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Swisscom Mobile and cVidya Networks announced a partnership in the field of Revenue Assurance

July 17, 2006

1 Min Read

TEL AVIV and BERN, Switzerland -- Today, Swisscom Mobile and cVidya Networks announced a partnership in the field of Revenue Assurance. The goal of the partnership is to engage in activities to develop and improve next generation Revenue Assurance best practice and solutions while integrating principles of, for example, business intelligence. The two companies will use the installation of the MoneyMap® at Swisscom Mobile for the development and validation of new and innovative Revenue Assurance technologies, methodologies and principles.

“cVidya has proven to go the extra mile when it comes to Revenue Assurance and understands the requirements of an operator that has a mature Revenue Assurance process. At Swisscom Mobile we believe that Revenue Assurance is to take a different turn, especially in the light of eroding monopolies, hostile markets and continuous market and product innovation. In cVidya we have found a partner who will face the next level of Revenue Assurance challenges successfully and we hope to provide a stimulus to the industry as a whole” said Kurt Meyer, Chief Risk Officer.

"We see Swisscom Mobile's decision to join efforts with cVidya as a major vote of confidence in our approach to Revenue Assurance," remarked Alon Aginsky, CEO of cVidya Networks. "Having a close working relationship with a leading European mobile operator and being able to draw on their renowned Revenue Assurance experience will further enhance our ability to bring the most advanced Revenue Assurance solutions to the telecommunications industry and maintain our leadership position in Revenue Assurance."

Swisscom Mobile AG

cVidya Networks Inc.

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