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Wednesday, November 15, 2006

Megasoft ties up with Telecom New Zealand

Xius, the telecom division of Megasoft Ltd., will provide roaming and interoperability solutions to the seven cellular operations of Telecom New Zealand International (TNZI).

The company will also partner with TNZI to provide similar services to emerging mobile network operators and mobile virtual networks operators (MVNOs) across the world, according to G V Kumar MD & CEO Megasoft.

Megasoft was recently in the news for acquiring VisualSoft Technologies through a merger move.

Kumar said, “We can expect revenues of the order of $2-3 million from the initial installations itself while we are targeting revenues of the order of $5 million in the first year of the relationship itself”.

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