The MTC Group is one of the leading telecom providers in the Middle East region. Commenting on the occasion, Dr. Saad Hamad Al-Barrak, Director General of the MTC Group said, "Our partnership with Connectiva Systems forms an integral part of our strategy to enhance shareholder value. We were looking to partner with an innovative company who could grow with us as we instituted controls across our global operations. We chose Connectiva Systems over competing solutions as it offered us unprecedented visibility into our business processes as well as an unmatched return on our investment."
Mr. Mark Trudeau, CEO of Connectiva Systems added, "The MTC Group's decision validates the superiority of Connectiva's process-driven solution in the market. We look forward to working with them and helping them architect a best-in-class revenue assurance strategy."
Mr. Sam Deeb, Group Chief Financial Officer of MTC Group added, "ONEREViEW is a flexible and modular solution that allows us to scale according to our business needs. Furthermore, the solution also gives business users the ability to control our revenue cycle, with minimal intervention from the IT department. We are looking forward to deploying ONEREViEW in as many properties as possible."
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MTC Group chooses Connectiva for revenue assurance
- Kuwait: Sunday, May 08 - 2005 at 09:20
- PRESS RELEASE
Connectiva Systems, a leading provider of revenue assurance solutions to the telecom industry worldwide today announced that Mobile Telecommunications Company (MTC), a leading wireless carrier headquartered in Kuwait has chosen ONEREViEW, Connectiva's revenue assurance product as the foundation for its global revenue maximization effort.
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About the MTC GroupMobile Telecommunications Company (MTC) was founded in 1983 and is one of the largest mobile operators in the region with over 3.5 million customers across the region in Kuwait, Bahrain, Jordan, Iraq and Lebanon. MTC is listed on the Kuwait Stock Exchange and has achieved a sound reputation for high level of business successes, often exceeding investor's expectations.
In September 2002, MTC entered into a Partner Network Agreement with Vodafone, the world's leading mobile community. The agreement was the first of its kind in the Middle East and has been followed with an agreement in Bahrain.
The MTC Group now operates in five countries. In Kuwait and Bahrain the company is known as MTC-Vodafone and in Jordan as Fastlink. 2004 has seen significant developments in the company's desire to become an internationally recognized regional company with the launch of the Atheer service in Iraq and the decision by the Government of Lebanon to handover the management of LibanCell, known today as MTC Touch.
In March 2005 MTC signed a binding agreement with the intention to purchase Celtel which has 13 operations in Sub Saharan Africa with over 5.2 million customers. This is in line with MTC's 3x3x3 strategy, which entails becoming a global operator by 2011.
About Connectiva Systems
Connectiva Systems is a leader in implementing revenue assurance solutions for the
telecom industry. The Connectiva team has helped over 75 service providers in four continents on operations, finance and business system related issues. Connectiva's unique process-driven approach helps service providers improve their business and financial performance dramatically.
Connectiva Systems is privately held and is headquartered in New Jersey, USA with a global R&D centre in Kolkata, India, and sales offices in New York, London and New Delhi.
www.connectivasystems.com
Contact:
Connectiva Systems The MTC Group
Mr. Alan Phillips Mr. Hussein Ashkanani
+44 7801289101
Posted by Anne-Birte Stensgaard, Senior News EditorSunday, May 08 - 2005 at 09:20 UAE local time (GMT+4)
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