Comptel Corporation was an international software company specialising in

telecommunications Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...

Nokia Nokia Corporation is a Finnish multinational corporation, multinational telecommunications industry, telecommunications, technology company, information technology, and consumer electronics corporation, originally established as a pulp mill in 1 ...

acquired Comptel in 2017 to merge it as a part of its Nokia Software business unit.

History

Comptel was founded in

Helsinki Helsinki () is the Capital city, capital and most populous List of cities and towns in Finland, city in Finland. It is on the shore of the Gulf of Finland and is the seat of southern Finland's Uusimaa region. About people live in the municipali ...

Finland Finland, officially the Republic of Finland, is a Nordic country in Northern Europe. It borders Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland to the south, ...

in 1986; the trade register entry was made on June 30. 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, and in 2008, Axiom Systems, a UK-based software product company that focused on the broadband fulfilment market. 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. Major hubs were in Helsinki, Kuala Lumpur in Malaysia, Lysaker in Norway and Reading, UK. Comptel’s OSS product portfolio consisted of mediation, charging, policy control, fulfilment and provisioning and activation. On February 9, 2017,

announced that it would acquire Comptel. The acquisition was completed on June 29, 2017.

References

{{Reflist

External links

Comptel website
Software companies of Finland Software companies established in 1986 2017 mergers and acquisitions Finnish companies established in 1986 Companies formerly listed on Nasdaq Helsinki