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Company overview

Basset’s main ambition is to help operators around the world get more from their businesses by offering smart services and solutions for inter-operator billing and revenue assurance. Our solutions ensure operators get paid for every transaction in their networks without loss or attempted fraud. Our services portfolio is designed specifically for operators and allows them to focus on their core business. By always delivering on time, at the right cost and with minimal impact on our customers' daily operations, we continually strive to make our customers feel secure and confident.

 Past, present and future 
Our background

Our deep insight about the telecom market is rooted in our history. Basset started in 1996 as a spin-off from Comviq, one of the first GSM operators in Europe. We brought telecom experience together with R&D resources to form a company focused on delivering state-of-the-art business support systems to telecom operators who were challengers in the rapidly changing telecom markets around the world.

 

These operators could not afford never-ending installation projects. They needed to be up and running as fast as possible. And their staff needed to be well trained. We were forced to create and deliver better solutions than our competitors in order to survive.

 

Simplicity is key

We quickly learned that we needed to take the most straightforward approach. So we designed a very flexible platform. By building our solutions on modules, we could easily adapt them to suit all business requirements and operational conditions. We also made our solutions extremely easy to use so our customers could start using them right away. We continue to work this way.

 

Learning from experience

Through the years, we have gained valuable experience and knowledge about how to meet different business needs from our work with hundreds of operations around the world. The result is a delivery model that influences all our products and services and that saves time and money for our customers.

 

Our history has given Basset a unique position in the market and explains why our solutions are more cost efficient, easier to use and faster to implement.

Part of a larger group

Basset has grown organically into a very strong company that delivers world class solutions and services. We have remained a self funded and financially strong business and part of the Kinnevik Industrial Group. Founded in 1936, Kinnevik is one of the largest listed investment companies in Europe.

 

We are proud of our history as well as the fact our growth strategy has proven very successful. We are confident we will continue to deliver smarter solutions and build an even stronger delivery and service organization for many, many years to come. Our vision is to be the number one choice for every operator wishing to obtain more value. 

 

Creating solutions for today and tomorrow                     

The product development process is the core of our company. It ensures our solutions are constantly and rapidly evolving. When defining and developing our solutions, we listen closely to our customers and make sure they take part in determining the content of new releases. This, together with our industry intelligence, participation in GSMA and other forums, ensures that a solution from Basset is always competitive – now and in the future.

 

Our global presence                     

Our footprint now includes more than 70 customers in 65 countries. Several of these customers has more than one soution installed. Working with so many operators around the world has given us experience that makes us the ideal partner when you want to grow your businesses. It ensures that we understand your needs and can provide fast answers and quick actions.

                     

 Management  

   

 - Jesper Wikström Förne, Chief Executive Officer

Jesper joined Basset in 1998 and has held several positions within the company, including sales management, account management and project management for both integration and R&D projects. He has been the CEO of the company since 2002. Prior to joining Basset, Jesper consulted within software development, working within several major Swedish industries. Jesper holds a Master of Science Degree in Mechatronics from the Royal Institute of Technology (KTH) in Stockholm, Sweden.

 

 

 

- Johan Norborg, Chief Technology Officer

Johan has more than 20 years of experience in IT and telecom, working as a developer, consultant and product manager. In his most recent position, Johan was responsible for a product management unit within Ericsson. His eight years at Ericsson also included international assignments. He was previously employed at Cap Gemini, which provided valuable insight into both telecom operations and software development. Johan holds a Master of Science from the Royal Institute of Technology (KTH) in Stockholm.

 

- Christian Ledin, Chief Operations Officer

Christian joined Basset in 1998, and has held several positions within the company, including training and project management and key account management. He also served as Regional Manager Americas for the Miami branch in Florida. Previously, Christian worked within Kinnevik as a telecommunication consultant. Christian holds a diploma in engineering/electronics.

 

 

- Anders Smedberg, Executive Vice President Sales and Marketing

Before joining Basset in 2009, Anders worked for a number of international companies that provide SW, IT solutions and services within the telecom, IT and financial market industries. Anders has more than 10 years of experience in senior management positions, specializing in sales management, strategy reformation, creation and execution of business plans, as well as new product launches. Anders holds a bachelor degree in strategic marketing and business economics from IHM Business School in Stockholm.

 

 

 

- Nancy Kuronen, Chief Financial Officer

Nancy has been the CFO of Basset since it was founded in November 1997. She joined the Kinnevik Group the year before as the CFO of Datametrix, another group company. Nancy worked at Motorola Inc for several years prior to Kinnevik.

 

- Magnus Nordlöf, Senior Advisor

Before joining Basset in 2002, Magnus held managerial positions at both Telia Sonera and Swedtel, where he worked with global business development in several areas. As Key Account Manager at Basset, working on solving roaming business challenges for several clients, Magnus now heads the team formed around solutions and services in that area. Magnus holds a B.Sc. Social Studies & Labor Relations from Stockholm University.

 

 

- Claes Hiort, Executive Vice President

Claes joined Basset in December 2000. Claes has 28 years of experience within the telecom business and held management positions at Ericsson between 1982 and 1989 where he was engaged in sales to Southeast Asia. He joined the Kinnevik Group in 1991 as part of the team that launched Comviq GSM AB as one of the first GSM operators in the world. Claes held various management positions, such as Procurement Director at Comviq GSM AB and Tele2 AB between 1991 and 2000. Claes received an MBA from IHM Business School in Stockholm, Sweden.

 Board of directors 

- Henry L. Guy - Chairman of the Board
Henry L. Guy is the President & CEO of Modern Holdings.  He has overseen and managed investments in over 30 portfolio companies. Prior to joining Modern Holdings, Henry was the Chief Financial Officer at Ephibian, Inc. a leading software development firm which focuses on developing comprehensive database driven software applications. Before Ephibian, Henry served as an officer in the United States Navy. Henry serves on a variety of boards including those of Metro International S.A. (OMX MTRO SDB B), Anima Regni GP LLC, Basset AB, Audit Value International S.A., and Tailormade AB.  Henry serves on the Board of Visitors for Vanderbilt University’s Owen Graduate School of Management. Henry holds a Bachelor of Science degree in Economics from the United States Naval Academy and a Masters of Business Administration from Vanderbilt University.

 

- David Marcus
David E. Marcus is co-founder, chief executive officer and chief investment officer of Evermore Global Advisors, LLC and portfolio manager of the Evermore Value Funds. Mr. Marcus has more than 20 years of experience in the investment management business at a variety of firms including Mutual Series Funds and Franklin Mutual Advisors. He has served on the board of directors of numerous companies, including Novestra AB, Pergo AB, Scribona AB (as Chairman of the Board), Miltope, Inc., Modern Times Group AB as well as at Basset AB, Tailormade Consulting Group Sweden AB and Xpeedio Support Solutions AB.

- Joachim Zetterlund
Joachim Zetterlund serves on a number of Boards including Basset in addition to performing his Management Consulting business. Prior to starting his own consulting business Joachim spent +20 years in the IT industry holding Sales, Sales Management and General Management positions in Sweden and Europe covering Hardware, Software and Consulting Services businesses. Joachim has a proven track record in driving turn around, growth and significant productivity increases in roles such as EVP Europe and Country Manager UK at CoreChange, Managing Director of the Preferred Accounts Division at Dell Computers UK, Managing Director and EVP Northern Europe at Cambridge Technology Partners Scandinavia, Marketing and Sales Development Manager Europe at Digital Equipment Switzerland and several Sales and Sales Management positions at Digital Equipment Sweden.

- Jens Björkman
During the past 14 years, Jens Björkman has had many different roles on both the commercial and technical side of the Telecom and Utility software business. He has since 2002 been the President and CEO of Xpeedio. During this period he has been responsible for the complete restructuring of the company's business model, leading to a rapid growth within new markets. For the past six years Jens has also been the CEO of TailorMade.  Besides expanding TailorMade’s business in the Telecom Billing market he has also initiated the entrance into the Utility Billing market in 2005, a market in transformation into the new era of smart metering. Mr. Björkman has a Business School degree in Marketing.
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