TORONTO, February 14, 2019 – Optiva Inc. (TSX: OPT), an innovative software provider of mission-critical, cloud-native, monetization solutions to leading communication service providers (CSPs) globally, is pleased to announce the new phase and commercial launch of Omantel’s multi-play billing and charging transformation on Optiva Charging EngineTM.
Omantel, the leading telco provider in Oman and regional leader in the Middle East, is experiencing growth in its subscriber base as a result of massive acquisitions. The growth, coupled with an increased demand for mobile connectivity and specifically data, has made digital transformation critical for Omantel.
The successful launch of this new phase assists Omantel to further revolutionize its fixed-line and multi-play services. Omantel gains increased flexibility to create and tailor new products specific to its customers, launch new offerings to market faster and engage with a larger variety of customers and businesses to generate greater business value.
“Optiva is integral to our corporate strategy and to our digital transformation. We count on Optiva Charging Engine and the payments solution as well as their reliable support, maintenance and managed services to allow us to monetize a variety of multi-play services, including mobile prepaid and postpaid, hybrid, fixed, cable and internet,” said Samy Al Ghassany, COO of Omantel. “Optiva is a strategic partner to us, and we look forward to our continued collaboration as our program enters its next phase of 5G, IoT and cloud transformation.”
Omantel has earned a reputation as a trusted and innovative provider as shown by their partnership with the Oman Government Network. In this role, they support the government’s telecommunication infrastructure and digital transformation, improving public services and providing a secure, reliable network.
“We are excited to be a key partner in assisting Omantel in achieving their corporate strategy and their digital transformation for their BSS ecosystem. Omantel’s investment in their digital transformation and commitment to act on their multi-play strategy will allow them to provide a world-class experience to their customers and ultimately increase revenue while retaining their base,” said Danielle Royston, CEO of Optiva.
About Optiva Inc.:
Optiva Inc. is leading the telco industry and its innovative customers around the world by offering next-generation software solutions to help them leverage today’s digital technologies. Our portfolio of monetization products enables real-time billing, charging, policy management and user experience that are critical to our customers’ growth and performance. When deployed in the cloud, Optiva™ solutions deliver the most impact for the best value. Our vision, market knowledge, analytical insights and unparalleled Customer Success Program ensure our customers are equipped to achieve their strategic business goals today and into the future. Established in 1999, Optiva Inc., can be found on the Toronto Stock Exchange (TSX: OPT). For more information, please go to www.optiva.wpengine.com.
For additional information, please contact:
T: (905) 625-2190
Anin Basu, Interim CFO & VP of Corporate Finance