Tranche Update on nTels Co., Ltd.'s Equity Buyback Plan announced on January 27, 2022.
March 15, 2022 at 10:21 am IST
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From January 27, 2022 to March 11, 2022, the company has repurchased 120,000 shares, representing 1.2% for KRW 979.33 million. With this, the company has completed the repurchase of 120,000 shares, representing 1.2% for KRW 979.33 million under the buyback announced on January 27, 2022.
nTels Co., Ltd. is a Korea-based company engaged in the provision of software solutions for wire- and wireless-communications and broadcasting service areas. Its product portfolio consists of operations support systems used for services opening, accounts collection, gateways and analysis under the brand names of N-Mediator, N-Mediator, IMS, CGF, N-Activator, N-PSG; business support systems used for customer information and product information management, calculations and account data under the brand names of N-Rater, N-CCBS, N-PPS and others, and service platforms used for content management and user identification under brand names of W2CSP and N-Diameter. It is also engaged in the provision of convergence solution services.