cVidya Networks awarded the prestigious Global Telecoms Business Innovation Award in “Billing Servic

cVidya recognised for its achievements in the latest phase of its revenue assurance programme at BT group


London, UK, June 29th 2009 – cVidya Networks, a leading provider of Revenue Assurance and Dealer Management solutions, has announced that is has been awarded the prestigious Global Telecoms Business (GTB) Innovation Award for “Most Innovative Project within Billing Services” at an awards ceremony held in London.

cVidya was selected in recognition of the latest installment of its revenue assurance programme at BT. This phase included the implementation of MoneyMap® Rating and Billing Verification and Partner Invoice Reconciliation solutions. The GTB Innovation Award was founded by Global Telecoms Business magazine in order to reward and encourage outstanding technological achievements and innovations in the telecommunications sphere. The programme at BT has involved implementing cVidya’s market leading solutions designed to facilitate proactive revenue assurance practices.

“We are delighted to have won this award together with BT. This award recognises the growing importance of both billing verification within revenue assurance and dispute management as an independent discipline”, commented Alon Aginsky, CEO of cVidya Networks. “This project represented a significant challenge, both in terms of scope and complexity. cVidya has been working together with BT to achieve the goal of improving BT’s customer satisfaction, operational efficiencies and commercial management associated with third parties. BT’s contribution was essential for delivering outstanding service and results through every phase of the programme”.

Alan Burkitt-Gray, Editor of Global Telecoms Business, remarked upon the Awards: “The project stood amongst strong competition and we’re delighted to award this to cVidya. Congratulations to all involved in making this a success.”


Global Telecoms Business

Global Telecoms Business is the journal for senior management among communications service providers worldwide. The magazine was founded in 1993. It reviews commercial and technical developments within the telecommunications sector from a business management perspective. Each edition carries in-depth interviews with the CEOs of major telecoms service providers and detailed insight into strategic issues of importance to the industry, including wireless and wireline convergence, triple play, VoIP, OSS and finance.