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A Decade On, Vodafone Spain Renews Contract With MACH For Financial Clearing & Settlement
Publication: 18.06.2007
Luxembourg, 19th June, 2007 – MACH, the leading clearing and settlement partner for mobile based transactions, today announced that Vodafone Spain has renewed its agreement with MACH for roaming Financial Clearing & Settlement services.
Spain is a huge centre for roaming due to the sheer numbers of holiday makers who visit the country every year. In addition to the roaming customers, Vodafone Spain also has 14 million+ subscribers. The operator needs complete assurance that the revenue generated by this cross-section of their audience is collected and delivered to them accurately, on time, and hence the renewal of the contract with MACH.
“After a ten year relationship, Vodafone Spain is delighted to renew the agreement with MACH, whom will continue to deliver seamless Financial Clearing & Settlement services for Vodafone Spain”.
Revenue assurance is increasingly being recognised by mobile operators as an important aspect of their business, to help maximise profits and drive efficiency. MACH’s Financial Clearing is renowned for being the marker leader, with proven process effectiveness, reliability, speed and efficiency. This, coupled with MACH’s excellent service levels was one of the main reasons why the contract was renewed by Vodafone Spain.
“The renewed agreement with Vodafone Spain highlights our commitment to delivering a Financial Clearing & Settlement service that is unparalleled within the marketplace”, Terence Ledger, Chief Commercial Officer at MACH commented.
“Spain has a huge roaming population and presents many challenges for MACH, and the fact that Vodafone Spain has renewed the contract is a further endorsement of our technology and our continuing partnership”, Mr Ledger concludes.
The agreement covers all roaming partners, with Vodafone Spain being serviced from MACH’s Luxembourg Financial Clearing facility. The deal is a celebration of ten successful years of the Financial Clearing partnership between Vodafone Spain and MACH, originally signed in 1997.
Ends
Enquiries
MACH:
Sophia Parsons
Global Project Manager
spa@mach.com
+45 4590 2024
Vodafone Spain:
Laura De La Fuente
Laura.de-la-fuente@vodafone.com
+34 610 514 462
About MACH
MACH is the leading clearing and settlement partner for mobile based transactions. We help telecommunications companies and enterprises across the world to secure and develop existing and new revenue streams. We specialise in outsourced solutions within roaming clearing and billing, Interconnect and WLAN. In addition, we deliver mobile content services through the independently operating brand End2End as well as EDI under the Progrator brand. Our global client base comprises the leading international telecommunication companies, including established national operators on five continents and new licensees worldwide. With more than 500 employees and offices in 11 countries throughout the world, we combine global expertise and operations with local knowledge in each of our markets. For further information please visit www.mach.com
About Vodafone Spain
Formed in 1984, Vodafone Group Plc is the world's leading mobile telecommunications company, with a significant presence in Europe, the Middle East, Africa, Asia Pacific and the United States through the Company's subsidiary undertakings, joint ventures, associated undertakings and investments. The Group's mobile subsidiaries operate under the brand name 'Vodafone'. In the United States the Group's associated undertaking operates as Verizon Wireless.
Mobile is always at the heart of what Vodafone does, but now they are moving into integrated mobile and PC communication services through two ways - wirelessly through 3G and HSDPA (High-Speed Download Packet Access), but also using fixed line broadband services like DSL (Digital Subscriber Line). Vodafone customers benefit from a complete Vodafone experience in and out of their homes and offices. For further information about Vodafone, please visit:
http://www.idiomas.vodafone.es/ingles/
http://www.vodafone.com/
