WOBURN, MA, June 7, 2011 /CNW/ - 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
"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."
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:
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
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.
For further information:
Jim Hunt XIUS +1-207-632-1916 firstname.lastname@example.org