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ComTel SpA — Regulatory Filings 2012
Sep 4, 2012
9984_rns_2012-09-04_6293a2d5-c92c-4de7-a33f-542550a3dfc8.html
Regulatory Filings
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Comptel Concludes Statutory Co-operation Negotiations
Comptel Concludes Statutory Co-operation Negotiations
Comptel Corporation Stock exchange release, 4 September 2012 at 2:40 pm
Comptel Concludes Statutory Co-operation Negotiations
The statutory co-operation negotiations concerning Comptel employees in Finland
have been concluded today. As a result of earlier announced cost saving
activities to improve profitability and competitiveness, the company has
decided to reduce16 people to whom Comptel will offer a compromised agreement
as an alternative.
Comptel will provide outplacement services for the employees whose employment
discontinues.
COMPTEL CORPORATION
Juhani Hintikka
President and CEO
Distribution:
NASDAQ OMX Helsinki
Major media
Since 1986, Comptel has helped more than 280 service providers across 85
countries meet over one billion subscribers' communications and infotainment
needs. Comptel's solutions are built on an event-analysis-action strategic
framework that leverages the company's strengths in event data processing and
advanced predictive analytics to enable real-time action. Comptel's service
fulfillment, mediation, charging and policy control, and predictive social
analytics products with implementation and professional services enable service
providers to enhance customer engagement and, in turn, create revenue, reduce
costs and lessen churn. Comptel has a global team of nearly 700 professionals,
and net sales were EUR 77 million in 2011. For more information, visit
www.comptel.com