Thursday, July 17, 2008

MEGASOFT ARM BAGS DIEMO DEAL

Hyderabad

XIUS-bcgi, the telecom division of Megasoft Ltd, has announced it has secured a $15 million order from Diemo, a mobile banking services provider.

Diemo has chosen the XIUS-bcgi Mobile Services Platform to power the launch and delivery of its services in the South American market. XIUS-bcgi will also serve as its System Integration Partner for supply and management of other third-party professional services including content vendors and other value-added services partners.

Diemo will partner with Digitel, the GSM operator in Venezuela and plans to roll out similar country-specific MVNOs (mobile virtual network operator) services in South America, starting with Colombia.

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