Tecnotree

Tecnotree Corporation
Public
Industry Telecommunications
Computer software
Founded Espoo, Finland (1978)
Headquarters Espoo, Finland
Area served
Worldwide
Key people
Padma Ravichander , Chief Executive Officer
Products Messaging and charging solutions
Revenue Increase €73.9M (2013)[1]
Website Tecnotree.com

Tecnotree Corporation (Nasdaq Helsinki: TEM1V) is a telecommunications company, which develops and supplies messaging and charging solutions for operators and service providers. The company was founded in 1978 and is headquartered in Espoo, Finland.[2]

In 2008, the company's net sales amounted to €77.2 million; operating result was €11.5 million.[1] During the year, Tecnomen bought the Indian telecommunications company Lifetree Convergence for $46 million. The name of the company was changed to Tecnomen Lifetree, which in 2010 was abbreviated to Tecnotree.[1][3]

Tecnotree's products are used by about 90 operators in about 70 countries. Notable partners include Siemens, Nokia, Nortel, and Accenture.[4]

Tecnotree has around 900 employees serving about 90 operators globally. Tecnotree is listed on the main list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V.

References

  1. 1 2 3 Consolidated income statement Company website
  2. ↑ Tecnomen Corp. Company Description Business Week
  3. ↑ Finnish Co Tecnomen acquires Delhi's Lifetree covergence
  4. ↑ Tecnomen Company Description Hoovers.com


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