Oracle bags telco contract

Korea Telecom Freetel (KTF) has deployed components of the Oracle Communications Service Delivery portfolio to create a service delivery platform (SDP) to cost-effectively launch new, innovative services.

With this SDP, Oracle says KTF can deliver next-generation mobile services that help improve customer loyalty and drive revenue growth by offering an open interface that enables the telco to quickly bring new services to market through connections with thousands of content providers.

The platform also helps KTF reduce risk and costs by delivering services on existing network infrastructures.

The system, which is updated on a real-time basis, enables KTF to generate consolidated customer service faster and more accurately, processing more than 60 million transactions daily at an average processing speed of one millisecond per transaction.