Diemo picks XIUS-bcgi for MVNO in S America

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Hyderabad, July 16 (UNI) XIUS-bcgi, the telecom division of Megasoft Ltd, today announced that Diemo, a mobile banking services provider, under a 15 million US Dollar agreement had chosen the XIUS-bcgi Mobile Services Platform to power the launch and delivery of its service offering in the South American region.

Additionally, Diemo had chosen XIUS-bcgi as its System Integration Partner for supply and management of other third-party professional services, including content vendors and other valued-added services partners, according to a press release here.

XIUS-bcgi's Mobile Services Platform is a next generation convergent platform for Mobile Virtual Network Enablers (MVNEs), Mobile Virtual Network Operators (MVNOs), new entrants into mobile telecommunications and next-generation providers.

Diemo will partner with Digitel, the GSM operator in Venezuela, for the first such real-time cash transfer-focused MVNO in the country.It plans to roll out similar country-specific MVNOs across several countries in the South American region, starting with Colombia in late 2008. Other countries will be announced in the coming weeks.

XIUS-bcgi will be responsible for the supply and turnkey management of the customized core network infrastructure for enabling Diemo's mobile launch through its multi-country rollout.

UNI VA GM SM1736

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