Comptel was founded in Helsinki, Finland in 1986; the trade register entry was made on June 30.

Initially the company was a system development and IT subsidiary of Helsinki Telephone Association.

In 2005, Comptel acquired EDB Telecom, a telecom subsidiary of a Norwegian IT company EDB Business Partner,[1] and in 2008, Axiom Systems, a UK-based software product company that focused on the broadband fulfilment market.

[3] Major hubs were in Helsinki, Kuala Lumpur in Malaysia, Lysaker in Norway and Reading, UK.

Comptel’s OSS product portfolio consisted of mediation, charging, policy control, fulfilment and provisioning and activation.