May 2, 2008

Connectiva's study shows Telcos suffer $900 Million in revenue loss per year

Telecom Frauds, Download Leaks & Outdated Billing Systems ring in Losses, says the Connectiva CEO

May 03, 2008
New York City, USA
New Delhi, India

Economic Times, India's leading business publication, has published an article on revenue leakage faced by the Indian telecom industry after Connectiva System's recent survey revealed that the Indian telecom operators forgo almost $900-million in revenue every year. While speaking with the correspondent, Connectiva Systems CEO Avi Basu, says, "Taking an average revenue per user (ARPU) of $10 (Rs 400) per user for over 250 million users, the revenue generated per month comes to almost $2.5 billion or $30-billion per annum. Taking a very conservative 3% revenue leakages, the loss comes to almost $900-million per annum."

The article was published on Economic Times's New Delhi edition on the 2nd May 2008. It has also been published on indiatimes.com, one of India's leading portals. Click here to read it online

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™ - 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.

Contact:
Mr. Kaustav Ghosh
kghosh@connectivasystems.com