MACH and Telefonica Moviles Colombia - Movistar Announce Financial Clearing Partnership.

0 Comments | M2 Presswire, January, 2007

M2 PRESSWIRE-23 January 2007-MACH: MACH and Telefonica Moviles Colombia - Movistar Announce Financial Clearing Partnership(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:23012007 Luxembourg - MACH, the leading clearing and settlement partner for mobile based transactions, today announced that it will provide GSM roaming financial clearing and settlement services to Telefonica Moviles Colombia S.A.

Movistar, one of the leading telecommunications company in Colombia. With these services Movistar will be able to optimise its cash-flow and offer its subscribers secure and reliable international roaming. Under the agreement Movistar has outsourced the complete GSM financial clearing and settlement process to MACH, which will provide its MACH Finance solution. MACH...

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