22nd May 2008 07:00
eServGlobal Secures Major New Contract in Mexico
Sydney, 22 May 2008
eServGlobal Limited (LSE: ESG & ASX: ESV), a provider of end-to-end solutions, enabling smart communication and payment services for service providers on any generation network, today announced that it has signed a contract with a major Mexican operator for the delivery of a Number Portability solution in Mexico.
eServGlobal's NumberMax solution will be installed to meet the regulatory and commercial requirements of the operator for the forthcoming launch of Number Portability in Mexico. The solution will support fixed and mobile calls as well as messaging over both legacy and Next Generation networks. eServGlobal will deliver other applications after NumberMax becomes operational, allowing the operator to support multiple solutions concurrently and offer differentiated services to its customers.
This is the second major win in the Latin American market for eServGlobal in 2008 and continues our strong growth in the region. Number Portability allows fixed and mobile users to switch service providers while avoiding the cost and inconvenience of changing telephone numbers. It is becoming a regulatory requirement throughout the region, and this, in conjunction with our other products in the payment, retention and messaging sectors, will drive our growth in 2009 and beyond.
Mexico is the one of the fastest growing telecoms markets in the world, and the second largest market in Latin America. The mobile penetration level is currently around 60% of the country's 106 million population and is expected to reach 80% by 2010.
Laurent Lafarge, Chief Executive Officer of eServGlobal said "We are delighted to provide our NumberMax solution in the dynamic Mexico market. Whilst Number Portability is usually viewed only as a regulatory obligation, NumberMax in fact offers opportunities to reduce costs and generate new revenue streams. We are expanding our team in Latin America and look forward to further success."
About eServGlobal
eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and payment services for telecommunications service providers operating on all generation networks. eServGlobal's innovative solutions help service providers to grow new revenues, reduce churn, and lower costs. In addition, service providers are assured of seamless evolution to new network architectures, such as IMS and beyond.
As payment is crucial, eServGlobal's Charging Suite responds to increasingly sophisticated charging and billing challenges while providing advanced recharge and m-payment solutions. The innovative Retention Suite delivers targeted incentives to increase customer satisfaction and retention. Meeting customer demand for new communication experiences, the eServGlobal Messaging Suite enables reliable delivery of multimedia services such as unified messaging, video blog, SMS, and instant messaging. The Network Suite supplies enhanced personalisation and network optimisation.
Over 80 of the world's leading service providers, with over 400 million mobile subscribers in more than 50 countries, are taking advantage of eServGlobal's end-to-end solutions and expertise to quickly deliver revenue-generating services. With 14 offices around the world and staff from 20 different countries, we provide flexible solutions with ongoing product development, based on a deep understanding of our customers' challenges.
eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the London Stock Exchange AIM market (LSE: ESG). In the year to 30 June 2007, eServGlobal reported a net profit before tax of A$9.1 million, up 104% from the previous year. A dividend of 2 cents per share was paid. More information can be found at: www.eservglobal.com
Ian Buddery David Poutney / Brent Nabbs
Executive Chairman Numis Securities Limited (NOMAD)
eServGlobal Limited Tel: +44(0)20 7260 1000
For further information, please contact:
eServGlobal |
www.eservglobal.com |
Catherine Jeffcoat, Communications Manager |
T: +33 1 46 12 77 46 F: +33 1 46 12 77 49 |
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