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Telefonica Movistar Chooses XIUS’s Payment Manager Solution to Power its Electronic Prepaid Recharge Program

June 7, 2011

WOBURN, Massachusetts, June 7, 2011 /PRNewswire/ — XIUS, a leader in
delivering innovative telecommunications solutions for mobile operators and
MVNOs worldwide, today announced that Telefonica Movistar has chosen XIUS’s
Payment Manager Solution to power its electronic prepaid recharge service in
five Latin American countries: Panama, El Salvador, Nicaragua, Costa Rica and
Guatemala.

Telefonica is one of the world’s largest telecommunications companies,
offering communications solutions in 25 countries. The five combined
operations which have selected XIUS, total more than 6.4 million mobile
telephone subscribers.

“These five countries are markets with steadily growing
telecommunications sectors. Fixed line tele-density in these areas was
traditionally very low, and as a result the mobile phone has become the
preferred method of communication, with prepay as an especially popular
option,” says G. V. Kumar, Managing Director of XIUS. “Our Payment Manager
solution offers subscribers in these areas a simple way of topping up the
minutes on their mobile phone and gives Telefonica greater flexibility in the
management of its distribution chain.”

About XIUS

XIUS is a technology specialist which focuses on the real time
transaction process, in three main areas: Network Infrastructure and Prepay,
Mobile Commerce and Mobile Advertising. XIUS believes in innovation,
flexibility and operational excellence and the client’s priority is its core
value.

XIUS offers its services in a management services model, which allows
clients to rapidly launch and market their services.

XIUS has more than 380 employees worldwide. Its corporate headquarters
are in Woburn, Massachusetts, and its Global Delivery Centre is in Hyderabad,
India
. Our firm belief in innovation is reflected in the filing of 105 patent
applications, with 23 accepted to date.

XIUS has been providing telecommunications services to mobile operators
for more than 20 years. For more information visit our website at:
http://www.xius.com

Telefonica

Telefonica is one of the world’s leading integrated telecommunications
operators in the provision of communication, information and entertainment
solutions, present in Europe, Africa and Latin America. It is present in 25
countries and has a customer base of over 287.6 million through December 2010.

The Group is ranked fifth in the world in the telecommunications sector
for stock market capitalization, first in terms of integrated European
operators, and third in the Eurostoxx 50 ranking, which lists the best
companies in the Euro zone (31 December 2010).

Telefonica is a completely private company with more than 1.5 million
direct shareholders, which trades on the continuous market in the Spanish
stock exchanges (Madrid, Barcelona, Bilbao and Valencia) and on those of
London, Tokyo, New York, Lima, Buenos Aires and Sao Paulo. The company has
one of the most international profiles in the sector as it generates more
that 60% of its business outside of its domestic market, and it is the
benchmark operator in the Spanish-Portuguese speaking market.

In Spain, the Group has built up more than 80 years of experience since
it was established in 1924, providing services to more than 47.5 million
customers at the end of December 2010. In Latin America the company provided
services for more than 183.7 million customers as of 31 December 2010, making
it the leading operator in Brazil, Argentina, Chile and Peru with significant
operations in Colombia, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua,
Panama, Puerto Rico, Uruguay and Venezuela. In Europe, in addition to Spain,
the company has a presence in the United Kingdom, Ireland, Germany, the Czech
Republic
and Slovakia, providing services to more than 56.2 million customers
at the end of December 2010.

Contact: Jim Hunt XIUS +1-207-632-1916 jhunt@xius.com

.

SOURCE XIUS


Source: newswire



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