Turkcell Group Implements WeDo Technologies' Business Assurance RAID(R)

LISBON, Portugal, April 12, 2011 /PRNewswire/ -- WeDo Technologies, a leader in revenue and business assurance solutions, has signed a deal with Turkcell Group to implement its flagship business assurance software RAID(R) across the entire group. This software will ensure Turkcell Group avoids data and financial losses related to inconsistencies in business support systems and network platforms.

Turkcell Group required a flexible revenue assurance solution which supported their individual requirements, while at the same time also providing the group with a robust set of functionalities.

WeDo Technologies partnered with two local companies to meet Turkcell Group's requirements; a strategic consultancy company called Telcotank and an integrator company called i2i. The project will be rolled out in phases, starting with the operators Turkcell and Superonline in Turkey and Astelit in Ukraine. Altogether the project will take 18 months to complete.

The project will cover a range of key areas including subscriber and service reconciliation, usage assurance and billing and rating verification.

"When we were talking to WeDo Technologies about our revenue assurance requirements, we knew RAID was the right solution to go for as it is a tried and tested solution, with a fast and guaranteed return on investment" said Omer Altinok, Group Revenue Assurance Manager at Turkcell.

"We are really excited to be working with Turkcell Group and increasing our footprint across Turkey and the surrounding countries" said Ines Ferreira, Southern Europe Business Development Manager at WeDo Technologies. "We feel the structured approach to integration will enable Turkcell Group to focus on the key risk areas, such as rating and billing validation, while maintaining the focus on an end-to-end deployment."

About Turkcell Group

Turkcell ( http://www.turkcell.com.tr/c/docs/bultenler/20110325_Turkcell_Europe.pdf) is the leading communications and technology company in Turkey with 33.5 million subscribers and a market share of approximately 54% as of 2010 (Source: Operator's announcements). Turkcell is a leading regional player, with market leadership in five of the nine countries in which it operates with its approximately 60.4 million subscribers as of 2010. Turkcell reported TRY9.0 billion ($6.0 billion) net revenue and its total assets reached TRY15.1 billion ($9.8 billion) as of 2010. Turkcell covers 82% of the Turkish population through its 3G and covers 99.07% of the Turkish population through its 2G technology supported network. Turkcell has become one of the first operators among the global operators to have implemented HSDPA+ and to reach to 42.2 Mbps speed with HSPA multi carrier solution. Turkcell has been listed on the NYSE and the ISE since July 2000 and is the only NYSE-listed company in Turkey. 51.00% of Turkcell's share capital is held by Turkcell Holding, 0.05% by Çukurova Holding, 13.07% by Sonera Holding and 1.19% by others while the remaining 34.69% is free float. Read more at http://www.turkcell.com.tr

About WeDo Technologies

WeDo Technologies (http://www.wedotechnologies.com/en/home/) is a worldwide leader in revenue and business assurance, providing software and expert consultancy, to intelligently analyse large quantities of data from across an organisation - helping to negate or minimise operational or business inefficiencies and allowing businesses to achieve significant return on investment via revenue protection and cost savings.

WeDo Technologies works with some of the world's leading blue chip companies from the retail, energy and finance industries, as well as more than 100 telecommunications operators from almost 80 countries, through 400 highly-skilled professionals.

WeDo Technologies is owned by the largest non financial Portuguese group - Sonae Group with more than 40.000 employees in 29 countries. Read more at http://www.wedotechnologies.com/en/home/

SOURCE WeDo Technologies