FTS

FTS Overview

FTS is a global provider of convergent billing, charging, customer care, policy control, and payment solutions designed to provide increased flexibility and independence for communications and content service providers for a reduced total cost of ownership. The company offers solutions for both growing and established providers. It deploys its full range of end-to-end and add-on telecom billing and policy control solutions to customers in more than 40 countries in the wireless, wireline, cable, MVNE and MVNO, M2M and IoT, broadband, content, cloud, mobile money, and eCommerce markets, including multiple convergent installations. FTS is a Magic Software Group company.

Latest News

Mar 8, 2020 · nehandaradio.com

growth-negative

NetOne loses arbitration case against FTS... ordered to pay US$5 million - Nehanda Radio

NetOne, the second largest mobile operator in Zimbabwe, has lost an arbitration case against Formula Telecom Solutions (FTS) over the cancellation of a billing system agreement. The London International Court of Arbitration ordered NetOne to pay FTS $5 million in compensation. The judgment needs to be registered with local courts to be enforceable. NetOne is currently facing a leadership crisis with board members resigning and the CEO and CFO being suspended. Corporate governance experts are calling for an investigation into the resignations. The board has been accused of concealing information and not addressing the court case. NetOne had terminated the FTS agreement and signed a new agreement with ZTE for double the value. NetOne must now find $5 million to settle the dispute.

Management Changes

Nov 21, 2017 · www.prnewswire.com

growth-positive

FTS Evaluated by Gartner in its 2017 Magic Quadrant for Integrated Revenue and Customer Management for CSPs

FTS, a global provider of billing solutions, has improved its position in Gartners 2017 Magic Quadrant for Integrated Revenue and Customer Management for CSPs. FTS has seen growth in customer acquisitions and deployments in Latin America and Africa, as well as offering new solutions for the Fintech and mobile money sectors. The improved position reaffirms FTS ability to provide flexible and cost-effective BSS solutions in the telecom sector and beyond.

CustomersPartners

Nov 30, 2016 · www.prnewswire.com

growth-positive

Stratecast Report Names FTS as Key Monetization Innovation Enabler for Communication Service Providers

FTS has been named a key monetization innovation enabler for communication service providers (CSPs) by industry analyst firm Frost & Sullivans Stratecast practice. The report highlights the importance of effective monetization of partnerships for service provider revenue growth. FTS offers innovative monetization solutions that enable CSPs to offer new enterprise and B2B services and expand into new markets such as IoT and mobile financial services. FTS solutions enable the monetization of complex value chains, supporting the revenue management needs of various providers. The companys CEO, Avi Kachlon, emphasizes how FTS solutions have helped customers increase revenues from partner offerings. The report concludes that innovations enabled by monetization make it possible for both CSPs and non-telecom service providers.

Partners

Funding

Team Members

1

Employees: 500+

Web & Social Links

Locations

Yehadut Canada St 1, Or Yehuda, Israel

ul. "Vladayska" 231517, Sofia Center, Sofia, Bulgaria

Photos & Videos

2 item(s)

FTS Internal

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