MADRID, Spain, Jan. 17, 2008 (PRIME NEWSWIRE) -- Telvent (Nasdaq:TLVT), the IT company for a sustainable and secure world, announced today that it had signed a contract with Yoigo, the cellular phone operator, to manage all of its information and communications systems. The total amount of the contract exceeds 4.7 million euros.
The new contract gives Telvent the mandate to handle Yoigo's global outsourcing and management systems. Thus, the contract benefits the telephone company and its clients. Specifically, Telvent will operate Yoigo's systems and work desks, as well as administrate and ensure the security of its telecommunications and data bases.
In addition, Telvent will support and offer basic consultancy on potential technology updates or improvements. Through this specialized attention, Yoigo's exploitation and evolution of business applications will be secured, along with the integration of said applications with third parties.
"It is a great opportunity to provide Yoigo with the tools to communicate with key market operators, while strengthening Telvent's ability to offer projects that ensure effective solutions through the most suitable technology. With this contract, Yoigo can guarantee the highest security level and service availability at the lowest operating costs and best guarantee," pointed out Jose Ignacio del Barrio, Executive Vice President of Telvent's Global Services division. "The start-up of this project consolidates our capacity to adapt to the needs of Yoigo as it grows and develops its business," he concluded.
By outsourcing its business processes Yoigo creates greater added value, optimizing its resources while ensuring better customer service 24 hours a day, seven days a week. In order to provide these services, Telvent will resort to its expertise centers. Currently, Telvent has at its disposal more than 5,100 professional developing, managing and operating technology systems.
Telvent, which provides services in five continents, with a special emphasis on North America and Europe, is committed to the best practices set forth in the Information Technology Infrastructure Library (ITIL) to ensure quality success in the outsourcing of its clients' services.
About Telvent
Telvent (Nasdaq:TLVT), the IT company for a sustainable and secure world, specializes in high-value-added products, services and integrated solutions in the Energy, Transportation, Environmental and Public Administration industry segments, as well as Global Services. Its innovative technology and proven experience help ensure secure and efficient management of the operating and business processes of the world's leading companies. (www.telvent.com)
The Telvent GIT S.A. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3116
About Yoigo
Yoigo is the fourth largest mobile phone operator in the Spanish market. The service it offers is based on honesty, transparency, simplicity and the streamlining of internal resources enabling it to pass on savings directly to its customers and offer lower prices.
Yoigo offers a single tariff for prepaid and post-paid of 0 euros/minute for all calls to Yoigo phones and 12 cents/minute and 10 cents for text messages. The connection charge is 12 cents.
Yoigo's services can be contracted online at www.yoigo.com, or by phoning 800 622 800, or visiting one of the The Phone House shops or Carrefour, Alcampo and Media Markt stores. TeliaSonera, the leading telecoms operator in the Nordic and Baltic region has a 76.6% stakeholding in the company. ACS, the construction and services group, has a 17% stake, FCC, a 3.4% stake and Telvent, a 3% stake.