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Megasoft teams up with Telecom NZ
Megasoft Ltd, a technology solutions provider, has announced its global partnership with Telecom New Zealand to offer integrated solutions to mobile network operators, including managed and hosted applications.
Megasoft Ltd , a technology solutions provider, has announced its global partnership with Telecom New Zealand to offer integrated solutions to mobile network operators, including managed and hosted applications.
The deal is two-pronged. While Xius, the products arm of Megasoft would deploy its products and manage TNZ's facility, they will together market a range of solutions.
The Chief Executive Officer of Megasoft, Mr G.V. Kumar, said this deal would mean an investment of about $2-3 million in infrastructure and creating a dedicated workforce to address TNZ requirements.
While during this financial year it could yield up to $1 million in revenues, it has the potential to offer about $5 million in a fiscal year.
"Apart from an integrated telecom services provider, TNZ also manages several networks in the region and some markets in the US and Europe.
Having a base in Los Angeles, we plan to create a facility that would provide hosted application service provider based solutions. The revenues would be through transactions," he said.
The Chief Executive Officer of Megasoft, Mr G.V. Kumar, said this deal would mean an investment of about $2-3 million in infrastructure and creating a dedicated workforce to address TNZ requirements. 
