Nokia completes acquisition of Comptel

NEW DELHI:Finnish telecommunications giant Nokia today announced the successful completion of its acquisition of Comptel Corporation, a Finland-based telecommunications software company.

The acquisition was announced February 9, 2017.

"The acquisition advances Nokia's strategy to build a standalone software business at scale by expanding and strengthening its software portfolio and go-to-market capabilities,"  a statement said.

"Comptel bolsters Nokia's software portfolio by adding capabilities that help digital service providers bring new communications services to market faster, master the orchestration of services and order flows, capture data-in-motion and refine decision-making," it said.

"When combined with Nokia's Operations Support Systems (OSS), Business Support Systems (BSS), analytics, security and cloud technology, Nokia will be able to offer the software intelligence and real-time network information to deliver better digital experiences and operations in a cloud environment," the company said.