Re Contract
27 10월 2008 - 4:00PM
UK Regulatory
RNS Number : 7030G
eServGlobal Limited
27 October 2008
Belgacom ICS selects eServGlobal for International Remittances
Sydney, 27 October 2008
eServGlobal Limited (LSE: ESG & ASX: ESV), a provider of end-to-end solutions, enabling smart communication and payment services for
service providers on any generation network, today announced an agreement with Belgacom International Carrier Services (Belgacom ICS), a
leading global provider of voice, data and value added services, to jointly launch HomeSend, a new service for mobile remittance, roaming
recharge and airtime exchange.
The HomeSend service is a global hubbing service that provides, for the first time, a mobile-centric approach to international
remittance. This represents a significant new step in mobile payment, and indeed the telecommunications industry, allowing any mobile
service provider in any country to access the international remittance market in a cost efficient manner.
International remittance is a significant sector for mobile payment, allowing mobile subscribers to easily and quickly transfer airtime
or money internationally. According to the GSM Association, some 175 million migrants currently use remittance services, sending money to
around 800 million dependent recipients. Remittance flows have reached US$320 billion, and are estimated to reach US$700 billion by 2012.
Service providers can expand any payment offering with international remittance services, which make it easier for users to send small
amounts frequently, generating incremental transaction revenue.
Under the agreement, Belgacom ICS and eServGlobal will jointly operate, maintain and support the HomeSend service, each bringing their
areas of expertise. eServGlobal will provision and maintain the HomeSend platform while Belgacom ICS will act as the hub providing the
connectivity, the customer care as well as the financial settlement between the hub members. HomeSend allows mobile operators to extract
most of the value generated by this new service opportunity, rather than only acting as transport bearers if the service was operated
through financial institutions.
Laurent Lafarge, Chief Executive Officer of eServGlobal said "HomeSend will give mobile operators access to new customers and increase
their revenue, as well as contribute to improving financial access for their customers and significantly increase annual remittance flows to
develop national GDP for the destination countries. The joint delivery with Belgacom ICS represents a new revenue model for eServGlobal,
where charges are transaction rather than license based."
Daniel Kurgan, CEO of Belgacom ICS said "HomeSend is an innovative new product which will open up new markets and enable mobile
operators to make a bold step into a high-value area. This partnership with eServGlobal also shows again our dedication to develop
innovative solutions for our mobile operator customers that will help them better serve their customers in the future."
About Belgacom ICS
Belgacom International Carrier Services S.A./NV (Belgacom ICS) is a leading global carrier of voice, data and value added services to
over 500 wireless, wireline and service providers through sales offices in Brussels, Bern, Dubai, Singapore and New York.
Belgacom ICS is at the forefront of the international communications industry, acting as a catalyst for growth, both in terms of traffic
and reach. The company aims to enable global interworking across all networks, technologies and services. As a result of this approach and
the joint venture with Swisscom ICS, Belgacom International Carrier Services is now one of the largest wholesale voice carriers and a world
leader in data transit services.
For more information, please visit www.belgacom-ics.com
About eServGlobal
eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and payment services for telecommunications service providers operating
on all generation networks.
eServGlobal's innovative solutions help service providers to grow new revenues, reduce churn, and lower costs. In addition, service
providers are assured of seamless evolution to new network architectures, such as IMS and beyond.
As payment is crucial, eServGlobal's Charging Suite responds to increasingly sophisticated charging and billing challenges while
providing advanced recharge and m-payment solutions. The innovative Retention Suite delivers targeted incentives to increase customer
satisfaction and retention. Meeting customer demand for new communication experiences, the eServGlobal Messaging Suite enables reliable
delivery of multimedia services such as unified messaging, video blog, SMS, and instant messaging. The Network Suite supplies enhanced
personalisation and network optimisation.
Over 80 of the world's leading service providers, with over 400 million mobile subscribers in more than 50 countries, are taking
advantage of eServGlobal's end-to-end solutions and expertise to quickly deliver revenue-generating services. With 14 offices around the
world and staff from 20 different countries, we provide flexible solutions with ongoing product development, based on a deep understanding
of our customers' challenges.
eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the London Stock Exchange AIM market (LSE: ESG). In the year to 30
June 2008, eServGlobal reported a net profit after tax of A$10.4 million, up 91.5% from the previous year. A dividend of 3 cents per share
was paid for the full year ending 30 June, 2008, an increase of 50% over the previous year's dividend payment. More information can be found
at: www.eservglobal.com
Ian Buddery David Poutney / Brent Nabbs
Executive Chairman Numis Securities Limited (NOMAD)
eServGlobal Limited Tel: +44(0)20 7260 1000
For further information, please contact:
eServGlobal www.eservglobal.com
Catherine Jeffcoat, Communications Manager T: +33 1 46 12 77 46
Catherine.jeffcoat@eservglobal.com F: +33 1 46 12 77 49
Belgacom ICS
Catherine Bals, Marketing Manager T: +32 473 92 28 10
catherine.bals@belgacom-ics.com
This information is provided by RNS
The company news service from the London Stock Exchange
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