Core Insights - The acquisition of Optiva by Qvantel has been successfully completed, enhancing Qvantel's position in the digital BSS and telecom solutions market [1][5] - The combined organization now serves over 70 operators in more than 40 countries, supported by a workforce of over 1,000 professionals [2][14] - The early market response has been positive, with four new customer contracts signed in the last three months, indicating strong market momentum [2][3] Company Overview - Qvantel and Optiva together provide a comprehensive monetization and digital operations portfolio, enabling operators to accelerate growth and reduce operational costs through low code/no code configuration and AI-driven automation [3][4] - The Qvantel Flex Suite, which includes Optiva's software, allows for rapid changes in offers, pricing, and processes, significantly reducing time to market and cost of change [4][5] Market Position and Strategy - The telecom industry is evolving slowly, but the combined capabilities of Qvantel and Optiva position them to capitalize on emerging opportunities, particularly in AI and enhanced digital services [5] - The collaboration has already resulted in new customer wins and a strong pipeline, demonstrating demand for their unified strengths and agile approach [5] Financial Details of the Acquisition - Under the acquisition arrangement, Qvantel acquired all issued and outstanding common shares of Optiva for cash consideration of $0.25 per share, and holders of senior secured notes received a combination of shares, notes, and warrants [5][9] - Following the completion of the arrangement, Optiva Inc. was dissolved, and its common shares are expected to be delisted from the Toronto Stock Exchange [9][11]