The acquisition is expected to close in the second quarter. Lightbridges INS business develops, delivers and supports the Lightbridge PrePay IN product, a leading Intelligent Network (IN) solution for wireless operators, which delivers real-time rating for innovative voice and emerging data services. Lightbridge also announced today that it has engaged the investment banking firms of Needham & Company, Inc. and Gridley & Co. LLC., to advise the Company on strategic alternatives for its Telecom Decisioning Services (TDS) business. Lightbridge expects to investigate a range of possible alternatives. No assurance can be given that any transaction will result from the exploration process that Needham/Gridley has been retained to manage.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now