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Telarix marks 2007 with record revenue growth, profitability and establishment of a global telecom business information exchange network
January 11, 2008
VIENNA, Va. -- Telarix, Inc., the leading provider of Interconnect Business Optimization (IBO) and settlement solutions for content providers, IP service providers and global fixed and mobile operators, today announced that it achieved 2007 sales growth of 50 percent over 2006 while expanding its operations globally, adding to its growing global client list and successfully launching a new industry initiative, iXLink™.
Telarix attributed its 2007 success to its combination of pioneering technology and industry expertise which has enabled carriers to reduce costs and increase profitability across their interconnect networks. The company now has personnel in 12 countries around the world with subsidiaries in Brazil, India and Singapore. In addition to expanding its worldwide customer base in Europe, Africa and Asia, Telarix also introduced a new innovative initiative to enable carriers to enhance the performance and profitability of the interconnect business.
iXLink™, a global business information exchange service for the telecom community, enables service providers to quickly and efficiently access and share business documents among their trading partners. Created in conjunction with a number of the world’s telecom providers, iXLink creates a paradigm shift in today’s rapidly changing telecom market. As an open, business information exchange for the telecom community, iXLink reduces the costs and complexities associated with interconnection including the purchase and sales processes; international dial code management; billing; invoice validation; and settlement.
In 2007, Telarix also saw continued successes with the company’s revenue assurance modules, iXBill® and iXAudit®. iXBill is a robust and highly flexible interconnect billing system that allows carriers to eliminate revenue leakage by ensuring that every call is captured, rated and invoiced correctly. iXAudit, the second component of Telarix’s revenue assurance solution, is an end-to-end audit and dispute management system designed to streamline the validation of interconnect invoices, reconcile charges and manage settlements.
“By providing comprehensive solutions that enable carriers to reduce costs and increase profitability, Telarix is becoming the next-generation interconnect business optimization and settlement solution provider of choice for fixed, mobile and VoIP carriers worldwide,” said Don Lynch, CEO, Telarix, Inc. “And with the successful launch of iXLink, Telarix is poised to fundamentally transform the way the telecom community conducts business.”
Telarix Inc.
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