RCS - Cerillion PLC - Cerillion Client MVN-X Reaches Million Subscribers

CerillionAnnouncement

06/04/2022 07:00

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RNS Number : 3834H  Cerillion PLC  06 April 2022

 

6 April 2022

AIM: CER

Cerillion plc

("Cerillion" or the "Company")

 

South Africa's leading telecommunications enabler, MVN-X,

 reaches one million subscribers using Cerillion technology

 

Cerillion, the billing, charging and customer relationship management software
solutions provider, is pleased to announce that its technology has enabled
MVN-X, South Africa's leading telecommunications enabler and part of Ignition
Group, one of Africa's largest providers of technology, media,
telecommunication and financial services, to reach one million subscribers
across its portfolio of customers.

 

MVN-X supports 18 South African mobile virtual network operators ("MVNOs"),
including Standard Chartered Bank, Mr Price and Pick n Pay, and other leading
brands, retailers and corporates, providing them with critical infrastructure,
operating systems and support services.

 

MVN-X implemented Cerillion's Convergent Charging System and Enterprise
Product Catalogue modules, from the Company's Enterprise BSS/OSS suite, in
order to dramatically reduce the complexity of onboarding and launching new
customers, and to streamline operations. Cerillion's technology has enabled
MVN-X to compete head-to-head with the most innovative of mobile network
operators, and MVN-X is also now providing greater mobile coverage and choice
for its customers.

 

Valde Ferradaz, Chief Executive Officer at MVN-X, said:

 

"Previously, our delivery of mobile virtual network operator projects was
constrained by our charging system provider. Now with Cerillion, we are
empowered to manage the complete platform ourselves, making it much easier for
us to launch new MVNOs. With Cerillion as our trusted partner, our portfolio
of MVNOs in South Africa is growing rapidly, and I am excited by the
opportunities we have to expand into new markets across the region."

 

Louis Hall, Chief Executive Officer at Cerillion plc, said:

 

"The speed with which MVN-X is now able to onboard new MVNOs and grow its
subscriber base is transformational. This is testament to the flexibility and
scalability of the Cerillion product suite, and we are delighted to be helping
MVN-X to deliver on its business plan."

 

 

 Cerillion plc                  c/o KTZ Communications
 Louis Hall, CEO                T: 020 3178 6378
 Andrew Dickson, CFO

 KTZ Communications             T: 020 3178 6378
 Katie Tzouliadis, Dan Mahoney

 

About Cerillion

www.cerillion.com

 

Cerillion has a 22-year track record in providing mission-critical software
for billing, charging and customer relationship management ("CRM"), mainly to
the telecommunications sector but also to other markets, including utilities
and financial services. The Company has c. 80 customer installations across c.
45 countries.

 

Headquartered in London, Cerillion has operations in Pune, India, where its
Global Solutions Centre is located, as well as operations in Bulgaria, USA and
Australia.

 

The business was originally part of Logica plc before its management buyout,
led by CEO, Louis Hall, in 1999. The Company joined AIM in March 2016.

 

About Ignition Group

 

The Ignition Group is a leading global Marketing Acquisition Business, and is
one of Africa's largest providers of technology, media, telecommunication and
financial services.  The Ignition Group is built around a powerful purpose -
to make life better through innovative technology. We approach markets that
are traditionally complex and contested, and then simplify them, making life
easier for consumers, and business more efficient for our partners.

For more information visit: www.ignitiongroup.co.za
(https://www.ignitiongroup.co.za/)

 

About MVN-X

 

MVN-X is a dynamic company that enables businesses to advance into the mobile
voice and data realm by providing the necessary infrastructure, operating
systems and processes through a seamless integrated solution.

 

As an existing MVNE - Mobile Virtual Network Enabler, MVN-X are the leaders in
a pioneering new industry that launches MVNO's (Operators) and facilitate
mobile convergence between existing telecommunications providers and leading
brands, retailers and corporates. For more information visit:
www.mvnxmobile.com (https://www.mvnxmobile.com/)

 

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