17:57:41 EDT Mon 13 May 2024
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Optiva Inc
Symbol OPT
Shares Issued 6,180,335
Close 2023-11-06 C$ 5.73
Market Cap C$ 35,413,320
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Optiva to provide BSS for Really mobile phone service

2023-11-08 11:39 ET - News Release

Mr. Robert Stabile reports

REALLY SELECTS OPTIVA TO HELP LAUNCH ITS NEW WIRELESS SERVICE AND DECENTRALIZED MOBILE NETWORK

Optiva Inc. has been selected by Really, a United States-based innovative telecom company, to power and grow its new mobile phone service nationwide, powered by Optiva BSS (business support system) on Google Cloud. Really is on a mission to bridge the digital divide by introducing a nationwide decentralized wireless (dewi) network across the U.S., commencing in Austin, Tex.

The innovative Really dewi network is powered by the people, bringing the sharing economy to the telecom industry. The network is fuelled by strategically positioned cell site radios hosted on rooftops and balconies, making increased speeds and seamless roaming available to all customers on the network. Recognizing connectivity is a necessity, its decentralized network is about providing service and creating community through its GOAT program, honouring people and causes while offering free and discounted services to qualified first responders, teachers, veterans and other deserving individuals, to make quality mobile connectivity universally accessible.

"Optiva is inspired by Really's vision to bridge the digital divide, and enable better coverage and faster speeds for consumers across the U.S.," said Robert Stabile, chief executive officer of Optiva. "We are proud that our Optiva BSS will bring the functionality needed to achieve their goals. Optiva's mission is to power innovation in the telecom industry, and Really is a shining example of that goal."

Really will be empowered by Optiva's full suite of comprehensive BSS features, preintegrated carrier APIs (application programming interfaces), third party services, dual-network provisioning, and turnkey managed services and support.

"Our mission is unique, and we needed a BSS platform that delivers a broad range of functionality and integrations, plus a rapid launch with the scalability to support nationwide growth," said Adam Lyons, founder and chief executive officer of Really. "Optiva's comprehensive software, telecom expertise and dual-network support were key to choosing Optiva."

About Optiva Inc.

Optiva is a leading provider of mission-critical, cloud-native revenue management software for the telecommunications industry. Its products are delivered globally on the private and public cloud. The company's solutions help service providers maximize digital, 5G, IoT (Internet of things) and emerging market opportunities to achieve business success. Established in 1999, Optiva trades on the Toronto Stock Exchange.

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