Intec wins high-value collaborative sourcing deal in Indonesia

Tuesday 25 May 2004 18:41 CET | News

Intec Telecom has signed one of the largest deals in the Companys history for the supply of software and associated services to a customer in the Asia-Pacific region. This Indonesian government-backed project, which will create the first and largest Inter-carrier Traffic Clearing System in the territory, will begin implementation during the latter half of 2004 and will continue into 2005. Intec does not expect that revenue from the deal will have a material impact on its current 2004 financial performance, but that it will be able to recognize the majority of the contract value in its 2005 business year. The agreement will last ten years. The contract allows Intec to provide a complete suite of products that complement the end to end process of the Intercarrier Traffic Clearing System. These processes include the collection and mediation of CDRs right through to the rating process as well as the reconciliation and settlement processes. Among the products implemented are both of Intec’s flagship applications, convergent mediation and interconnect billing systems, both leaders in their respective fields and widely used among major carriers worldwide. The selection of Intec followed a highly competitive evaluation against many other vendors, with a particular emphasis on performance and value in a high-volume environment. During this evaluation process Intec demonstrated a strong dominance through its solutions’ abilities, such as robustness, security, reliability, and scalability. Intec has been involved with its local partner, Pratama Jaringan Nusantara (PJN), right through from the design phase to winning the project. The deal is expected to substantially enhance the local presence of both companies.

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Categories: Payments & Commerce | Mobile Payments
Countries: World
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Payments & Commerce