Telcordia Technologies
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| Telcordia Technologies, Inc. | |
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| Type of Company | Privately Held by Providence Equity and Warburg Pincus |
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| Founded | 1984 |
| Headquarters | Piscataway, New Jersey |
| Key people | Daniel J. Carroll, Jr., President |
| Industry | Telecom Research |
| Website | www.telcordia.com |
Telcordia Technologies, formerly Bell Communications Research, Inc. or Bellcore, is a telecommunications research and development (R&D) company based in the United States and created on January 1, 1984 as part of the 1982 Modification of Final Judgment that broke up the Bell System. Bellcore provided joint R&D, standards setting, and centralized government point-of-contact functions for its co-owners, the seven Regional Holding Companies that were themselves divested from AT&T as holding companies for the 22 local Bell Operating Companies.
Bellcore's initial staff and corporate culture drew heavily from the nearby Bell Labs locations in northern New Jersey, plus additional staff from AT&T and the regional operating companies.
In 1997, the company was acquired by Science Applications International Corporation (SAIC). Since it no longer had any ownership connection with the Bell regional companies, the name was changed to Telcordia. Stake in the company was subsequently sold in November 2004 to Providence Equity Partners and Warburg Pincus, who currently both hold equal stakes in the company.
Telcordia provides core software and services that major communications service providers rely on [citation needed] to design, operate and support their networks, and deliver and administer their services. The main business dealings consists in providing Operations and Support Systems (OSS) and Intelligent Network, or I.N., systems. Other businesses include consulting and testing services and research services.
The company’s software and services enables its customers to reduce operating costs [citation needed] and maintain network reliability [citation needed], generate incremental revenue through the delivery of services on their networks [citation needed] and maintain government-mandated service levels. Telcordia has customers in both the fixed line and wireless markets.
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1984: Ameritech • Bell Atlantic • Bell Communications Research • BellSouth • NYNEX • Pacific Telesis • Southwestern Bell • US West |
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