning modules to
manage their complete wholesale business. Ventelo has performed a thorough
evaluation process resulting in Carrier Cockpit(TM) becoming a central part of
its advanced business decision and management environment. The decision to
implement Carrier Cockpit(TM) Routing & Trading with Network Provisioning is a
result of growing volumes of voice traffic, increased business complexity and
expectations of improved profitability.
    With Ascade's Carrier Cockpit(TM) Routing, Trading and Network
Provisioning, Ventelo will further strengthen its end-to-end business process
for wholesale and interconnect services by automating its complete wholesale
operation. As a result Ventelo can proactively react on new pricing
opportunities supported by active trading functionality, secure a superior
quality of service through improved operational control and instantly
implement routing orders to the switch with the new Network Provisioning.
    The Vice President of Ventelo Sweden AB, Mr. Erik Qvist comments:
"Wholesale Business is one of the key drivers in Ventelo's company strategy
and building on a successful carrier business we are now ready to take this
operation to the next level. With a fully automated end-to-end support system
like Carrier Cockpit(TM) we are looking to excel even more on revenues and
margins whilst at the same time guaranteeing accuracy in each step of the way.
When choosing a supplier it was important to team up with a reliable company
that has proven success in many implementation projects as well as a direct
bottom line effect with improved margins, all which we are convinced to have
found in Ascade and its solution Carrier Cockpit(TM)."
    Mr. Klas Peterson, CEO of Ascade contributes: "Working with Ventelo and
reviewing their aggressive growth plans going forward shows that they are a
serious player on the international wholesale arena. By adding an advanced
Routing & Trading solution to its professional team of traders we are excited
to see the effects that are expected to be positive both in a short and long
terms perspective. In addition, we are very much looking forward to working
with a customer in our own home market."

    ABOUT VENTELO SWEDEN AB

    Ventelo Sweden AB (Ventelo) is full service provider on the Swedish
market offering secure and customer focused turnkey solutions to the business
market within fixed, mobile and internet solutions. The company has years of
experience in delivering high quality services to mobile and fixed operators
and focuses its wholesale offerings on high quality solutions.
    Ventelo has been a limited company since 1995 and is owned by private
investors.

    ABOUT ASCADE AB

    Ascade is the global market-leader of Interconnect Solutions for Carriers
and Mobile Operators. Our software, Carrier Cockpit(TM) Suite, enables
customers worldwide to increase profitability and revenue growth. It optimizes
and automates all aspects of the Interconnect Business including route quality
testing and integrated interconnect billing, while providing management with
real-time business planning and steering capabilities.
    Carrier Cockpit(TM) Suite is the most advanced, mature and widely used
Interconnect Solution for managing the wholesale business worldwide. Customers
include Reach, Telenor Global Services, SingTel, Telekom Malaysia, Etisalat,
Allstream, Elisa, Gateway, TEO, Rostelecom, PT Telekom, Korea Telecom,
Hrvatski Telekom, Telekom Serbia, Lattelecom, Sunrise, Telekom Austria,
MobileOne, TATA, TeliaSonera IC and more.
    Ascade AB is a privately held company owned by founders and leading
Nordic investment firms CapMan, listed on the Helsinki Stock Exchange, and SEB
Venture Capital, the venture capital division of Nordic financial services
group SEB, listed on the Stockholm Stock Exchange. Through its presence in
Sweden, US, Dubai, and Singapore, Ascade provides support to its customers
worldwide.
    For more information please visit: http://www.ascade.com





For further information:

For further information: Contact: Patrik Ferlenius, Ascade AB, Email:
patrik.ferlenius@ascade.com, Ascade AB Fax: +46-8-545-90-427, Stockholm,
Sweden, Tel: +46-8-616-73-00

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ASCADE AB

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