Comverse, Amdocs to meet Telefonica execs in Spain

The two are part of a 12-company Israeli delegation arranged by the Export Institute.

Telecommunications giant Telefonica will have business meetings with Israeli companies in a "Israeli Technologies Day" that the The Israel Export & International Cooperation Institute and the Ministry of Industry, Trade and Labor's commercial attaché are holding in Spain. Representatives of twelve Israeli companies will leave for Spain tomorrow. The Israel Export Institute said the delegation was the outcome of a meeting at the Mobile World Congress in Barcelona in February, where Minister of Industry, Trade and Labor Binyamin Ben-Eliezer and Export Institute chairman Ami Erel and CEO Avi Hefetz met Guillermo Ansaldo, chairman and CEO of Telefónica España. It was decided at the meeting that the Export Institute would identify Israeli companies that met the needs and requirements defined by Telefonica.

Telefonica is the largest wireless carrier in Spain, with over 25 million subscribers. The company provides telecommunications services in Spain and Latin America.

Michael Admon, director of the Export Institute's high-tech department, said that the Israeli companies would present to Telefonica innovative solutions in billing, navigation, enhanced surfing, Internet optimization, and more. Among Israeli companies taking part in the delegation he mentioned Comverse Technology Inc. (Pink Sheets: CMVT), Amdocs Ltd. (NYSE: DOX), Starcom Systems, Telematics, InfoGin, Cellint Traffic Solutions, and WizBill. The Export Institute said similar meetings would take place over the next few months with other leading telecommunications companies, such as Korea Telecom and Telecom Italia.

Published by Globes [online], Israel business news - - on May 5, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

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