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[February 25, 2013]
US Company - Stonehenge Telecom Holdings, Inc. Completes Acquisition of French Software Vendor Supranetcom
(PR Web Via Acquire Media NewsEdge) Barcelona, Spain (PRWEB) February 25, 2013 The acquisition consummates the two companies’ bilateral relationship. Its purpose is to expand Stonehenge’s breadth of services and technology tool chest, as well as expand their rapidly growing presence in the global wireless telecom market. “We are very excited to announce the acquisition of Supranetcom and welcome them to the Stonehenge group of companies. Supranetcom’s rich suite of software products will play a significant role in the tactical direction of our company, and will have immediate impact on our ability to capitalize on cross-sell opportunities within our mobile and wholesale voice termination divisions,” said Patrick Willemsen, President and CEO of Stonehenge.
Since the first public announcement of this acquisition in May 2012, Supranetcom has embarked on a number of new software platform deployments in North Africa, including a strategic partnership with a leading Mobile Network Operator through which Supranetcom launched MoneyM, its new Mobile Financial Services platform with an integrated Virtual Wallet. MoneyM provides mobile operators with the unique ability to extend their services to existing customers and provide financial connectivity to individuals with no previous banking relationships. Subscribers with a few key strokes can easily conduct financial transactions such as Merchant payments, Peer-to-Peer Money transfers, Mobile Top-ups and Bill-Pay. Supranetcom is also launching a new product family targeting the area of mobile multimedia and streaming services for Mobile operators enabling them to provide multimedia-based services such as Ringback Tones, Background Music, Karaoke, and Music on Demand services. Supranetcom’s primary clients are Telecom Carriers, Mobile Operators, Service Providers, Large Enterprises and Financial Institutions. “These significant achievements for our company, combined with the strategic roadmap alongside Stonehenge, Supranetcom is certainly poised for an even greater 2013,” stated Youcef Louadj, Supranetcom’s President.
About Stonehenge: Stonehenge Telecom is a facilities-based U.S. Telecommunications Company with operating units throughout Europe. Positioned as a competitive niche provider of next–generation mobile voice and data services and products, Stonehenge uniquely addresses a number of emerging telecom verticals such as, private-label/affinity brand wireless services under their MVNO agreements, Tier1 Carrier to Carrier (C2C) wholesale voice termination, software-as-a-service (SaaS) and platform-as-a-service (PaaS) applications which are embedded in major networks across the globe.
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