Comviva Wins Top Honours at Asia Communication Awards 2011

- Best Mobile Strategy Award for adoption of Mobile Wallet by Banglalink
- Best Business Solution for Dynamic Discounting Solution
- Outsourcing Company of the year award for Managed VAS Services

Comviva, the global leader in providing mobile solutions beyond VAS, today announced that it has won three awards at Asia Communication Awards 2011 held in Singapore. The awards were presented at the award ceremony in the presence of leaders from Asian telecom industry on Wednesday, June 22, 2011.

Speaking on the occasion, Sai Prabhu, AVP, South East Asia, Comviva said, “We are delighted to receive these prestigious awards and appreciate this honour. The awards recognise Comviva’s commitment to enable improved service performance and supporting operators in the creation and cost-effective delivery of a dynamic service portfolio to ensure that mobile users’ entire service experience is enhanced. It is this commitment that will sustain our next stage of growth as we continue with our global expansion to maintain the leadership position in mobile money and managed VAS.”

Comviva’s Mobile Wallet solution deployed by Banglalink, the second largest telecom operator in Bangladesh, transforms the mobile phone into a convenient cash-free and card-free transaction medium, enabling customers to receive funds from overseas foreign workers into a secure, wallet account. The service supports multiple transactional methods, including cash-to-bank, cash-to-cash, cash-to-wallet and wallet-to-wallet to maximize service access. The service fully complies with regulations and benefits from a robust, open ecosystem of multiple banks, money transfer operators, billers and service providers.

Comviva’s Dynamic Discounting Solution enables operators optimize mobile network utilization and enhance revenues by introducing a new approach to pricing. Using Dynamic Discounting operators can dynamically model tariffs in proportion to the current load at a specific cell location – the lower the traffic volumes, the higher the discount and vice versa. The discounts can also be tailored to individual call transactional patterns of customer to drive higher minutes of usage per cell site.

Comviva provides Managed VAS Services to both greenfield and established operators, enhancing revenues by improving service performance and speeding time to market, while achieving improved operational and cost efficiencies. It offers operators an opportunity to differentiate their brands and improve margins in a complex and highly dynamic global VAS space.

Held in Singapore, The Asia Communication Awards 2011 seek to recognise the achievements of Asian telecoms companies and individuals responsible for the innovations, achievements and great new services that are helping to build tomorrows industry

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