Portal Software and Vodafone Expand Strategic Relationship

Portal Software, Inc. and Vodafone Group Plc, the world's largest mobile telecommunications company, have announced two developments that expand their existing strategic relationship. The companies have agreed on a global billing development program to standardize the creation and implementation of billing solutions for Vodafone Group Companies. Additionally, Portal and Vodafone have signed a strategic Global Framework Agreement, which establishes a comprehensive pricing and services framework for the deployment of Portal's solutions by any of Vodafone's operating companies worldwide.

Key Takeaways:

• Portal Software, Inc. and Vodafone Group Plc have agreed on a global billing development program to standardize the creation and implementation of billing solutions for Vodafone Group Companies.
• The program aims to accelerate the speed and ease of implementation of Portal's next-generation billing solutions.
• Portal and Vodafone have signed a strategic Global Framework Agreement, which establishes a comprehensive pricing and services framework for the deployment of Portal's solutions by any of Vodafone's operating companies worldwide.
• The agreement positions Portal as a preferred Vodafone solutions provider and enables the company to define billing strategies that will strengthen Vodafone's competitive position and differentiate the Vodafone brand worldwide.
• Portal's revenue management platform currently powers Vodafone's highly successful Vodafone live! offering.
• The agreement is a significant milestone in the development of the companies' strategic relationship.
• Vodafone's relationship with Portal will continue to play a key role in helping the company maintain its position as the global provider of choice for mobile service excellence and innovation.

Statistics:

• 139 million proportionate customers across 26 countries and partner networks in 13 countries (Vodafone).
• 26 countries have equity interests in Vodafone.
• 13 countries have Vodafone partner networks.
• 2004 - the year the agreement was announced.
• Portal is the revenue management partner of choice to the world's leading service providers, including Vodafone, AOL Time Warner, Deutsche Telekom, and others.

Sources:

• "Portal Software and Vodafone Expand Strategic Relationship" Business Wire, September 2, 2004.
• "About Vodafone" Vodafone Group website.
• "About Portal Software, Inc." Portal Software, Inc. website.