Mexico, November 23, 2017: XIUS, a global leader in mobile technology has been selected by Toka, a company specializing in electronic payment solutions to launch Mobile Virtual Network Operator (MVNO) services through the brand Tokamóvil in Mexico. Toka will operate its MVNO on Telefonica Movistar’s network.
New technologies hold the potential for MVNOs to expand their product offerings and compete with value added services to attract and retain subscribers in highly competitive markets. Leveraging Movistar’s network will allow Tokamóvil to have low capital investments. This strategy would further enable them to provide their customers lucrative products with appealing tariffs and offers while also facilitating subscribers with impeccable service.
G V Kumar, Managing Director & CEO of XIUS said, “XIUS is acclaimed by its clients worldwide for delivering solutions that match and exceed end-user expectations. This trait of ours has helped us feature in Gartner’s Magic Quadrant for Integrated Revenue and Customer Management. Besides, our past MVNO experience positions us well to help Toka acquire new customers by rolling out differentiated products & services, provide incremental value to customers and generate new revenue potential.”
Increasing smartphone penetration, mobile data usage and concerted efforts by the regulator to establish MVNO specific framework have been key in giving a boost to Mexico’s MVNO market.
Toka, a Mexican company, specializes in electronic payment solutions. Keen to address the constantly evolving telecom environment, the company is launching Mobile Virtual Network Operator (MVNO) services the Tokamóvil brand. Through this MVNO, Toka aims to provide niche products and services besides exciting offers to the under-served telecom segment of Mexico.
Serving 1 Million satisfied users across the country, Toka has been a name to reckon with in the financial solutions vertical of Mexico. Almost 15 years of being operational in the financial segment has seen the company win more than 5,000 contracts with various private companies and over 250 tenders being awarded by Mexico’s state agencies. The company’s customer-centric approach is evident from 300+ collaborators that are provided expert training in customer service and assistance.
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XIUS is a mobile technology specialist focused on real-time transaction processing in Mobile Infrastructure & Services and Mobile Banking & Payments.
XIUS, the telecom division of Megasoft Limited, India brings together premium technology and outstanding value-added solutions for customers globally. Over 25 years of telecom expertise is proven by more than 230 deployments and customers that include Tier 1 mobile operators, MVNOs and large enterprises across 5 continents. Its strong belief in innovation reflects in the filing of 120 patents, with 35 awarded to date.
XIUS is adept in meeting its client expectations and their needs. The varied portfolio of MVNOs to which it has provided solutions and offers services comprise of digital, cable, banking, ethnic, M2M, youth, roaming, rural-inclusive, advertisement-based, retail and loyalty.
To know more, please visit www.xius.com.
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