Etihad Etisalat "Mobily" Announces Award of MVNE Solution and Services Contract to XIUS, an Operating Brand of Megasoft Limited

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May 16, 2012, 09:54 ET

RIYADH, Saudi Arabia and HYDERABAD, India, May 15, 2012 /PRNewswire/ --

Mobily, the fastest growing mobile communications and technology provider in the Kingdom of Saudi Arabia today announced the award of its MVNE solution and services contract to XIUS, Limited of Hyderabad, India.

XIUS is providing MVNE/MVNO network infrastructure and operations managed services as well as MVNE back-office services required for the qualification and launching of MVNO on the Mobily network and MVNE platform and ultimate offering to potential MVNO subscribers in the Kingdom of Saudi Arabia. XIUS is employing its Mobile Services Platform infrastructure and framework, currently deployed in multiple global locations, which will provide MVNO with its own separate network components and flexible capabilities for service offerings to its targeted subscribers.

"We are very proud and excited to be working with Mobily on their foray into the MVNO market in the Kingdom of Saudi Arabia," stated GV Kumar, Managing Director and CEO of XIUS. "As well, our Mobile Services Platform provides Mobily, and the MVNO it serves, with a flexible suite of network components, OSS/BSS, and VAS solutions that will be leveraged by the MVNO to offer distinct, separate, and compellingly different subscriber offerings."

"We have chosen XIUS Mobile Services Platform after an exhaustive selection process that includes an extensive list of vendors," stated Dr. Eyas Al-Hajery, Mobily's Senior Executive Vice President for Wholesale and Carrier Services. "The platform will enable Mobily to provide carrier class comprehensive MNO/MVNE services to potential MVNOs".

The MVNO will be able to focus on its identified market target segment, develop unique plans and service offerings, and bring new and different value added solutions without dependence on the mobile network operator, utilizing the XIUS Mobile Services Platform being installed solely for the use and utilization of the MVNO.

About Etihad Etisalat "Mobily"

Etihad Etisalat (Mobily) was established in 2004 by a consortium led by Etisalat, the UAE based telecom conglomerate. Mobily is the official brand name of Etihad Etisalat, renowned as the second mobile service provider in the Kingdom of Saudi Arabia. The awarded 25-Year telecommunication mobile license was complemented by a subsequent purchase of a 3G license. Mobily was the first Saudi communications company to get an operation license for 3rd generation services and beyond. In December 2004, Mobily was listed on Tadawul Stock Exchange. Today, Mobily equates to 40%+ market share of the mobile subscriptions in the Kingdom.

In March 2008, Mobily was granted approval by CITC (Communication and Information Technology Commission) to acquire Bayanat al-Oula which was a licensed Data Service Provider for a price of SAR 1.5 Billion. And, in November 2008, Mobily acquired absolute majority stakes in Zajil, the leading Saudi ISP (Internet Service Provider). Mobily owns vast majority shares in the Saudi National Fiber Network (SNFN) composed with 12,800 Km of structured fiber cable, panned into 7 fully protected rings covering 35 Saudi cities plus access to 60 major hub sites for telecommunications prime points of presence, and complimented with over 30 inter-metropolis fiber loops in major Saudi cities. Furthermore, Mobily is a lead investor in prime global submarine cable projects that are expected to be operational in the near future.

About XIUS

XIUS is a mobile technology specialist focused on real-time transaction processing in the following areas; Network Infrastructure & Prepaid, Mobile Commerce, Mobile Advertising, and Mobile Applications. XIUS believes in innovation, agility, and execution excellence, with customer centricity as its core value. XIUS offers its solutions in a managed services model thereby enabling customers to launch and monetize services quickly.

XIUS has more than 350 employees across the globe. Its Corporate Headquarters are located in Woburn, Massachusetts, with its Global Delivery Center located in Hyderabad, India. Our strong belief in innovation has resulted in 116 patent applications being filed with 30 being granted to date. XIUS has been providing telecom services to mobile operators for nearly 25 years. To learn more, please visit our website at: http://www.xius.com

Contacts: Jim Hunt, Number: +1-207-632-1916, Email: [email protected]

SOURCE XIUS