, 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 was a consortium established by the
Regional Bell Operating Companies upon their separation from AT&T. Since AT&T retained
Bell Laboratories , the operating companies wanted to have their own R&D facility. 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 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 and maintain network reliability , generate incremental revenue through the delivery of services on their networks and maintain government-mandated service levels. Telcordia has customers in both the
Fixed Line and
Wireless markets.
