Intec Wins Pakistani Billing Contract

Pakistan's Mobilink has announced the award of a contract worth in excess of US$1.5 million to Intec, for the supply of core components from its Settlement product family, Intec InterconnecT v7 and Intec Automated Reconciliation. Together these technologies will substantially enhance Mobilink's ability to invoice mobile and fixed interconnect partners, cutting billing costs and improving cash flow.

"Pakistan's telecommunications market is growing in complexity, particularly with the arrival of mobile companies offering content and IP-based communications, hence the need for a billing strategy that can reduce the cost and time associated with accurately reconciling large numbers of inter-operator agreements," explained Tariq Rashid, CIO of Mobilink, "Intec's interconnection billing solution has been selected for its proven capabilities in simplifying billing and reconciliation and we are confident that our investment will yield greater interconnect profitability and improved network performance."

"We are extremely pleased to continue our business expansion in this high-growth region with our latest contract in Pakistan," said Kevin Adams, Intec's CEO. "Intec's cutting edge technology will not only provide Mobilink with the opportunity to accelerate its settlement process and generate more revenue, but its will also make better use of the company's resources while reducing operating costs and streamlining business processes."

The Mobile World notes that Pakistan currently had 21.6 million mobile phone subscribers at the end of 2005 - with Mobilink (Pakistan Mobile Communications) having just over 11.1 million of those."

Posted to the site on 2nd February 2006