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Software giant Oracle Corp. announced it's spending about $220 million to buy Portal Software Inc., a firm that develops billing and revenue management solutions for the communications and media industries. Oracle cited its long commitment to the communications industry and noted that its Siebel...

Oracle to acquire billing provider Portal Software

REDWOOD SHORES, Calif.—Software giant Oracle Corp. announced it’s spending about $220 million to buy Portal Software Inc., a firm that develops billing and revenue management solutions for the communications and media industries. "The combination of Oracle and Portal delivers the first end-to-end packaged enterprise...

Bank approves loan for Colombia cellular equipment

WASHINGTON-The Export-Import Bank of the United States approved a $15 million long-term loan guarantee to support the sale by U.S. suppliers of cellular equipment, software and services to Colombia Movil, a wireless carrier in Colombia.Suppliers of the contract include Hewlett-Packard Co., Portal Software Inc.,...

Swisscom names Portal Software supplier

CUPERTINO, Calif.-Swiss mobile operator Swisscom Mobile AG named Portal Software Inc. a strategic supplier. Portal has been a billing software supplier to Swisscom since 2000."We already have Portal's solution running in four separate services at Swisscom Mobile," said Bernhard Schimmele, program manager for billing...

Portal to supply billing system to Australian operator

SYDNEY, Australia-Portal Software said it is the official billing partner of Personal Broadband Australia, the Australian wireless broadband company backed by U.S.-based Arraycomm Inc. The portal solution for the Australian firm includes end-to-end rating, billing and customer management to support several account models, including...

Portal completes stock offering

CUPERTINO, Calif.-Portal Software Inc. announced it has completed a $60 million direct offering of approximately 22.6 million shares of its common stock. The shares were sold for $2.65 each, resulting in net proceeds to the company of $56.4 million."The completion of this offering gives...

HP unveils flexible server

Just as the battle to dominate the handset operating system realm intensifies, the contest for supremacy on the server side has taken a fresh dimension with a new product from Hewlett Packard Co.HP has released a new line of servers known as HP Integrity,...

Colombia Movil chooses Portal CRM/billing solution

CUPERTINO, Calif.-Colombia Movil SA, an emerging wireless service provider in Latin America, has chosen Portal Software Inc.'s Infranet customer relationship management and billing solution for is GSM/GPRS network.Colombia Movil expects to grow to 1 million subscribers during the next two years and plans to...

Portal Software, SAP to combine solutions

CUPERTINO, Calif.-Portal Software Inc. and SAP AG have aligned to deliver a solution combining Portal's Intranet billing solution with SAP's Telecommunications solution for the telecom industry.Portal said the joint solution will allow service providers to lower the number of revenue leakage issues they experience...

Boingo uses Portal Software’s billing solution

CUPERTINO, Calif.—Boingo Wireless Inc. said it has implemented Portal Software Inc.'s billing solution, known as Infranet, for mobile service providers."Boingo developed its billing infrastructure with the Infranet solution, which allowed the company to create and support multiple service and pricing models, maximizing appeal of...

Logica, T-Motion to create billing portal

LONDON—Logica announced a deal with T-Motion, the mobile online services arm of T-Mobile International, to create a portal to market billable value-added services to customers across Europe.The system uses Logica's integrated and customized real-time billing system, which is based on Portal Software Inc.'s Intranet...

Computing firms court wireless Internet

ALTANTA-Convergence was the word at SuperComm 2000 this year, with computing firms like Sun Microsystems Inc. and Hewlett-Packard Co. both naming wireless Internet a priority for their business strategies going forward.The endorsement by these computing industry leaders is yet another indication the wireless Internet...

Viewpoint: The just-in-case strategy

In the Digital Age, it is no longer good enough to produce a product or service that people want. Today, you must be all things to all people all of the time.The old adage of doing one thing and doing it well is not...

Inktomi pieces together wireless portal business

Looking to join the wireless portal game, Internet infrastructure software firm Inktomi Corp. inked several deals last week with industry players in an effort to collect all the pieces necessary to build wireless portals for carriers and others.Inktomi provides Internet backbone technology like traffic...

StarHub selects Siemens

SINGAPORE-Fixed and mobile telecom provider StarHub has selected Siemens Information and Communications Networks to supply and install Wireless Application Protocol gateway and portal software from Phone.com Inc.

BT launches WAP-based Internet strategy

British Telecom plc unveiled its mobile Internet strategy last week, setting up a new unit to offer global mobile Internet services by extending its existing Genie Internet services to Wireless Application Protocol-enabled phones.BT said it will invest $250 million in WAP technology and form...

Motorola completes layered VoIP/3G packet-data call

NEW ORLEANS-Motorola Inc. said it successfully made a voice over Internet Protocol call on top of a third-generation high-speed packet data call at 384 kilobits per second in a laboratory experiment.The 3G experimental system is an Aspira network architecture-based system demonstrating 3G cellular services...

Products

HandsetsPhilipsPhilips introduced several new handsets. The Ozeo GSM dual-band mobile phone offers a new user interface and a large LCD display with five text lines. The carousel icon screen feature simultaneously displays up to five visual icons representing the phone's functions and features. The...

NEWS BRIEFS

Nokia and Reuters signed a global cooperation agreement to develop and deliver financial, sports and general news services based on the Wireless Application Protocol (WAP). The new service is optimized for the Nokia 7110 media phone and supports the WAP 1.1 specification.Comverse Technology acquired...

BILLING COMPANY DALEEN EXPECTS TO ISSUE IPO

NEW YORK-Comparatively few of the hundreds of telecommunications billing companies in business today are publicly traded, but that list could grow by one if Daleen Technologies Inc., Boca Raton, Fla., proceeds with a planned initial public offering scheduled for late this month.The company views...

COMPANIES BAND TO FORM INTERNET USAGE BILLING STANDARD

MCLEAN, Va.-Nineteen network service providers and telecommunications companies, including Amdocs, Andersen Consulting, Convergys Corp., Hewlett-Packard Co., Portal Software and Sun Microsystems Inc., have formed a working group to develop a new key Internet usage billing standard.The standard to be developed-called the Internet Protocol Detail...

BOND BUYERS MAY LOOK FOR AREAS READY FOR CONSOLIDATION

NEW YORK-Heading into a scorcher of an Independence Day holiday, American stock markets closed in record-setting territory, thereby heating up the prospects for wireless sector companies seeking financing during the second half of 1999.By now it is a cliche to say that Alan Greenspan,...

PRODUCTS

XircomXircom Inc. announced a new product line called CompactCard, which it said extends wireless connectivity for Windows CE handheld computers. CompactCard is a series of Type II CompactFlash cards that give Windows CE devices access to Ethernet, modem and Global System for Mobile communications...

CONVERGYS TO BILL FOR PALM VII

The Palm VII personal digital assistant, announced this month by 3Com Corp. and Palm Computing Inc., continues to generate news and speculation, even though the product is not expected to be in consumers' hands until late next year.Convergys Corp. told RCR it has been...