SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2005
MER TELEMANAGEMENT SOLUTIONS LTD.
(Name of Registrant)
22 Zarhin Street, Ra'anana 43662, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82-__________
This Form 6-K is being incorporated by reference into the Registrant's Form F-3
Registration Statement File No. 333-128225 and Form S-8 Registration Statements
File Nos. 333-12014 and 333-123321.
MER Telemanagement Solutions Ltd.
6-K Items
1. Press release re MTS Signs Agreement with Large Provider of Converged
Network Solutions to Provide Billing Solutions for 3G Mobile, Fixed
and Interconnect Applications to Carriers in Three African Countries
dated November 28, 2005.
ITEM 1
Press Release Source: MTS - Mer Telemanagement Solutions Ltd.
MTS Signs Agreement with Large Provider of Converged Network Solutions to
Provide Billing Solutions for 3G Mobile, Fixed and Interconnect Applications to
Carriers in Three African Countries
Monday November 28, 8:30 am ET
RA'ANANA, Israel, Nov. 28 /PRNewswire-FirstCall/ -- MTS - Mer Telemanagement
Solutions Ltd. (Nasdaq: MTSL - News), a global provider of business support
systems for comprehensive telecommunication management and customer care &
billing solutions, has signed an agreement with one of the largest providers of
converged networking solutions to provide turn-key solutions for 3G Mobile,
fixed and interconnect billing to carriers in three African countries. The
networking solutions manufacturer expects to add carriers in additional
countries during 2006. Together, the manufacturer's network and MTS' billing
solutions provide a powerful resource tool for major carriers and service
providers.
Initially, the manufacturer plans to supply MTS billing solutions to African
carriers that provide mobile fixed-wireless and long-distance billing to their
subscribers. These carriers currently offer pre-paid and post-paid services.
Going forward, they plan to offer additional value-added services such as SMS,
MMS, WAP that are delivered via an Intelligent Network, calling cards and/or
Next Generation services. Additionally, plans call for service offerings to
business customers such as free numbers (1-800), premium services, VPN and
others.
Hanoch Magid, Vice President, Sales & Marketing, commented, "MTS solutions
simplify the customer care and billing processes for carriers and service
providers, enabling them to offer a variety of services as one converged
solution. Our solutions are flexible and fully scalable, allowing for service
modules to be added to carrier and service provider platforms as market demands
dictate. This obviates the need of having to buy additional billing systems.
MTS' offerings span the gamut from billing retail subscribers to provisioning to
customer care.
"MTS solutions are fully web-based and include a customer self-care portal that
allows customers to see their bills on-line and even order extra services and
products directly from their service provider. They can activate their requests
and even manage their payments," added Mr. Magid. "Our customer care module
enables carriers and service providers to easily manage customer queries and
enhance customer relationships by being closer to the customer and more flexible
to the changes in the market. Finally, MTS' billing software enables carriers
and service providers to manage the entire relationship with end-users and
partners as a way to drive up customer loyalty and to combat churn."
The MTS billing platform is fully scalable and hardware modules may be added at
any time to accommodate increasing subscribers and services. It is intended for
carriers and service providers of all sizes, offering a powerful partner
relationship management module designed to handle contracts, commissions, and
wholesaling.
The MTS billing solution is designed for the landline, wireless, Value-Added
Services/Content, IPTV and VoIP markets. The platform's interconnect billing
capability is ideally suited for carriers and service providers wishing to
reduce leakage in dealing with partner relationships, and offers a real
money-savings alternative.
MTS has implemented a sophisticated solution for the new Value-Added Services
that consists of a powerful rating system that can be integrated into a carrier
or service provider's main legacy billing system to reduce the risk and time to
market of the new services. The solution allows carriers and service providers
to bill for new services such as Video On Demand, Music On Demand, News On
Demand, Digital and Analog Video Channels and other interactive Value-Added
Services.
About MTS
Mer Telemanagement Solutions Ltd. (MTS) is a global provider of business support
systems for comprehensive telecommunication management and customer care &
billing solutions. MTS' business support system is a full-featured customized
solution for telecommunications management, Interconnect and customer care &
billing. Its telecommunications expense management solution is used by
corporations and organizations to improve the efficiency and performance of all
telecommunication and information technology operations, and to significantly
reduce associated costs. Its service providers and carriers solutions are used
to support sophisticated billing, web-based self-provisioning, partners
management and interconnect billing.
Headquartered in Israel, MTS markets through wholly owned subsidiaries in the
United States, Hong Kong, Holland, and Brazil, and through OEM partnerships with
Siemens, Phillips, NEC and other vendors. MTS' shares are traded on the NASDAQ
Capital Market (symbol MTSL). For more information please visit the MTS web
site: http://www.mtsint.com
Certain matters discussed in this news release are forward-looking statements
that involve a number of risks and uncertainties including, but not limited to,
risks in product development plans and schedules, rapid technological change,
changes and delays in product approval and introduction, customer acceptance of
new products, the impact of competitive products and pricing, market acceptance,
the lengthy sales cycle, proprietary rights of the Company and its competitors,
risk of operations in Israel, government regulations, dependence on third
parties to manufacture products, general economic conditions and other risk
factors detailed in the Company's filings with the United States Securities and
Exchange Commission.
Contacts:
Company Investor Relations:
Shlomi Hagai Kathy Price
Corporate COO & CFO Managing Director
MTS - MER Telemanagement Solutions The Global Consulting Group
Tel: +972-9762-1733 Tel: +1 646-284-9430
Email: Shlomi.Hagai@mtsint.com Email: kprice@hfgcg.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
MER TELEMANAGEMENT SOLUTIONS LTD.
(Registrant)
By: /s/Eytan Bar
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Eytan Bar
President and
Chief Executive Officer
Date: November 28, 2005