Tuesday, January 26, 2010

Roamware deployment base crosses 400 networks in 150 countries

NEW DELHI, INDIA: Roamware Inc., a leader in mobile roaming and financial solutions, announced that its solutions now benefit more than 400 networks in 150 countries.

Speaking on achieving this milestone, Bobby Srinivasan, President and CEO, Roamware said: “This is a great moment for the Roamware family and is a testimony of our innovation-led growth. The feat is particularly remarkable considering we have achieved this in a span of less than eight years.”

The figure is consistent with Roamware’s market dominance of the roaming solutions market and leadership in the mobile financial services space. This count is exclusive of Roamware’s non-telecom customer base, which includes several banks and other financial service providers. Geographically, Roamware’s customer base is spread evenly worldwide and in line with the global mobile network distribution pattern.

Abraham Punnoose, Vice President, Marketing & Business Development, Roamware commented: “Roamware recognizes these network relationships as a key strength and the pivot of our growth strategy going forward. With a penetration of about four applications per customer network on the roaming side, we have potential to push more of roaming applications to these subscribers not to mention cross-selling roaming and mobile financial services to the other subscriber base.”

The figure is particularly significant considering that the universe of GSM operators is around 800 across 219 countries with an estimated 50-80 of networks still in various degrees of rollout and hence still to deploy roaming solutions.

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