Tremendous Growth Potential by Challenging Major OTT Service Providers


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RICHARDSON, Texas--(BUSINESS WIRE)--Mar 4, 2014--Mavenir Systems (NYSE: MVNR), a leading provider of software-based networking solutions, today announced that it will provide Rich Communication Services (RCS) and WebRTC services to Mobile Telesystems (MOEX: MTSS), the leading provider of telecommunication services in Russia and the CIS.

Mavenir’s RCS solution, based on its Rich Messaging Server (RMS), enables advanced multimedia services such as instant messaging, file transfer, voice calling and video conferencing through a single application installed on the phone. Mavenir is also providing its WebRTC Gateway, based on the Unified Access Gateway (UAG), to enable delivery of RCS services to the web and introduce new unified communication services for the corporate segment.

“We are pleased to be working with a leading operator such as MTS to create innovative RCS services and to rapidly bring those services to the major markets of Moscow and St. Petersburg this year,” said Pardeep Kohli, President and CEO of Mavenir Systems.

MTS sees tremendous growth potential for RCS services. OTT usage amongst MTS’s 75 million subscribers in Russia is relatively low, so bundling compelling new multimedia services has the potential to attract a large number of new users.

"In the first stage, we plan to sell RCS services for 10-20 Rubles per month. We will try to attract customers by offering them a universal communication tool with a guaranteed quality," said Maksim Marasanov, Director of Products and Services Development Department, MTS. "We are aware that the RCS will affect the income from SMS and our task is to replace these losses and increase revenues, which we expect that this will be done within two years of service launch."

Mavenir’s European VoLTE/RCS Centres of Excellence located in Cologne, Germany supports the deployment of VoLTE and RCS solutions to mobile operators in Europe.

About Mavenir™:

Mavenir is a leading provider of software-based communications solutions that enable mobile service providers to deliver high-quality internet protocol (IP)-based voice, video, rich communication and enhanced messaging services to their subscribers globally. Mavenir’s mOne® software platform has enabled leading mobile service providers to introduce the industry’s first live network deployment of Voice-Over-LTE (VoLTE) and the industry’s first live deployment of next-generation Rich Communication Services 5.0 (RCS). Our solutions deliver next-generation services such as RCS, VoLTE and Voice over Wi-Fi (VoWi-Fi) over existing 2G and 3G networks and next-generation 4G LTE networks.

© 2013 Mavenir Systems, Inc. All rights reserved.

Mavenir Systems®, mOne®, AirMessenger®, Mavenir™, mStore™ and mCloud™, Transforming Mobile Networks™, are trademarks of Mavenir Systems, Inc.

CONTACT: Mavenir Systems

Maryvonne Tubb, 469-916-4393 x 5080

PR@mavenir.com

KEYWORD: UNITED STATES EUROPE NORTH AMERICA RUSSIA TEXAS

INDUSTRY KEYWORD: TECHNOLOGY NETWORKS SOFTWARE TELECOMMUNICATIONS MOBILE/WIRELESS VOIP

SOURCE: Mavenir Systems

Copyright Business Wire 2014

PUB: 03/04/2014 10:14 PM/DISC: 03/04/2014 10:14 PM

http://www.businesswire.com/news/home/20140304006956/en

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