May 14, 2007
Connectiva announces multiple customer wins, undertakes global expansion
Additional investment to support strong sales growth
May 15, 2007
New York City
USA
Connectiva Systems, a leading provider of revenue and performance management solutions to the telecom industry worldwide today announced that it has been awarded several multi-million dollar contracts by telecom operators globally. Telecom service providers who have chosen Connectiva's award-winning product ONEREViEW™ for deployment include:
- One of Asia's largest wireline service providers
- Two mobile communications companies in North Africa
- Three telecom operators in Sub Saharan Africa
- A leading mobile service provider in the Middle East
Connectiva Systems was awarded these contracts after an exhaustive competitive bidding process that lasted several months. These sales wins reflect the leadership of Connectiva's revenue management solutions in the Asia Pacific, MENA (Middle East & North Africa) and Sub-Saharan African regions.
The company also announced that it would expand geographically and open offices in Kuwait City and Singapore to serve customers better and to leverage sales momentum in the Middle East, Africa and North Asia.
"We are very pleased with the market acceptance of our solutions, and have undertaken this expansion to help us capitalize on existing and new opportunities. Furthermore, we have also doubled the headcount of our world-class research and development team in Kolkata, India," said Avi Basu, CEO, Connectiva Systems, "which is indicative of our commitment to be one of the leading global software product companies."
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. Kaustav Ghosh
kghosh@connectivasystems.com
+91 33 2357 7531