Transformation, digitalization and market growth
to be accelerated leveraging Optiva cloud-native payment
solution
TORONTO, Feb. 25, 2021 /CNW/ - Mobily, a tier one telecom
and one of the most advanced operators in the Middle East, has gone live with the Optiva
payment solution on Mobily private cloud. Given Mobily's large
customer base, speed, agility and digital-first are priorities for
its success.
Mobily is recognized by the telecom industry as one of the most
innovative and advanced operators in the region. It was the first
operator worldwide to launch the 4G (TD-LTE) services commercially.
With its move to cloud, Mobily continues its trajectory of
innovation in the telecommunications sector.
"Mobily will dramatically increase its business and operational
agility, flexibility and responsiveness by leveraging the cloud.
This is vital to our increased growth — to meet digital market
demands today and maximize our ability to seize new revenue
opportunities long-term," said Alaa
Malki, CTO of Mobily.
The upgrade to cloud-native technology on the private cloud and
a consolidated payment solution platform provides new benefits to
subscribers, including online e-vouchers to top up their accounts.
It also provides Mobily increased platform performance that will
deliver operating expense (OPEX) savings.
"Mobily's success during our 8-year partnership has been a
result of Mobily continually exceeding customers' expectations and
investing in innovation. This fosters a culture of close
collaboration, which allows Optiva to be a partner in supporting
Mobily to achieve its business goals and expand its market
opportunities," said John Giere,
President and CEO of Optiva.
About Optiva Inc.
Optiva Inc. is a leading provider of
mission-critical, cloud-native revenue management software for the
telecommunications industry. Its products are delivered globally on
the private and public cloud. The Company's solutions help service
providers maximize digital, 5G, IoT and emerging market
opportunities to achieve business success. Established in 1999,
Optiva Inc. is on the Toronto Stock Exchange (TSX:OPT). For more
information, visit www.optiva.com.
About Etihad Etisalat (Mobily)
Etihad Etisalat
(Mobily) is a Saudi company launched commercially in May 2005. Mobily provides integrated services for
three main sectors, individuals, businesses, and carriers. It has
one of the largest wireless networks by coverage in Saudi Arabia as well as the region, and one of
the widest FTTH networks, in addition to one of the largest data
center systems worldwide. Mobily has been listed on Saudi Arabia's Tadawul stock exchange since
2004. Major shareholders are Etisalat Emirates Group (27.99%) and
the General Organization for Social Insurance (6.9%). The remaining
shares are owned by institutional and retail investors.
SOURCE Optiva Inc.