Dallas, Texas 08/28/2013 (Financialstrend) – The GateKeeper 5.0 of Oracle Corporation (NYSE:ORCL) had recently been implemented at the Vodafone Hutchinson of Australia inorder to provide for the effective enhancement of the networking and application programming capabilities of the company and to thereby advance in the customer satisfaction and brand loyalty. This new communications solution would prove effective to improve the functionality of Vodafone’s networks in the Australian region of its operations and would thereby create new revenue streams through the simplification of partnerships with content providers and third party application stores.
Oracle Corporation (NYSE:ORCL) had announced that this upgradation made by the mobile telecommunications company with more than 6 million subscribers in the Australian region proves to be an effective value addition. It is further assured that this new communications service would prove effective to reduce the operational costs to the company. Oracle had always proved effective to innovate and develop such valuable solutions in the telecommunications sector to enable the clients to achieve efficient milestones in the customer satisfaction and financial performance results. Such solutions also assure to lower the maintenance and administrative costs of the clients through advanced and less time consuming solutions to their requirements.
Oracle Corporation (NYSE:ORCL) had closed on Tuesday at $31.78 per share and had thereby presented loss of 1.73% for the trading session. The stock was observed to be moving through the day to present intraday fluctuations in the range of $31.60 to $32.20 per share, while it presently has its 52 week low at $29.52 and 52 week high at $36.43 per share. Further, the stock had a trading volume of 16.06 million shares on Tuesday while the average level is at 18.02 million shares per day. There are 4.71 billion shares of the company which are traded in the markets and the institutional owners hold 60%.