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(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
