Comptel

Comptel Corporation was an international software company specialising in telecommunications. Nokia acquired Comptel in 2017 to merge it as a part of its Nokia Software business unit.

Comptel Corporation
TypePublic (NASDAQ OMX Helsinki: CTL1V)
IndustryTelecommunications Software
HeadquartersHelsinki, Finland
Area served
Worldwide
Number of employees
750+
Websitewww.comptel.com

History

Comptel was founded in Helsinki, Finland in 1986; the trade register entry was made on June 30th. Initially the company was a system development and IT subsidiary of Helsinki Telephone Association. Comptel was listed on NASDAQ OMX Helsinki in 1999 under the code CTL1V.

In 2005, Comptel acquired EDB Telecom, a telecom subsidiary of a Norwegian IT company EDB Business Partner,[1] and in 2008, Axiom Systems, a UK-based software product company that focused on the broadband fulfilment market.[2]

Before the acquisition by Nokia, Comptel operated globally in the developing Operations Support Systems (OSS) market for telecommunications and had offices in 20 locations. Comptel employed about 750 people.[3] Major hubs were in Helsinki, Kuala Lumpur in Malaysia and Reading, UK. Comptel’s OSS product portfolio consisted of mediation, charging, policy control, fulfilment and provisioning and activation.[4][5][6][7][8][9]

On February 9th, 2017, Nokia announced that it would acquire Comptel.[10] The acquisition was completed on June 29th, 2017.[11]

References

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