STOCKHOLM, November 26, 2010 /PRNewswire/ -- Ascade, the global market-leader in advanced Routing & Trading, Billing and Quality of Service solutions for the Interconnect market, today announced that, Kyivstar GSM Operator (Kyivstar), a Kiev based telecom operator, has decided to implement the Ascade Suite including AscadeRoute, AscadeActivate and AscadeAssure to manage their complete retail and wholesale business. Kyivstar has performed a thorough evaluation process resulting in the Ascade solution becoming a central part of its advanced business decision and management environment. The decision to implement the Ascade solution is a result of growing volumes of voice traffic, increased business complexity and expectations of improved profitability.

With AscadeRoute Kyivstar will further strengthen its end-to-end business process for advanced wholesale and interconnect services by automating its complete interconnect business. As a result Kyivstar can proactively react on new pricing opportunities supported by active trading functionality and secure a superior quality of service thanks to the AscadeAssure test calling capabilities. Followed up by instant implementation of routing orders on to the switch with the advanced switch provisioning tool in AscadeActivate the voice management process will be fully automated.

Kyivstar's Head of Intercarrier Business Department, Mr. Alexander Medyanovskiy comments: "Wholesale Business is one of the focus areas for Kyivstar and having established a successful carrier business we are now ready to take this operation to the next level. Full automation and end-to-end support that the Ascade system offers will give us the means to excel even more on quality, revenue and margins whilst at the same time guaranteeing accuracy in each step of the way. One of the key vendor selection criteria was to team up with a reliable company that has an excellent track record with numerous implementation projects which we are convinced to have found in Ascade."

Mr. Klas Peterson, CEO of Ascade contributes: "Geographically the Eurasia region is of strategic importance to us and we are pleased to expand our footprint into Ukraine. When Kyivstar, this country's leading mobile and wholesale operator, decides to trust Ascade we are of course honoured. With more than 10 years of experience and more than 40 new installations Ascade will together with Kyivstar have all the means to implement the leading tool for a successful business."

About Kyivstar

Kyivstar is the number one mobile operator in Ukraine and with the recent merger with Beeline the total customer base exceeds 24,5 million subscribers in Ukraine. As the market leader within mobile communication Kyivstar's currently has about 4,500 employees provide the largest number of Ukrainians with the opportunity of having high quality, reliable and affordable mobile communication. The goal is <>. Kyivstar provides GPRS services all over its coverage territory in Ukraine as well as international GPRS-roaming in 146 countries/territories.

About Ascade

Ascade is the leading provider of advanced interconnect business solutions for voice and data traffic. Our expert's ability to combine advanced and innovative yet user-friendly software with a strong carrier industry expertise powers our clients to attain a competitive edge on the wholesale voice market.

Customers include Lebara, Reach, TalkTalk, Orange, Tata Communications, iBasis, Telenor Global Services, IDT, SingTel, Telekom Malaysia, Etisalat, Saudi Telecom, du, Qtel, Mobily, Allstream, Elion, Gateway Communications, Rostelecom, PT Telekom, Korea Telecom, T-COM Croatia, Telekom Slovenjie, CTM Macau, Sunrise, Telekom Austria, Starhub, Mobile1, and many more.

Ascade AB is a privately held company owned by founders and leading Nordic investment firms CapMan, listed on the Helsinki Stock Exchange, and SEB Venture Capital, the venture capital division of Nordic financial services group SEB, listed on the Stockholm Stock Exchange. Through its presence in Sweden, US, Dubai, and Singapore, Ascade provides support to its customers worldwide.

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Contact: Klas Peterson, CEO, Ascade AB, Email: sales_emea@ascade.com Ascade AB Soder Malarstrand 29, P.O. Box 38176, Tel: +46-8-616-73-00, Fax: +46-8-545-90-427 SE-100 64 Stockholm, Sweden, http://www.ascade.com

SOURCE: Ascade

CONTACT: Contact: Klas Peterson, CEO, Ascade AB, Email:sales_emea@ascade.com, Ascade AB, Soder Malarstrand 29, P.O. Box 38176,Tel: +46-8-616-73-00, Fax: +46-8-545-90-427, SE-100 64 Stockholm, Sweden