Zain Group Drives Operational Efficiencies, Financial Compliance with iconectiv’s Comprehensive Fixed Asset Management Solution

Zain incorporating iconectiv Common Language®
solution to ensure reliable identification and monitoring of assets
across more than 20 countries

KUWAIT CITY, Kuwait–(BUSINESS WIRE)–Zain Group, a leading mobile telecommunications provider serving more
than 47.8 million customers in the Middle East and North Africa, today
announced it will incorporate the iconectiv Common Language®
solution to enhance capital and operational efficiencies within the
company. The solution from iconectiv, an authoritative partner of the
global communications industry, will help Zain gain new business
insights through the comprehensive and ongoing identification and
management of hundreds of thousands of network assets.

With $3 billion in annual revenue and operations in more than eight
countries, Zain is deploying iconectiv Common Language to ensure the
flow of consistent and accurate information throughout its network.

“At Zain, we are passionate about customer experience, operational
effectiveness and preparing the path for continued business growth,”
said Ossama Matta, CFO, Zain Group. “iconectiv Common Language will not
only give us real-time status of our network assets but also key
insights into our business performance. It will serve as a major
competitive advantage as we continue to expand services for our
customers across our markets.”

Common Language provides Zain with a centralized data infrastructure to
simplify the challenges related to fixed asset management. This is
accomplished by eliminating data silos, automating communications and
providing multiple departments with dashboard visibility of all network
assets.

“With Common Language, Zain can closely track the location, condition
and depreciation status of their fixed assets and network functions and
ensure financial and network managers have a shared understanding of
their value,” said Richard Jacowleff, President and CEO, iconectiv. “The
solution also provides Zain with highly accurate financial reporting and
inventory appraisal and the data it needs to meet compliance mandates
such as the International Financial Reporting Standards (IFRS).”

About Common Language

Common Language provides data information solutions that enable
communications providers and manufacturers to overcome complex network
management, asset management and service activation challenges. The
solution, which actively manages over 10 million locations and 400,000
network equipment items, is essential for identifying and defining
critical elements across any network.

About Zain

Zain is a leading emerging markets player in the field of
telecommunications aiming to become one of the top 10 mobile operators
in the world by 2011. Today it is the 4th-largest mobile
network in the world in terms of geographical footprint with commercial
presence in 24 countries spread across the Middle East and Africa
providing mobile voice and data services to over 64.7 million active
customers as of May 2009. For more, please visit www.zain.com
or email info@zain.com.

About iconectiv

At iconectiv, we envision a world without boundaries, where the ability
to access and exchange information is simple, secure and seamless. As
the authoritative partner of the communications industry for more than
30 years, our market-leading solutions enable the interconnection of
networks, devices and applications for more than two billion people
every day. We have intimate knowledge of the intricacies and
complexities involved in creating, operating and securing the
communications infrastructure for service providers, regulators,
enterprises, aggregators and content providers. Our 5,000+ global
clients rely on us for network and operations management, numbering,
registry and fraud prevention solutions. We are proud to be enabling the
world of tomorrow by making new connections today. A US-based company,
Telcordia Technologies, does business as iconectiv. For more
information, visit www.iconectiv.com.

Contacts

Sharon Oddy
iconectiv
+1-732-699-5130/908-809-2268
soddy@iconectiv.com

Casey Bush/Kyle Loomis
Global Results Communications
+1-949-689-9550
iconectiv@globalresultspr.com

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