Portugal Telecom Uses Telarix

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 Portugal Telecom (NYSE:PT - News) will use iXBill's pre-billing and accounting capabilities to eliminate potential revenue leakage and streamline its billing operations. By integrating iXBill with the carrier's existing main billing system, Portugal Telecom can efficiently complete payment processing and manage the accounting for any disputed amounts which might arise.

As part of Telarix's comprehensive portfolio of interconnect and settlement solutions, iXBill(TM) ensures the entire interconnect billing process is fully tracked and captured, providing service providers an unprecedented view of their revenue streams while identifying critical financial trends. Unlike many of the billing-only focused interconnect solutions available in the market today, iXBill provides embedded revenue assurance capabilities, leveraging its integration with other key carrier business functions including agreement management; route optimization; pricing; and audit and reconciliation. This level of sophistication ensures that all billable activities are accurately captured, rated and billed.

"To enhance our revenue assurance capabilities, Portugal Telecom was interested in a state-of-the-art solution that provided a holistic view of our business and could be integrated easily with our existing back-office billing and financial management systems," said Jose Morais de Oliveira, Director of International Wholesale at Portugal Telecom. "By leveraging iXBill, Portugal Telecom now has a comprehensive tool which will provide the critical data required to optimize our billing processes and ensure the accuracy of each interconnect statement."

Telarix Inc.