Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait - Zain Group Partners With Ericsson  Join our daily free Newsletter

MENAFN - Khaleej Times - 03/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Ericsson (NASDAQ:ERIC) has been selected by Zain Group to transform the current charging and billing system for its operations in Kuwait, Bahrain, and Saudi Arabia. This agreement with Ericsson signed during Zain's Technology Conference held at the Atlantis, The Palm Hotel Dubai from Dec 1 to 3, is the first of its kind for Zain Group and spans across multiple countries. The solution demonstrates Ericsson's capabilities in delivering solutions boosting operational efficiency, increasing flexibility to offer greater customer choice, improving customer experience. Zain will benefit from Ericsson's expertise in charging, billing mediation and activation.This system facilitates central management of all users and all services for operators. It allows the unification of payment methods across all services. Zain customers will benefit from packages and promotions tailored to their needs, a simple and single bill for all Zain telecommunication services, and real-time control over their spending on mobile services.

"With Ericsson's Charging & Billing in One solution, both prepaid and postpaid Zain customers will be able to benefit from the benefits of a consolidated billing system. The highly efficient nature of this system means that our customers will enjoy greater flexibility and efficiency, thereby improving the customer experience and customer loyalty," said Scott Gegenheimer, Zain Group CEO. This new agreement underscores the longstanding relationship between Ericsson and Zain, and following the successful implementation of Charging & Billing in One solution in Zain Jordan. Ericsson's partnership with Zain began in Kuwait, almost three decades back, and has grown to incorporate various products and services across eight countries in the region.

"The rapid regional uptake of new technologies like 4G/LTE has increased the need for efficiency and flexibility, which extends to the charging & billing customer experience. We, at Ericsson, deeply understand the market developments, the operator and their customer needs, and with our wealth of knowledge and extensive global experience, we are proud to continue to be the trusted partner for Zain. With this partnership, Ericsson will continue to support Zain in its delivery of first-rate services to its customers in Kuwait, Bahrain and Saudi Arabia ," said Ray Hassan, President for Global Customer Unit Zain at Ericsson
Ericsson has provided operators with real-time charging capabilities since 1996 and now serves more than two billion subscriptions through partnerships with over 185 operators using their Charging System.

 


Khaleej Times




  MENA News Headlines
 Jan 28 2015 - DIB picks arrangers for potential Tier 1 sukukKhaleej Times
(MENAFN - Khaleej Times) Dubai - Dubai Islamic Bank, or DIB, said on Tuesday that it picked eight banks to arrange roadshows from January 8 for a potential benchmark size dollar-denominated sukuk ...

 Jan 28 2015 - What next for Londonium and Barclays?Khaleej Times
(MENAFN - Khaleej Times) I have tried to visit Britain on the eve of every general election since the end of the Thatcher era (by Tory regicide, not the ballot box) in November 1990 in search of ...

 Jan 28 2015 - Emirates NBD - holding the banking fortKhaleej Times
(MENAFN - Khaleej Times) The banking industry looks set to sustain positive trends this year due to strong macroeconomic economic indicators, sufficient liquidity and low interest rates in the ...

 Jan 28 2015 - China pumps cash into banks in a bid to accelerate growthKhaleej Times
(MENAFN - Khaleej Times) Beijing - China's central bank has bolstered support for the cooling Chinese economy by injecting another 50 billion yuan ($8.1 billion) worth of short-term loans into banks ...

 Jan 28 2015 - Union National Bank posts 16% jump in annual earningsKhaleej Times
(MENAFN - Khaleej Times) People walking past a Union National Bank branch in Dubai. The total assets of the UNB Group increased by seven per cent in 2014 to Dh93.5 billion as at December 31, 2014. - ...

 Jan 28 2015 - Gulf Arab countries may need to rethink policy: Qatari bankerKhaleej Times
(MENAFN - Khaleej Times) Dubai - Gulf Arab oil states may need to rethink longstanding economic policies, including their fixed exchange rates, over the next five to 10 years as economic cycles in ...

 Jan 28 2015 - GCC retail sector on growth pathKhaleej Times
(MENAFN - Khaleej Times) Dubai - GCC retail sales are expected to grow at a 7.3 per cent compound annual growth rate (CAGR) between 2013 and 2018 to reach $284.5 billion, according to Alpen ...

 Jan 28 2015 - Dubai International airport crowned as world's busiestKhaleej Times
(MENAFN - Khaleej Times) The airport's passenger numbers boosted by 6.1 per cent to 70.5 million in 2014 and pushed the Heathrow down to the second position as London's top airport handled 68.1 ...

 Jan 28 2015 - Sharjah's Dh17.7b budget to ensure economic upliftKhaleej Times
(MENAFN - Khaleej Times) Sharjah - His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, on Tuesday approved the 2015 general budget of the emirate ...

 Jan 28 2015 - MAF earnings jump 10% plans to double businessKhaleej Times
(MENAFN - Khaleej Times) Dubai - Majid Al Futtaim, or MAF, the Dubai-based shopping mall, retail and leisure conglomerate, announced on Tuesday plans to double its business within five years after ...

more...


 






Google

Electronic & Mobile Payment

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help