Intec Telecom Systems signs global licensing deal with France Telecom

London, November 29th – Intec Telecom Systems PLC (Code: ITL), the world leader in intercarrier billing systems, has signed a new global licensing deal with France Telecom for its InterconnecT product. The contract with France Telecom, already one of Intec’s most prominent customers, is for an extension to an existing agreement. The extension will allow France Telecom to install InterconnecT in any of its French subsidiaries, and for a further fee, in companies outside of France. As part of the agreement, France Telecom will promote and support InterconnecT among its subsidiary companies. The agreement is expected to produce a substantial increase in Intec’s installed customer base.

Kevin Adams, Chief Executive Officer of Intec said: “This global contract arrangement is beneficial for both Intec and France Telecom, and we are delighted to extend our partnership with them. Intec will gain a substantial increase in its installed base. France Telecom will gain the ability to roll out the industry’s most successful interconnect solution with minimal delay and improved value. The advantages of having a single solution for such a critical business function across its key operating companies include reduced costs and shorter project timescales, and simplified technical administration.

France Telecom
France Telecom (NYSE:FTE) is one of the world's leading telecommunications carriers, with 1999 consolidated operating revenues of 27.2 billion euros and operations in more than 75 countries. France Telecom provides businesses, consumers and other carriers with a complete portfolio of solutions that spans local, long-distance and international telephony, data, wireless, multimedia, Internet, cable TV, broadcast and value-added services. With the acquisition of the UK mobile operator Orange, France Telecom is the second largest European mobile operator, totalling more than 21 million subscribers. France Telecom is listed on the New York Stock Exchange (NYSE : FTE) and Paris Bourse.