Profile: Acotel Group SpA (ACO.MI)

Acotel Group SpA is an Italy-based holding company operating in the information and communications technology (ITC) industry. It operates in four areas of business: Value Added Services, providing services supplied to final customers (B2C) and to telephone and commercial companies; Mobile VAS Technology, that encompasses through Jinny Software Ltd a product portfolio of key mobile VAS applications, such as mobile text messaging, voicemail, missed call notification, as well as ringback tone, mobile advertising platforms, and Voice and VAS over mobile broadband; Security System Design, that develops and produces security systems that range from simple access controls to video-surveillance systems; and Mobile Telecommunications, offering mobile services via the distribution and operation of Subscriber Identity Module (SIM) cards, mobile payment and Voice over Internet Protocol services. As of December 31, 2011, it operated through numerous subsidiaries located globally.