AsiaInfo-Linkage Signs Convergent Billing Solution Contract with Nepal Telecom
BEIJING and SANTA CLARA, Calif., Jan. 4, 2012 /PRNewswire-Asia-FirstCall/ -- AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) ("AsiaInfo-Linkage" or the "Company"), a leading provider of telecommunications software solutions and related services, today announced that the Company has signed an agreement to provide convergent billing and customer relationship management software to Nepal Doorsanchar Company Limited ("Nepal Telecom"), the leading state-owned telecommunications operator in Nepal, with approximately six million mobile subscribers.
"This is a significant contract win for us as it is representative of our international expansion," stated AsiaInfo-Linkage President and Chief Executive Officer Steve Zhang. "We established our core competencies by serving China's three telecom carriers, and will now leverage those strengths as we deploy our best-in-class products and services in Nepal. Our solutions will link all of Nepal Telecom's software systems: landline, cable, Internet and mobile phone. The customer will enjoy enhanced decision-making capabilities, standardized business processes and optimized customer insight, while simultaneously decreasing operating costs. Looking forward, we remain focused on serving our core telecommunications customers in China, as we try to win additional market share in multiple international markets."
Nepal Telecom Managing Director Mr. Amar Nath Singh remarked, "We are excited about our partnership with AsiaInfo-Linkage and look forward to the delivery of their convergent solutions. Once the upgrade is completed, Nepal Telecom subscribers will benefit from a number of enhancements including hassle-free bill payments. Moreover, AsiaInfo-Linkage's comprehensive solutions will include system implementation, system integration service and migration, training, and on-site support. We have full confidence in AsiaInfo-Linkage's delivery capabilities and believe this agreement lays a strong foundation for the growth of NT's user base beyond 21 million subscribers over the next few years."
About AsiaInfo-Linkage, Inc.
AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) is a leading provider of high-quality software solutions and IT services in China's telecommunications industry. Following the merger between AsiaInfo and Linkage Technologies International Holdings Limited ("Linkage") on July 1, 2010, AsiaInfo-Linkage leverages both AsiaInfo's and Linkage's leading market positions and complementary customer bases to provide a robust, comprehensive service offering primarily to China's telecom operators. AsiaInfo-Linkage's world-class R&D capabilities and extensive base of highly skilled engineers provide best-of-class solutions to help customers differentiate themselves from the competition.
For more information about AsiaInfo-Linkage, please visit www.asiainfo-linkage.com.
About Nepal Telecom
Nepal Telecom, a registered trademark of Nepal Doorsanchar Company Limited, is the leading and the largest government owned telecommunication company of Nepal. Its services include local calls, national calls, international calls, international telegram, domestic telex, international telex, leased lines, operator -assisted telephone, packet switching data communication, integrated services digital network, pay phone, intelligent network, PCC easy call service, HCD service, universal access number service, PSTN credit limit service, post-paid and pre-paid mobile, CDMA, GSM, 3G services, Internet and email systems. Nepal Telecom also offers online services for checking mobile and phone bills, as well as telephone search, caller ring back tones, and Web SMS services. The company was founded in 1975 and is based in Kathmandu, Nepal.
Cautionary Note Regarding Forward-Looking Statements
The information contained in this document is as of January 4, 2012. AsiaInfo-Linkage assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments.
This document contains forward-looking information about AsiaInfo-Linkage's operating results and business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: government telecommunications infrastructure and budgetary policy in China; our ability to maintain our concentrated customer base; our ability to successfully integrate the business of Linkage into ours; the long and variable billing cycles for our products and services that can cause our revenues and operating results to vary significantly from period to period; our ability to meet our working capital requirements; our ability to retain our executive officers; our ability to attract and retain skilled personnel; potential liabilities we are exposed to because we extend warranties to our customers; risks associated with cost overruns and delays; our ability to develop or acquire new products or enhancements to our software products that are marketable on a timely and cost-effective basis; our ability to adequately protect our proprietary rights; the competitive nature of the markets we operate in; and political and economic policies of the Chinese government. A further list and description of these risks, uncertainties, and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2010, and in our reports on Forms 10-Q and 8-K filed with the United States Securities and Exchange Commission and available at www.sec.gov.
For investor and media inquiries, please contact:
Mr. Jimmy Xia
Mr. Justin Knapp
Ogilvy Financial, Beijing
In the United States:
Ms. Jessica Barist Cohen
Ogilvy Financial, New York
SOURCE AsiaInfo-Linkage, Inc.