Mar 24, 2008
Celtel International selects ONEREViEW™
Connectiva establishes clear leadership in Africa
March 25, 2008
Amsterdam, Netherlands
New York, USA
Connectiva Systems, a leading provider of revenue management solutions to the telecom industry worldwide, today 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™ 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™, 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
A fully owned subsidiary of the Zain Group, Celtel is the most successful pan-African mobile network, offering telecommunications services to more people in Africa than any other network. The company is one of the best-known branded businesses in Africa with mobile licenses covering more than 400 million people, close to 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. Celtel has more than 27 million customers and operates mobile cellular operations in 14 countries: Burkina Faso, Chad, Democratic Republic of Congo, Gabon, Kenya, Madagascar, Malawi, Niger, Nigeria, Republic of Congo, Sierra Leone, Tanzania, Uganda and Zambia. The company's mobile telecommunications operations in Ghana will begin in 2008. For more information please visit www.celtel.com
Zain is the new brand name for MTC, the leading mobile telecommunications provider in the Middle East and Africa which operates in 22 countries and has more than 42.5 million customers in 22 countries. The company operates under the Zain brand name in Bahrain, Iraq, Jordan, Kuwait and Sudan. In Lebanon the company operates as mtc-touch. Zain plans to commence operations in the Kingdom of Saudi Arabia in 2008. For more information visit www.zain.com
For more, please visit: www.celtel.com & www.zain.com
About Connectiva Systems
Connectiva Systems is a revenue chain management software company whose solutions enable telecom operators to improve business performance, productivity and profitability. Connectiva's award-winning ONEREViEW™ is a multi-application platform for revenue assurance, fraud management, and risk analytics, which can either be deployed as an integrated suite, or as independent applications.
Companies that have partnered with Connectiva to identify and recover more than $500 million in leaked revenues include leading global service providers such as the Zain Group, Cable & Wireless, Bharti Airtel, Etisalat, Qtel Group, and BSNL, among others. Headquartered in New York, the company is privately held and has offices in London, Mexico City, Bahrain, New Delhi, and Singapore. Connectiva's Global Innovation Center is located in Kolkata, India.
Contact:
Mr. Ola Akibola
+448707351470