Telecom-Telecommunication Services – Saudi Mirror http://www.saudimirror.com News On-line Wed, 04 Jan 2023 19:33:02 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 Prepay Nation promotes Paolo Montessori to Chief Executive Officer (CEO) http://www.saudimirror.com/prepay-nation-promotes-paolo-montessori-to-chief-executive-officer-ceo/ Wed, 04 Jan 2023 19:33:02 +0000 http://www.saudimirror.com/?p=215148 BERWYN, Pa., Jan. 04, 2023 (GLOBE NEWSWIRE) — Prepay Nation, a leading global B2B prepaid products marketplace, announces the appointment of Paolo Montessori as the new Chief Executive Officer (CEO). The Board of Directors has chosen Montessori to succeed A.J. Hanna as CEO by January 2023 after a thorough succession planning exercise.

After over 3 1/2 years at Prepay Nation, including the past 2 1/2 years as CEO, A.J. Hanna announced he will be leaving his role as CEO and Chairman of Prepay Nation by December 31st, 2022. A.J. will continue to support the transition as a special advisor to the Board of Directors and newly appointed CEO.

Paolo Montessori joined Prepay Nation in October 2021 as the Chief Revenue Officer. Throughout his more than 25–year career, Montessori has established a solid record of accomplishments leading telecom and financial services firms on a wide range of strategic and business–building possibilities during a time of constant evolution in the financial services and payments world. As CEO, Montessori's primary goals will be to strengthen Prepay Nation's financial position and solid foundation of assets, including a worldwide interconnected distribution network and prepaid marketplace, as well as to accelerate the company's growth plans and expand its payment alternatives.

Prepay Nation Board Chairman and CEO A.J. Hanna said, "We are delighted to welcome Paolo Montessori as the next CEO of Prepay Nation. Paolo is a proven leader known for talent development and leadership of teams while spurring growth and innovation in the fintech and telco industries. With his extensive experience expanding Comviva into new geographic regions, as the CEO of eServGlobal where he formed HomeSend, the cross border joint venture with MasterCard, as Chief Executive of Novatti's transaction processing business and CEO of innovative AI powered risk analytics fintech LenddoEFL, he is well–positioned to lead Prepay Nation in this new era. Paolo's focus on accelerating the company's growth and gaining wider adoption of our ecosystem offerings and prepaid marketplace capabilities with users and businesses will launch Prepay Nation 2.0."

Anurag Jain, Co–Founder of Prepay Nation added: "On behalf of the Board of Directors, our global employees, clients, and business partners, I want to thank A.J. for his dedication and enthusiasm to Prepay Nation and congratulate him on the many achievements and milestones we celebrated while he has been at the helm of this dynamic company. Under A.J.'s leadership, Prepay Nation expanded its global reach and grew an industry–leading marketplace for prepaid products and turned our capabilities into a competitive advantage."

Incoming CEO Paolo Montessori said, "Being selected to lead such a well–respected organization as Prepay Nation, a global technology and prepaid global marketplace, serving more than 150+ countries and over 5 billion users is a great honor and a tremendously exciting opportunity.

The passion for innovating with customer needs at heart is what has guided Prepay Nation since its start over a decade ago. I look forward to leading the team at Prepay Nation and working together to chart a future of growth, creating value for our shareholders while supplying essential prepaid services to our global audience."

A.J. Hanna added, "It has been an honor and privilege to lead Prepay Nation and help serve our worldwide partners and their users. I have many cherished memories of the time I spent working with our colleagues, whose talent, loyalty, and commitment to our clients are unmatched. I am proud of the purpose–driven business we shaped together, and I look forward to seeing the company and team flourish under Paolo's leadership."

About Prepay Nation:

Prepay Nation is a leading global B2B prepaid products marketplace that facilitates the purchase of cross–border top ups of mobile airtime, data, gift cards and utility payments across international borders. It boasts an operational presence in 150+ countries, with over 600+ mobile operator's partnerships across 300,000+ retail locations "" backed by a globally distributed team in the U.S., Canada, Asia, Europe, and the Middle East. We enable local and global brands to distribute their prepaid products through our omni–channel worldwide reseller network. Our partners benefit from increased sales, customer acquisition, engagement, retention and loyalty.

For more information, please visit www.prepaynation.com or contact Janis D'souza on hello@prepaynation.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e6e795e8–3952–4fac–be39–a9e19eaaf650


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Talabatey Integrates First Orion’s ENGAGE® Technology to Brand Mobile Communication http://www.saudimirror.com/talabatey-integrates-first-orions-engage-technology-to-brand-mobile-communication/ Mon, 31 Oct 2022 06:00:00 +0000 http://www.saudimirror.com/?p=213657 NORTH LITTLE ROCK, Ark., Oct. 31, 2022 (GLOBE NEWSWIRE) — First Orion, the leading provider of branded communication solutions for businesses, today announces its partnership with Talabatey, the largest app–based food delivery service in Iraq. Integrating First Orion's Branded Communication solution into the Talabatey app allows the food delivery service to increase efficiency and customer trust by branding outbound phone calls to its customers.

Food delivery services rely heavily on making timely phone calls and customers want to know who is calling and why. Survey results released in 2022 found that 93% of consumers want a call when there's a problem or substitution needed with their order and two–thirds of consumers would consider switching to a delivery service that could properly identify its calls.

"We continuously search for ways to improve the customer experience and make deliveries as efficiently as possible. Providing customers with the confidence to answer our calls and engage with our delivery drivers has led to reduced delivery times and food waste," said Omar Albanna, CEO of Talabatey. "Integrating First Orion's ENGAGE SDK into our app was a simple process, allowing us to change how our customers experience our calls quickly.”

First Orion's ENGAGE product improves both driver and customer satisfaction by restoring trust in the phone call and increasing answer and engagement rates. The ENGAGE SDK easily integrates into mobile apps and empowers businesses to display their name, logo and reason for calling on the call recipient's mobile device while calling and in the call log afterward on both Android and iOS devices.

"Demand for Branded Communication solutions continues to grow in the Middle East, and businesses in the time–sensitive food delivery industry are rapidly adopting the technology," said Temim Nawaf Adwan, MEAA managing director at First Orion. "Companies utilizing these solutions have experienced an improvement in engagement between the delivery driver and customer and overall operational efficiency. Talabatey will also resell branded calling to its massive network of SMEs to help them penetrate and integrate into the Iraqi market effectively."

For more information about First Orion's Branded Communication solutions, visit firstorion.com, and to learn more about Talabatey, visit talabatey.com.

About First Orion
First Orion Corp. is one of the fastest–growing telecommunications solutions providers and offers industry–leading branded communication and communication protection solutions to mobile carriers and businesses. Branded Communication products, INFORM and ENGAGE , empower consumers to connect over a branded and verified call and are used by hundreds of companies worldwide. First Orion's Communication Protection suite offers scam, fraud, and spoof protection solutions to hundreds of millions of consumers and processes more than 100 billion calls annually for T–Mobile, Metro by T–Mobile and Boost Mobile Networks. For more information, visit firstorion.com.

First Orion Media Relations
media@firstorion.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/35cf4206–250e–4093–b963–44a6f3b4ddc9


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Zofeur Utilizes First Orion’s Branded Communication Solution to Increase Operational Efficiency and Customer Trust http://www.saudimirror.com/zofeur-utilizes-first-orions-branded-communication-solution-to-increase-operational-efficiency-and-customer-trust/ Tue, 07 Jun 2022 05:00:00 +0000 http://www.saudimirror.com/?p=213897 NORTH LITTLE ROCK, Ark., June 07, 2022 (GLOBE NEWSWIRE) — First Orion, the leading provider of branded communication solutions for businesses, today announces its partnership with Zofeur, the world's first on–demand and pay–per–minute personal chauffeur service platform with no minimum usage commitment. Zofeur leverages First Orion's Branded Communication product, ENGAGE , to increase operational efficiency and customer trust by branding outbound phone calls made to customers.

First Orion's Branded Communication technology brands more than 80% of Zofeur's outbound calls and enables the chauffeur service to place its name, logo and reason for calling on the call recipient's mobile device. Consumers worldwide have become conditioned not to answer unidentified phone calls due to the prevalence of scam and spam calls. ENGAGE provides consumers with the context for the call and provides spoof protection to reduce scammers from intercepting or duplicating the graphics in real–time.

"Not only do our drivers make fewer calls to the same number since implementing First Orion's Branded Communication technology but they are also having more efficient and engaging conversations since the customer already knows who is calling," said Bunty Monani, co–founder of Zofeur. "Apart from the clear benefits that branded calling provides to our business and customers, we're thrilled to collaborate with a tech company that is also at the forefront of its industry."

Zofeur offers people in Dubai 24/7 access to a network of professionally trained drivers and the ability to book them on–demand through a mobile app. The company does not require a minimum usage commitment and its offerings go beyond a safe driver service. Customers can use Zofeur for all types of services, from taking a car to and from the service stations, to filling up petrol or dropping off dry–cleaning. The startup recently raised half a million dollars and is set for international expansion, starting in Saudi Arabia and Bahrain. Zofeur has more than 150 drivers and 75,000 app downloads.

"Zofeur is a customer–centric company that knows the value each interaction can have in terms of brand reputation and operational efficiency," said Temim Nawaf Adwan, MEAA Managing Director at First Orion. "The ability to avoid multiple calls and delays due to missed calls is crucial for businesses that rely heavily on timely communication. Our Branded Communication solutions provide an enterprise–wide impact through increased employee productivity, customer engagement and answer rates."

For more information about First Orion's Branded Communication solutions, visit firstorion.com, and to learn more about Zofeur, visit Zofeur.com.

About First Orion

First Orion Corp. is one of the fastest–growing telecommunications companies and provides industry–leading branded communication and communication protection solutions to mobile carriers and businesses. Branded Communication solutions, INFORM and ENGAGE , empower consumers to connect over a branded and verified call and are used by hundreds of companies worldwide. First Orion's Communication Protection suite offers scam, fraud, and spoof protection solutions to hundreds of millions of consumers and processes more than 100 billion calls annually for T–Mobile, Metro by T–Mobile and Boost Mobile Networks. For more information, visit firstorion.com.

About Zofeur

Zofeur is the world's first on–demand PAY–PER–MINUTE chauffeur services platform with no minimum usage commitment "" be it 10 minutes, 10 hours, or 10 days. Born in Dubai, UAE, it's a marketplace app that connects customers with drivers and allows users to get chauffeurs anywhere within 30 mins with one click on the mobile. It is one of the fastest–growing startups in the region and plans to expand locally as well as internationally by the end of 2022. Zofeur is about your car, your comfort, your convenience, and your chauffeur. Control over your life at a lower price on pay per minute.

Contact:
Ericka Rivera
erivera@uproarpr.com


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Sudden regulatory changes are “challenging” but will develop the region into a first-class business destination, say experts http://www.saudimirror.com/sudden-regulatory-changes-are-challenging-but-will-develop-the-region-into-a-first-class-business-destination-say-experts/ Tue, 31 May 2022 12:34:58 +0000 http://www.saudimirror.com/?p=214461 DUBAI, United Arab Emirates, May 31, 2022 (GLOBE NEWSWIRE) — According to a report released this week, "challenging" or "extremely challenging" is how 51% of legal decision–makers surveyed describe sudden changes to regulatory policy in the Middle East and North Africa (MENA). The new report also highlighted, that it is not just the pace at which new regulation is being introduced that provides a challenge, but decoding and then enforcing it.

The report, entitled "Legal Leaders in MENA," was commissioned by Al Tamimi & Company to investigate, and lift the lid, on what is keeping the region's legal decision–makers awake at night, and what are the emerging risks and priorities challenging the legal sector across the region. The report captured the views of 700 legal decision–makers across nine countries and 13 industry sectors in the MENA region.

The Legal Leaders in MENA report acknowledges that, while the regulatory environment continues to evolve at a rapid pace, the initiatives being put in place will continue to develop the region into a first–class business destination. The report further identifies that the frequent introduction of new regulatory policy has challenged businesses to stay abreast of legal change. This is reflected by the emphasis businesses are placing on the role of legal decision makers within their organisations, with 54% of respondents stating they now have a seat on their board of directors, or equivalent. Furthermore, 90% of legal decision–makers surveyed revealed that they are now advising on corporate strategy.

The report examines a number of pertinent areas that are high on the legal agenda, including the rise of Environmental, Social and Governance (ESG). The growing importance of ESG is highlighted within the report, with a massive 94% of legal decision–makers occasionally, or regularly, assessing ESG risk and compliance within their role. Unsurprisingly, 80% of legal decision–makers expect ESG considerations to become more important to their work in the coming years. As ESG transitions into the realm of legal and compliance, the report makes it clear that legal decision–makers will play a central role in the implementation of future ESG policies.

"We welcome the progress being made in the regulatory landscape across the region," said Samer Qudah, Managing Partner at Al Tamimi & Company. "The Legal Leaders in MENA report has highlighted a fast–changing environment, implementation of modern technology, and prominence of ESG as key factors to which the legal community must pay close attention. We will act on this information and ensure our legal teams are regularly upskilled to handle the progressive legal landscape in the region. This will in turn ensure we are equipped to meet the growing demands of our clients and fulfil our evolving role as advisors."

Commenting on the launch of the 2022 Legal Leaders in MENA report, Essam Al Tamimi, Chairman, Al Tamimi & Company, said:
"The regulatory changes and updates being implemented are positive and will align the region with international standards. It is clear, that against a challenging backdrop our role as legal decision–makers is growing in importance, and this can be seen by our increasing influence on corporate strategy. As we navigate our way through a rapidly developing legal landscape, clients will look to us for guidance, answers, and advice more than ever before. We will ensure we are prepared and stand ready to support our clients."

Legal Leaders in MENA – Other key findings:

  • Covid fails to deter investment
    • 43% of legal decision–makers say their companies are planning to increase future investment in the growth of their company, with another 35% holding investment firm.
  • Africa is the investment destination of choice
    • legal decision–makers we surveyed looking to enter new geographies, 81% are looking to expand their operations in Africa.
  • Technology and innovation will underpin growth
    • 48% of the legal decision–makers surveyed have increased their investment in digital capabilities in 2021 compared to the year before.
    • 69% see business model innovation as important, while 39% of legal decision–makers see innovation as core to their business.
  • Legal under the spotlight
    • The top three most pressing risk and compliance issues that legal decision–makers need to address in 2022 are – new financial standards and taxation, changing ownership regulations and new health and employee welfare/employment standards.

A copy of the 2022 Legal Leaders in MENA report can be downloaded here

Amit Joshi
Al Tamimi & Company
A.Joshi@tamimi.com
+971 (0) 525581217

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/c17bb6e7–544c–4430–b7ea–71b595ba01d9

https://www.globenewswire.com/NewsRoom/AttachmentNg/3b39f69b–facd–4473–827a–1f514d98d5f1


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Cinturion Participates at Expo 2020 Dubai UAE http://www.saudimirror.com/cinturion-participates-at-expo-2020-dubai-uae/ Thu, 16 Dec 2021 11:36:00 +0000 http://www.saudimirror.com/?p=213798 HAMILTON, Bermuda, Dec. 16, 2021 (GLOBE NEWSWIRE) — Cinturion Corp Ltd. a global provider of scalable, subsea and terrestrial capacity–based network solutions spanning India, the Middle East and Europe, is excited to announce their participation at Expo 2020 Dubai, the largest event ever staged in the Middle East. Expo 2020 brings together over 200 participants from around the world with the common goal of supporting advancements in education, technology, and innovations that will shape the future and unlock new opportunities.

On January 13, 2022, Cinturion along with their partner GCCIA (Gulf Cooperation Council Interconnection Authority) will participate in a panel discussion session on the topics of global communications networks, the latest communications technologies, and the investment opportunities offered by GCCIA.

GCCIA along with other Telcom specialists will address:

  • The evaluation of connectivity in MENA region over the past years.
  • The potential of terrestrial cable in GCC and the opportunities it brings for the Hyperscale's / Cloud companies as well as large enterprises.
  • The challenges in communication technologies for long terrestrial cable and how to overcome the challenge.

Cinturion will have the opportunity to reveal their TEAS "" Trans Europe Asia System. The most advanced new–build network that will fulfill demand for an open–access system with the lowest latency and most diverse routes between India, the Middle East & Europe. TEAS will provide much needed capacity, speed, and redundancy to companies in the region, particularly new data centers as well as content and cloud service providers.

TEAS network consists of two diverse connections across the Mediterranean Sea, continuing with two diverse paths inter–linking the Middle East, with multiple routes across the Arabian Peninsula, and a route through the Gulf of Aqaba and the Red Sea. This first new dual path (subsea and terrestrial) system of its kind will provide geographic routes between Pescara, Italy and Marseille, France and Mumbai, India. TEAS will enable new services with its unique and robust optical capabilities to support modern Data Center deployments, bringing broadband and ultra–low latency access to European, Middle East and Indian markets. When complete, TEAS will offer individual fiber ownership and open a new passage for internet traffic to a broad range of customers.

For information on GCCIA contact Alaa Rahma, Email: arahma@gccia.com.sa
Go to https://www.gccia.com.sa for further information.

For Cinturion and TEAS sales contact Bill Marra, bmarra@cinturiongroup.com. Media contact Lisa Cruise, lcruise@cinturiongroup.com.


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Singapore to Leverage the Global Cyber Alliance’s IoT Threat Analytics Platform http://www.saudimirror.com/singapore-to-leverage-the-global-cyber-alliances-iot-threat-analytics-platform/ Wed, 06 Oct 2021 12:30:00 +0000 http://www.saudimirror.com/?p=214022

SINGAPORE and NEW YORK, Oct. 06, 2021 (GLOBE NEWSWIRE) — Today, the Cyber Security Agency of Singapore (CSA) has announced that it will partner with the Global Cyber Alliance (GCA) to leverage the capabilities of GCA's Automated IoT Defence Ecosystem (AIDE) platform to monitor and address IoT threats and safeguard the cybersecurity of the IoT space. The project will be the first large–scale application of the AIDE platform.

The global number of IoT devices is expected to rise to more than 50 billion by 2030. This presents a huge attack surface for malicious actors, which may lead to consequences like the theft of personal data and the disruption of services using IoT devices as botnet nodes to conduct distributed denial of service (DDoS) attacks. There is a need to proactively watch for global IoT threats and attack data, so that nations can be better prepared before the next wave of botnet attacks hit their shores.

The IoT threat analytics platform can provide CSA visibility on the types of IoT–related cyber threats that may affect the country's cyberspace. The insights from the platform allow partners to put in place policies and technical measures to safeguard against threat vectors through the conduit of IoT devices. The result is a better prepared and safer IoT cyberspace.

“The use of IoT devices is growing exponentially. CSA has introduced several initiatives to improve IoT security, including the world's first multi–level labelling scheme for consumer IoT devices"" the Cybersecurity Labelling Scheme. This latest initiative ""our partnership with GCA on AIDE"" will help us be better prepared against potential IoT attacks. Cybersecurity is a team sport where everyone has a part to play. CSA will continue to work with stakeholders to look for ways in building a more resilient and secure IoT space,” said Mr. David Koh, Commissioner of Cybersecurity and Chief Executive of CSA.

GCA's AIDE ecosystem is a central component of the project. This large repository of IoT threat intelligence relies on a globally distributed honeyfarm and on data feeds from partners.

According to Mr. Philip Reitinger, President and CEO of GCA, “This is a unique opportunity to increase GCA's international collaboration and expand our network of partners, from cybersecurity agencies and large internet players to academia and research institutions. This project ""and CSA's support as a whole"" is a crucial milestone in our roadmap for the AIDE ecosystem and in our long–term vision on IoT cybersecurity. The fact that this effort is happening in Singapore, a global flagship for technology, will pave the way to expand the initial scope of the project to other international smart cities.”

To learn more about AIDE visit: https://www.globalcyberalliance.org/aide/.

About the Global Cyber Alliance
The Global Cyber Alliance (GCA) is an international, cross–sector effort dedicated to reducing cyber risk and improving our connected world. We achieve our mission by uniting global communities, implementing concrete solutions, and measuring the effect. GCA, a 501(c)(3) in the US and a non–profit in the UK and Belgium, was founded in September 2015 by the Manhattan District Attorney's Office, the City of London Police, and the Center for Internet Security. Learn more at www.globalcyberalliance.org.

Contact at GCA:
Alejandro Fernndez–Cernuda Daz
Director of Engagement, Internet Integrity Program
afcernuda@globalcyberalliance.org


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Al Tamimi & Company advises Telecom Egypt to sign a reformed shareholder’s agreement with Vodafone Group http://www.saudimirror.com/al-tamimi-company-advises-telecom-egypt-to-sign-a-reformed-shareholders-agreement-with-vodafone-group/ Wed, 09 Jun 2021 13:02:44 +0000 http://www.saudimirror.com/?p=213975 GIZA, Egypt, June 09, 2021 (GLOBE NEWSWIRE) — Telecom Egypt and Vodafone Group have signed a revised Shareholders' Agreement today, after nearly three years of negotiating a settlement. The agreement thoroughly stated certain variations to Vodafone's payment policy. Al Tamimi & Company have legally advised Telecom Egypt on renegotiating aspects of the shareholder's current agreement between Vodafone Group. The amended and restated shareholder's agreement is mainly targeting the mutual protection for the corporate domination and exit rights of both parties.

Ehab Taha, Partner and Head of Corporate Commercial, commented: "We are pleased to have advised Telecom Egypt on this amended shareholders agreement. This agreement enhances the rights of Telecom Egypt as a shareholder in Vodafone Egypt for Telecommunications and sets the way forward for a true partnership between Telecom Egypt and Vodafone Group for future years to come. The new agreement will lead to further stability and enhancement in the mobile telecommunication market in Egypt," Ehab Taha added.

Further developments after the restated signed agreement has been announced, Vodafone Egypt will have the accessibility to transfer its data within the wider Vodafone Group. TE still has its existing rights in the agreement and has obtained other superior rights, including access to information. Regarding payment terms, Vodafone Egypt already paid 2 billion EGP last March and still has to pay a dividend of 10 billion EGP to its shareholders during this year. Lastly, going forward both parties have agreed on an extra 60% of free cash flow.

For further information, please contact:

Zeina Makarem
Regional Marketing Manager, Al Tamimi & Company
E: z.makarem@tamimi.com
T: 01000484182

NOTES TO EDITORS

Al Tamimi & Company is the largest law firm in the Middle East with 17 offices across 9 countries. The firm has unrivalled experience, having operated in the region for over 30 years. Our lawyers combine international experience and qualifications with expert regional knowledge and understanding.

We are a full–service firm, specializing in advising and supporting major international corporations, banks and financial institutions, government organizations and local, regional and international companies. Our main areas of expertise include arbitration & litigation, banking & finance, corporate & commercial, intellectual property, real estate, construction & infrastructure, and technology, media & telecommunications. Our lawyers provide quality legal advice and support to clients across all of our practice areas.

Our business and regional footprint continues to grow, and we seek to expand further in line with our commitment to meet the needs of clients doing business across the MENA region.

For more information, please visit www.tamimi.com


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