KT Selects Oracle Communications Solutions for its Next-Generation Billing, Service Delivery Platform and Operational Support Systems
Redwood Shores, Calif., - April 18, 2011
KT, the largest communications service provider in Korea, has selected an integrated suite of Oracle Communications applications and technology for its next-generation Billing, Service Delivery Platform (SDP) and Operational Support Systems (OSS).
In 2009 KT merged with KTF, its former subsidiary specializing in mobile communications services. As a result, KT sought an IT solution that would enable the company to develop and deliver complex, convergent services and more flexible offerings with an improved time to market and greater operational efficiency.
With its next-generation Oracle-based systems, KT will be able to transform its business platform to offer IP-based converged services more quickly while addressing rapidly changing market demands. KT expects the new platform will help the company improve customer satisfaction while lowering operational and network costs.
KT plans to accelerate the introduction of triple play services via Oracle Communications Service Delivery products. The company expects that provisioning of value added services will increase average revenue per user and improve customer loyalty.
“Our organization seeks recognition as a global communications leader with IT offerings based on cloud computing and convergent communications services. We selected Oracle Communications’ portfolio because the organization has a sound track record in the global market and productized solutions specifically designed to meet the needs of telecommunications companies seeking to offer superior service,” said Jae Lee, Senior Vice President of Business and Information System Transformation(BIT) Center, KT. “KT, in partnership with Oracle, will be able to flexibly address customers’ needs and meet scalability requirements for future business expansion.”
“KT is undertaking a business transformation that will set the framework for improved customer service today and continued growth for the future. We are pleased the organization has selected Oracle solutions, which have already been adopted by the top 20 carriers globally. Oracle will support KT to establish innovative platforms and offer IP-based convergent services for the 4G era while reducing operational costs,” said Bhaskar Gorti, senior vice president and general manager, Oracle Communications.
KT Corporation was founded in 1981 and is headquartered in South Korea. KT Corporation provides integrated telecommunications services in Korea. It offers personal communications services, mobile telecommunications services, and third-generation HSDPA-based IMT-2000 wireless Internet and video multimedia communications services. The company also provides telephone services, including local, domestic, and international long-distance fixed-line telephone services, as well as interconnection services to other telecommunications companies; and broadband Internet access and other Internet-related services, including IP-TV services. In addition, it offers various other services, including leased line and other data communication services, satellite services, and information technology and network services.
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