Qvantel Completes Optiva Acquisition to Expand AI Telecom Monetization


Qvantel Completes Optiva Acquisition to Expand AI Telecom Monetization

📅 - Qvantel has completed its acquisition of Optiva, uniting two established telecom BSS vendors into a larger, AI-focused provider of monetization and digital operations software. The deal, executed through a statutory plan of arrangement under Canada's Business Corporations Act, reflects accelerating consolidation as operators face pressure to modernize billing, charging, and customer engagement platforms.

The combined organization now serves more than 70 telecom operators and mobile virtual network operators across over 40 countries, supported by a global workforce of more than 1,000 employees operating from 30 locations. Executives from both companies say early market feedback has been [...][... Check source for end of article ...]
Tags: Telecom

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