22nd May 2013
Luxembourg’s number one alternative Communications Service Provider, Tango, today announced its decision to implement Irish company XINTEC’s latest Revenue Assurance software suite – RAevolution 3.0.
Tango is the first operator in Luxembourg to launch a full 4G mobile broadband service. With the recent addition of digital television services to the residential market, the company is now positioned as the first true quadruple-play operator (mobile, fixed-line, broadband and television) service provider in the country, under the brand name tango generation.
The XINTEC Revenue Assurance solution is designed to protect Communication Service Providers from unwanted financial losses which can amount to 2% or 3% of gross annual revenues according to industry sources. By ensuring that all call event data records – phone calls, text messages and mobile internet sessions – are fully accounted for as they transit through the various network elements at the touch of a button, the software ensures that every call event is converted to billable revenue.
“XINTEC has fulfilled its promise of delivering measurable value to our organization” commented Tango CFO Vikrant Mehta. “Identifying potential losses early in the product development cycle, or indeed between interconnection partners, allows us to optimize our revenue generation capabilities and ensure full customer satisfaction with our services through accurate billing”.
“With the growing number of complex data streams that result from an increasingly sophisticated communications environment including 4G mobile broadband, applications, IPTV and now machine-tomachine and mobile money transactions over a user’s mobile device, the need to control and assure revenues is greater than ever” says Sean Killeen, CEO of XINTEC. “Being the trusted partner of a marketleading communications service provider like Tango is a true endorsement of our capabilities, and we are very proud of this appointment.”
After releasing an impressive set of 2012 results, with annual revenues up by 6.5 per cent to EUR114million in 2012, Tango now boasts a customer base of 273,000 in the Grand Duchy. It owes this success in particular to a diversification of its customer offerings, and an increase in its subscriber numbers in both the residential and corporate segments.