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Xius in global tie-up with Los Angeles firm

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BS Reporter Chennai/ Hyderabad
Last Updated : Feb 14 2013 | 7:42 PM IST
Xius Limited, the telecom division of Chennai-based Megasoft Limited, has entered into a global partnership with Los Angeles-based voice termination services company, Telecom New Zealand International (TNZI).
 
The partnership will cover several revenue-enhancing technologies to provide global roaming footprint, interoperability, infrastructure, next-generation pre-paid roaming and IN solutions to mobile network operators (MNOs) and mobile virtual network operators (MVNOs).
 
Announcing this at a press conference here on Tuesday, GV Kumar, managing director and chief executive of Megasoft, said TNZI had chosen Xius to offer interoperability and infrastructure solutions including the highly-successful Xius InstaRoam to some of its offshore properties and also to emerging MNOs and MVNOs at a global level.
 
"Under this relationship, Xius will be the technology provider and will jointly host and maintain the entire suite of services, while TNZI will market the solutions," he added.
 
Terming the partnership with TNZI as an important milestone for Megasoft towards its aim of becoming an IP-driven technology solutions company, Kumar said that the initiative was based on a revenue-sharing model from which the company was expecting to generate revenues in the excess of $4 million in the first year.
 
"Our revenue outlook from the initiative is between $8 million and $10 million per year thereon,' he said.
 
Kumar said that TNZI was setting up an infrastructure hub in Los Angeles for the initiative, at an investment of around $ 15 million.
 
"Megasoft has already deployed a three-member team in Los Angeles, while 18 employees have been working in India to provide back-office operations for the project. We have plans to expand this headcount to 100 in the next 10 months," he said.

 
 

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