BWI: SunTec Deploys IPTV Billing Solution for Smart Digivision’s MyWay IPTV Service

Press release from Business Wire India
Source: SunTec
Wednesday, February 17, 2010 03:00 PM IST (09:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology, Media & entertainment, Telecommunications; Technology
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SunTec Deploys IPTV Billing Solution for Smart Digivision's MyWay IPTV Service
SunTec's Billing Solution Enables Smart Digivision with Pricing and Billing Flexibility for Postpaid and Prepaid Customers and Introduce Dynamic Value Added Services and Product Bundling Options

Trivandrum, Kerala, India, Wednesday, February 17, 2010 -- (Business Wire India) -- SunTec Business Solutions, the leading provider of convergent transaction pricing and billing solutions for the Communications, Media and Entertainment (CME) industry announced that Smart Digivision has successfully deployed its IPTV billing solution to price and bill Smart Digivision's MyWay IPTV Service in India. MyWay IPTV service is available in 54 cities across India on Bharat Sanchar Nigam Ltd. (BSNL) and Mahanagar Telephone Nigam Ltd. (MTNL) broadband networks and is expected to reach three million subscribers in the first five years.

SunTec's convergent billing solution TBMS-T supports the service provider to handle complex revenue sharing business rules and settlement with IPTV service carriers and content providers/aggregators, allowing the service provider to design innovative services and programmes/content to attract more usage and consumers. SunTec's solution also interfaces in near real time with all the other systems deployed to support MyWay to roll out dynamic value added services and product bundling options.

"SunTec's solution met all our expectations, in the quality of deployment, competence demonstrated and sensitivity to our needs to ensure that we roll out our IPTV service with the scale and quality that the telecom industry has envisioned for years on the scheduled time." Said Kapil Dev Kumar (Chief Operating Officer), Smart Digivision.

"Having rolled out IPTV services, Smart Digivision has become the one of first service providers in India to introduce IPTV services in India, reaching out to largest broadband subscriber base and we are excited about being a part of Smart Digivision's debut in the IPTV arena." Said K Nanda Kumar, CEO SunTec.

About the Smart Digivision

Smart TV Group, consisting of Smart Digivision Pvt Ltd and Smart Broadband Services Pvt Ltd, was founded in 2007 with the purpose of undertaking Interactive Personalized Television & Video (IPTV) Services. The Group has entered into long-term contracts with MTNL and BSNL for providing co-branded interactive video services to their customers in 54 large cities across India. These cities account for approx 50% of the urban population, giving Smart TV Group the largest coverage footprint for IPTV services.

About SunTec

SunTec is a fast-growing, customer-centric, Relationship-based Pricing and convergent billing solutions company that offers transaction value management solutions for communications, media, entertainment (CME), banking, financial services and insurance (BFSI), and utilities industries. SunTec's product suites and services, TBMS-T for CME, TBMS-F for BFSI, and TBMS-U for utilities, provide comprehensive solutions for measuring and monitoring transaction value, and enabling maximum control of profitability. SunTec is a SEI CMM Level 5 certified company and its client list includes Comcast (NASDAQ: CMCSA), Cable One, Batelco, BSNL and HFCL, ICICI Bank (BSE NSE: ICICI; NYSE: IBN), HSBC (LSE: HSBA; NYSE: HBC), ING Bank (NYSE: ING) and Lloyds TSB (LSE: LLOY). For more details, please visit www.suntecgroup.com.


CONTACT DETAILS
Sanju Pillai, SunTec, +91 9349337190/ +91 (471) 3918391, sanjup@suntecgroup.com/ info@suntecgroup.com
Anupa Vasudevan, SunTec, +91 (471) 3918362, anupav@suntecgroup.com

KEYWORDS
CONSUMER, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT, MEDIA, TELECOMMUNICATIONS, TECHNOLOGY

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