Millicom to Provide Roaming Services to over 280 million subscribers
Emerging Markets Specialist Millicom Extends Contract with MACH to Provide Roaming Across 3 Continents
Luxembourg-/March 15, 2007 - Wi-Fi Technology News/- MACH, the leading global clearing and settlement partner for mobile based transactions, today announced that Millicom International Cellular SA, has renewed its partnership to provide roaming services to over 280 million subscribers in Latin America, Asia and Africa.
The deal not only includes MACH?s core services, Data and Financial Clearing, Millicom will also benefit from a comprehensive Fraud Management solution designed to minimise losses from roaming fraud. This long-term agreement is testament to Millicom?s continued confidence in MACH as a reliable partner whose robust solutions fit with each operator?s business needs.
The partnership will allow MACH to extend its global expertise in the industry by forming a stronger framework with all of Millicom?s 16 operators and deploy its solutions across a number of countries like Columbia, Guatemala, Honduras, Ghana and Mauritius.
Terence Ledger, Chief Commercial Officer of MACH commented ?Millicom?s partners operate in a number of countries where the markets have undergone major economic transformation over the past few years. As fixed line networks in some of these countries have limited capabilities, high quality mobile connectivity is vital as their economies are now linked with the rest of the World. This demand for service requires reliable and robust solutions that MACH can provide.
We feel privileged that the Millicom Group has extended our long-standing partnership. MACH prides itself on being a reliable partner and we look forward to continuing our long term partnership to provide an unparalleled focus on the global emerging markets.?
About MACH
MACH is the leading global clearing and settlement partner for mobile based transactions. We help telecommunications companies and enterprises across the world to secure and develop existing and new revenue streams. We specialise in outsourced solutions within roaming clearing and billing, Interconnect and WLAN. In addition, we deliver mobile content services through the independently operating brand End2End as well as EDI under the Progrator brand. Our global client base comprises the leading international telecommunication companies, including established national operators on five continents and new licensees worldwide. With more than 500 employees and offices in 11 countries throughout the world, we combine global expertise and operations with local knowledge in each of our markets. For further information please visit http://www.mach.com
About Millicom International Cellular SA
Millicom provides affordable, widely accessible and readily available prepaid cellular telephony services to 12.8 million customers in 17 emerging markets in Latin America, Africa and Asia, where the basic telephone service is often inadequate and where economic development and rising personal income levels are creating increasing demand for communication services. Millicom?s proven prepaid, mass market distribution and perceived price leadership strategy have enabled it to continue to pursue high growth while delivering operating profitability. Millicom?s shares are listed on the Nasdaq Stock Market under the symbol MICC and on Stockholmsb?rsen under the symbol MIC. For further information, please visit http://www.millicom.com
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