FPT Information System and LogNet Systems Win 2014 Global Telecoms Business Innovation Award
Two companies recognized for the delivering MaxBill for Modern Billing at Lao Telecommunications Company in Laos
London, United Kingdom and Hanoi, Vietnam (May 19, 2014) – LogNet Systems, the provider of the Modern Billing solutions for service providers worldwide, and FPT Information System (FPT IS), the Vietnamese leading provider of billing solutions in the Southeast Asia, today announced that the two companies have won the 2014 Global Telecoms Business Innovation Award.
The Global Telecoms Business Innovation Awards recognize innovative projects in the telecommunications industry worldwide. These awards were established in 2007 and annually distinguish communications service providers and their technology suppliers.
FPT IS and LogNet Systems have won Global Telecoms Business Innovation Award in the Business Service Innovation category for their implementation of the MaxBill solution for Modern Billing for Lao Telecommunications Company (LTC), the leading telecommunications service provider in Laos PDR.
LTC is the incumbent telecommunications service provider in Laos. The company provides fixed line, mobile and Internet services to a growing customer base of over 3.5 million subscribers and is the only communications service provider to provide full nationwide network coverage.
In response to the gradual appearance of competitive alternatives available to its customers, LTC took the strategic decision to make holistic changes to its billing, service delivery and customer care operation. With the objective of streamlining business processes for its multiple service operation and improving the attractiveness of its services, LTC selected FPT IS to implement the MaxBill solution for Modern Billing from LogNet Systems after an intense selection process that included a fully integrated proof-of-concept (POC) trial.
“We congratulate FPT IS and LogNet on winning this innovation award,” commented Kingkeo Vangkaneng, Deputy General Director General at LTC. “The MaxBill solution is empowering us to grow our business with improved profitability and efficiency and increased customer loyalty to the LTC brand.”
The MaxBill solution has become an asset to LTC by enabling the company offer multiple services and attractive packages with zero-touch, automated service delivery, simplified customer support and transparent billing. On a strategic level, MaxBill allows LTC to manage best practices for defining and implementing modern and efficient BSS processes that are fully integrated across its entire organization.
“We are very proud to receive this award together with our partner LogNet and for the business value we are delivering to our customer LTC,” explained Le Anh Tuan, General Director of FPT IS Global. “As we expand our business internationally, we have strong expectations for continue success with LogNet and MaxBill at other leading service providers in our region and in new markets around the world.”
“For us, this award is a tremendous source of pride and demonstrates the value of our Modern Billing solution for service providers in any vertical market,” said Kirill Rechter, CEO of LogNet Billing. “We are committed to constantly expanding the dimensions of our solutions to meet the future business needs of our customers.”
About LogNet Systems
LogNet Systems and its MaxBill solution are delivering service providers a modern approach to billing and customer experience management. The MaxBill solution for Modern Billing enables service providers to strategically implement their innovative business models with a holistic approach to implementing business processes. Since 1996, the MaxBill solution has been helping communications, TV, content, utilities, financial and transportation service providers worldwide grow their businesses in rapidly changing and highly competitive markets. LogNet Systems is headquartered in the United Kingdom and has offices and representation across EMEA, APAC and Americas. For more information, please visit www.lognet-systems.com.
About FPT Information System
FPT Information System (FPT IS) is a member of the FPT Corporation and consists of 10 member companies and 1 joint-venture with Japan. The company has official presence and representatives in a number of countries thorough out the world. It employs more than 2,700 engineers specializing in developing application software, ERP services, information technology and system integration as well as systems for handling enterprise procedures. The company has set its goal to become a provider of IT solutions and system integration in global market. In telecommunications, FPT IS has offered a wide range of solutions and products for leading telecom service providers in Vietnam and other countries worldwide with the total number of nearly 100 million subscribers. For more information please visit www.fis.com.vn/en.
About Lao Telecommunications Company
Lao Telecommunications Company (LTC) is the leading telecommunications service provider in Laos PDR. The company offers fixed line, mobile and Internet services to a growing customer base of over 3.5 million subscribers. LTC is the incumbent telecommunications service provider in Laos PDR and the only communications service provider to provide full network coverage across the entire to country. The company was founded in 1996 and is a joint venture between the government of Laos PDR and Shenington Investments. For more information, please visit www.laotel.com/.
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