Amsterdam, Netherlands and New York, United States
Connectiva Systems, a leading provider of revenue management solutions to the telecom industry worldwide, announced that it had been awarded a multi-million dollar contract by Celtel International, the leading pan-African mobile telecommunications company.
Celtel International, a subsidiary of Zain (formerly called the MTC Group) serves over 30 million active customers across 14 countries in Africa. Connectiva's award-winning revenue management product suite - ONEREViEW(TM) will be deployed across all 14 Celtel operations in Africa starting immediately. This is a significant customer win for Connectiva, which was chosen by Celtel over other suppliers. This contract expands the company's footprint across Africa dramatically, and consolidates Connectiva's leadership in the Middle East and Africa region, where it is already under contract with operators in Kuwait, Iraq, Bahrain, Jordan, Tunisia, and Egypt.
Commenting on the occasion, Sam Deeb, Chief Financial Officer of Zain said, "Our decision to award this critical contract to Connectiva was driven by the compelling business case associated with their solution. We also felt very comfortable with the capability of ONEREViEW(TM), which has been implemented successfully in other developing economies around the world. Connectiva's track record of success and their ability to craft a solution around our specific needs played a big part in our decision to partner with them."
"We are looking forward to stepping up our engagement with Celtel to help them meet their aggressive corporate objectives," said Avi Basu, CEO of Connectiva Systems. "Progressive operators like Celtel understand the correlation between world-class revenue management processes and outstanding financial performance. We look forward to helping Celtel International unlock profits and enhance shareholder value over the coming months."
About Celtel
Zain subsidiary Celtel International operates in 14 countries in Africa and is the most successful pan-African mobile network, offering telecommunications services to more people in Africa than any other network, 24.77 million active customers as at 30 September 2007. The company is one of the best-known branded businesses in Africa with mobile licenses covering more than 430 million people, half of Africa's population. Under the brand promise of 'Making Life Better', the company is committed to achieving sustainable development of telecommunications in Africa. The company currently operates in Burkina Faso, Chad, Democratic Republic of Congo, Gabon, Kenya, Madagascar, Malawi, Niger, Nigeria, Republic of Congo, Sierra Leone, Tanzania, Uganda and Zambia. Recently the compant acquired a mobile license in Ghana and expects operations to commence in the first half of 2008.
For more, please visit: www.celtel.com & www.zain.com
About Connectiva Systems
Connectiva Systems makes software that allows telecom operators get more performance and productivity from their existing infrastructure (IT systems & BSS/OSS assets).
Connectiva is a global leader in implementing revenue management solutions for the telecom industry and has been recognized as one of the fastest growing software companies in the world today. Connectiva's award-winning flagship product is ONEREViEW(TM) - whose unique process-driven approach helps service providers improve their business and financial performance dramatically. Operators who have partnered with Connectiva to identify and recover over $200 million in revenue leakage include Bharti Airtel, BSNL, Zain, Wataniya Telecom, Idea Cellular, Tunisiana, Etisalat and Cable & Wireless.
www.connectivasystems.com
Source: Business Wire (Business Wire India)