Intec Secures Billing Contract with VimpelCom Subsidiaries
Intec has signed and implemented a group license and services agreement for its Interconnect intercarrier billing solution with several VimpelCom subsidiaries. Valued at nearly US$2 million dollars, the new contract will enable Russia's major mobile operator to roll out Intec Interconnect throughout the CIS, with subsidiaries going live with the system by the end of this year in Uzbekistan, Ukraine and Armenia.
The agreement is an extension of a long-term customer relationship between Intec and VimpelCom, which has been a user of Intec's billing solutions since 2003.
"Our services and licenses deal with Intec is a very significant business decision for VimpelCom as it enables us to maximise our revenue streams from our complex intercarrier agreements in regions with very strong levels of growth," said Andrey Batalov, Head of IT Development in Russian regions and CIS, VimpelCom. "Uzbekistan, Ukraine, and Armenia in particular are countries with large numbers of mobile customers and strategic plans for market expansion. With relatively low cost we can use the services and licenses agreement to roll out Intec Interconnect quickly and seamlessly and with minimal risk, thereby enabling us to generate a substantial income from these operations on day one and ultimately giving us the competitive edge we need to remain a market leader in these regions."
Once the Intec Interconnect systems go live in Uzbekistan, Ukraine, and Armenia, VimpelCom will continue expansion by rolling out the solution in Tajikistan as well in 2008.
Posted to the site on 18th December 2007