|
Newsletters
|
|
|
|
|
|
WirelessDevNet.com Press Release
TCS Delivers Record 80 Billion Text Messages in First Half of 2008
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a leading provider of mission-critical wireless communications, today announced that the company has delivered a record 80 billion text messages across the U.S. during the first six months of 2008, equaling the total messages sent by the company in all of 2007. The record growth in text messaging nationwide is compelling carriers to increase their wireless messaging offerings and capacity. According to the Cellular Telecommunications and Internet Association (CTIA), SMS (Short Message Service) text messaging in the United States more than doubled over the last year. TCS technology was responsible for approximately 25 percent of the CTIA-reported total U.S. 363 billion messages sent in 2007. This growth represents a 130 percent increase over the 158 billion messages sent in the U.S. in 2006.
CTIA also reported revenues from wireless data services were up more than 52 percent in 2007 to more than $23.2 billion, up from $15.2 billion in 2006. This growth is expected to continue with analysts forecasting an eightfold increase in text messaging volume by 2014, fueled by intercarrier messaging, televoting and unlimited in-network text messaging plans. SMS has evolved into a multifaceted application that continues to expand the revenue possibilities for network operators and carriers. TCS messaging solutions bring carriers new sources of revenue, enable intercarrier messaging and keep carriers in control of their networks and customers, particularly during significant spikes in wireless traffic.
TCS provides software to U.S. wireless carriers for text messaging, and earns revenue from perpetual licenses, customization, feature enhancements and software maintenance. TCS SMS systems include its Short Message Service Center (SMSC) platform and related Wireless Intelligent Gateway (WIG), which has both messaging and Location-Based services (LBS) functions.
"Carriers are investing in new platforms and value-add service offerings as they continue to experience and forecast exponential growth for text messaging," said Drew Morin, TCS Chief Technology Officer and Senior Vice President. "TCS is a trusted partner to many leading wireless carriers and one of the few companies in the industry that holds multiple messaging and location patents, enabling carriers to deliver enhanced messaging services and location relevant mobile applications to their users on both a hosted and in-network basis."
About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) produces wireless data communications technology solutions that require proven high levels of reliability. TCS provides wireless and VoIP E9-1-1 network-based services, secure deployable communication systems, engineered satellite-based services, and commercial location applications, like traffic and navigation, using the precise location of a wireless device. Customers include leading wireless, cable MSOs, and VoIP carriers around the world, and agencies of the U.S. Departments of Defense, State, and Homeland Security. For more information, visit www.telecomsys.com.
|
|
|
