Mahindra Comviva extends its Latin American footprint

New Delhi, India, October 6, 2015: Mahindra Comviva, the global player in providing mobility solutions, has announced its partnership with SONDA, a leading systems integrator and IT services provider across Latin America. As per the terms of the partnership, With this partnership, Mahindra Comviva will be able to help its customers to implement mobility solutions based on their specific workloads, along with end-to-end solutions that can include hardware, software and services.

Mahindra Comviva is targeting a 300 per cent growth in revenue over the next three years with a strong focus on research and development in data analytics and future-oriented technologies. This will help the company contribute to industry standardization and support the digital transformation of society. Mahindra Comviva holds an 11 per cent market share in terms of deployment in the Latin American mobile money market. It is a preferred partner for several leading operators in El Salvador, Guatemala, Honduras, Bolivia, Colombia, Paraguay, Guyana, Curacao, Chile and Peru. The number of mobile money subscribers across its deployments in Latin America registered 170 per cent growth over the past one year.

Speaking on the occasion, Vikram Shanbhag, Senior Vice President, Americas Region and Global Channels at Mahindra Comviva said, “We are delighted to have partnered with SONDA, the leading system integrator with robust networks across the region. SONDA has built a strong reputation with their work and knowledge of the industry giving us a sound foundation to build and grow our business in the region.”

Raúl Véjar, SONDA’s CEO, expressed his satisfaction with the partnership, “We are hoping that the new synergies will create a fruitful business relationship with Mahindra Comviva, translating into broader benefits and added value for our customers who are aware of the advantages of emphasizing mobility systems and solutions which are key to competing efficiently in this massively digital era, where data analysis, management, interoperability and security are essential aspects”.

SONDA has been a leading systems integrator since its inception in 1974. In its 41 years journey, the company has achieved tremendous growth, helping more than 5,000 customers increase their businesses and be more efficient and competitive through an intensive and appropriate use of IT. The formal partnership aims to enhance the reach of Mahindra Comviva’s strong suite of services and products with SONDA’s comprehensive IT services & solutions portfolio and solid market position in the region.

© News Service

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