Zain has previously worked with Basset in Jordan and Africa, which has driven positive results
Kuwait, Stockholm - Zain Group, a pioneer in mobile telecommunications in 8 markets across the Middle East and North Africa, today announces its selection of Basset, the global market leader in interconnect billing, routing optimization and trading for the wholesale market, for the supply of a full Interconnect solution(TM).
Zain Group undertook a thorough evaluation of the existing systems in the market and found the Interconnect product by Basset to be the most suitable to provide it with the best support for its future growth; both within Kuwait and in its other operating companies.
Important factors in Zain Group's decision process were the identification of a platform in which all involved parts of the organization are able to work together as a team in one system; from interconnect billing and routing functions to quality management. Zain Group found an integrated platform in Interconnect by Basset; which uses one data model and one data source for all users where the complete team will benefit from using the same terminology.
Zain Group will further strengthen its end-to-end business process for wholesale and interconnect services utilizing the platform, and establish the general operations team in a solid position to handle expected growth for years to come.
Henri Kassab, Director Roaming & Wholesale Zain Group said: "With the start of our strategic project we seized the opportunity to choose the best solution for our partner agreements and settlement management processes. We chose to implement Basset's Interconnect solution knowing Zain Jordan and our former operations in Africa have won great results from doing so. Additionally, we valued being able to work closely with Basset regional services team."
Interconnect by Basset is a market-leading wholesale business management solution handling every kind of network traffic for local, regional and worldwide operators in a single, highly integrated platform, which provides highly efficient partner management, optimized traffic trading and routing through the network, accurate billing and settlement for all services including traditional voice, data, IP/content and GSMA roaming services.
Khalid El Hajji, VP & Regional account Director for Basset MEA said: "As operators grow, the wholesale business either becomes an important revenue-generator, or an expensive cost center. Interconnect by Basset offers all operators - local, regional and global - the opportunity to optimize their carrier-to-carrier billing and settlements processes and we are proud for the confidence put in us and our technology by Zain Group in yet another strategic project."
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About Zain Group:
Zain is a leading telecommunications operator across the Middle East and North Africa providing mobile voice and data services to over 42.714 million active customers as of 31 December, 2012. With a commercial presence in 8 countries, Zain operates in the following countries: Bahrain, Iraq, Jordan, Kuwait, Saudi Arabia, Sudan and South Sudan. In Lebanon, the company manages 'touch' on behalf of the government. In Morocco, Zain has a 15.5% stake in Wana Telecom, now branded 'INWI', through a joint venture. Zain is listed on the Kuwait Stock Exchange (stock ticker: ZAIN).
For more, please email info@zain.com or visit:
www.zain.com
www.facebook.com/zain
www.twitter.com/zain
www.youtube.com/zain
About Basset AB
Basset is and has always been a part of Kinnevik.
Founded in 1936, Kinnevik is one of the largest listed investment companies in Europe. Kinnevik has investments in over 80 countries throughout industries such as media, telecom, agriculture, online services and more.
Basset has grown organically into a very strong company that delivers world class products all over the world. We have remained a self-funded and financially strong business.
We are proud of our history as well as the fact that our growth strategy has proven very successful. We are confident we will continue to deliver smarter value adding products for many, many years to come.
We offer added business value by increasing revenue, by minimizing risk, by lowering TCO. In short, by Basset.
By Basset is our signature. You wouldn't put your signature on just anything. When you sign something you approve it and you take full responsibility and ownership for it.
An artist signs his painting only when it has been perfected. You do not sign blank checks for a reason. Just as the artist we sign off on our products only when they are ready to be framed and hung on the wall. When our signature is in place you can rest assured that the only thing needed to hang it is a hammer and a nail. Unlike other artist (that do not sign their products) you do not need to re-build your room nor have construction workers in your house indefinitely running up costs by the hour. With a signed and framed work of art you only need a hammer and nail to hang it.
So if you see our signature just relax, we will take full responsibility. We have to, because it has been signed by us, by Basset.
Our footprint now includes more than 70 customers in more than 70 countries. Several of these customers have more than one solution installed.
Working with so many operators around the world has given us experience that makes us the ideal partner when you want to grow your businesses. It ensures that we understand your needs and can provide fast answers and quick actions
© Press Release 2013
