Hoboken, NJ; September 6, 2018 – Cablenet, one of the fastest growing privately-held telecommunications companies in the Mediterranean, is using solutions from OpenVault to ensure alignment of customer usage with optimal bandwidth packages and to enable direct communication with subscribers.

Cablenet will use OpenVault’s CommsPlus and Rating & Charging modules to significantly improve user experiences by adopting a communication notification system and a usage management tool. CommsPlus provides Cablenet customer service representatives and subscribers with critical subscriber usage details as well as automated E-mail notification to subscribers when they approach/cross thresholds. The Rating & Charging module enables Cablenet to perform Usage Based Billing rating; manage quotas and subscriber HSD usage; deploy flexible service product/packages; and ultimately, provide optimal bandwidth service for both average and power-users alike.

The agreement is the latest stage in a multiyear relationship between Cablenet and OpenVault, a leading provider of industry analytics and technology solutions for broadband operators, and part of an expanding OpenVault presence in Europe.

“As one of the region’s leading providers of telecommunications services, Cablenet is committed to investing in technology and infrastructure to offer the fastest, most innovative and cost-effective subscriber experience available,” states Nicolas Shiacolas, Cablenet CEO. “By extending our relationship with OpenVault, we illustrate this commitment to innovation and continue to set industry standards throughout Europe in speed, affordability and customer satisfaction.”

Mark Trudeau, OpenVault’s founder and CEO adds, “Cablenet is a true industry pioneer that is committed to providing its subscribers with the latest and most innovative solutions available in a rapidly evolving landscape. With the adoption of OpenVault’s CommsPlus and Rating & Charging modules, Cablenet sets the bar for European providers not only to optimize market opportunities but to proactively anticipate subscribers’ usage needs and network capabilities.”

About Cablenet

A leading and contemporary organisation, Cablenet is the only completely independent telecommunications provider in Cyprus, with its own network, new generation infrastructure, specialised workforce and a fully integrated support system for high performance level services in the telecommunications sector: integrated broadband services, premises connectivity services on both local and international levels, fixed telephony services and of course cloud services and hosting services. Cablenet has Points of Presence in all cities around Cyprus, interconnected with multiple rings for seamless performance, as well as equipment and backup systems for high availability. Abroad, Cablenet is interconnected with high international bandwidth via multiple submarine cable systems to international points in London, Frankfurt, Marseille and Athens that are fully interconnected with each other, with high bandwidth terrestrial fiber optic circuits, thus ensuring maximum backup of its international MPLS network.

About OpenVault

OpenVault’s solution suite tracks broadband data usage consumption levels for millions of subscribers and helps operators across the globe better manage their networks, saving time and costs while increasing revenue and subscriber satisfaction. Network operators use OpenVault’s easy-to-use tools to dramatically improve visibility into their networks and automate management functions to proactively handle congestion, forecast network requirements, monetize broadband growth and communicate with subscribers. For more information, please visit openvault.com.

For media inquiries, please contact: Paul Schneider at pspr@att.net or +1.215.817.4384

Kristen Nihamin at knihamin@openvault.com or 917-509-9028