Claro extends partnership with Tecnotree to bring virtualization to over 10,000,000 subscribers in Central America

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Finland, 15 December 2020: Tecnotree, a global provider of business support systems for the telecom industry, has today announced an extended partnership with telecom company Claro, part of the América Móvil Group. The deal will bring Tecnotree online charging system virtualization to over 10,000,000 subscribers in two main countries in Central America, significantly accelerating digital transformation in this region. An infrastructure evolution project, the deal will see the transition from Claro’s existing dedicated hardware to a fully virtualized Tecnotree Pre-Paid Intelligent Network (PPIN), establishing a foundation for cloud and event-based charging systems that are 5G ready.

Upon completion, the project will bring the latest technology, architecture and functionalities to Claro’s customers in Central America. With new flexible scalability, Claro will be able to adjust to increased capacity demands without the need to install additional or different hardware, providing a significant reduction in operational expenditure (OPEX) as well as increased optimization, efficiency and productivity.

This partnership is testament to Tecnotree’s long-standing relationship with the Claro Group and is the latest among a series of digital transformation collaborations. The renewed contract further consolidates Tecnotree’s position in Central America and strengthens its status as the leading provider of Business Support Systems.

Armando Martinez, VP of Latin America at Technotree, says: “Covid-19 has significantly accelerated digital transformation and as a result, businesses are having to adapt to support a more virtual world. We are delighted that our products provide a solution to this, bringing increased network virtualization to over 10,000,000 subscribers in Central America.

As more of Tecnotree’s products are integrated into workflows, businesses will benefit from further automation and digitisation which will provide long-term cost savings, while significantly increasing efficiency and productivity.

FURTHER INFORMATION
Padma Ravichander, CEO
tel. +97 156 414 1420
www.tecnotree.com

ABOUT TECNOTREE

Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps Communications Service Providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetize service bundles, provide personalized user experiences and augment value throughout the customer lifecycle. Tecnotree serves around 90 service providers in around 70 countries. Tecnotree is listed on the main list of NASDAQ Helsinki with the trading code TEM1V.