Telefonica of Spain optimizes its international Wholesale Business with CARRIERS-interconnect.
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[June 23, 2005]

Telefonica of Spain optimizes its international Wholesale Business with CARRIERS-interconnect.

COSTA MESA, Calif., 23 June, 2005- CARRIERS-interconnect, global provider of Telecom wholesale and interconnect business solutions, announced today that Telefonica of Spain, the leading telecommunications operator in Spain, selected the CARRIERS-interconnect product suite for the management of their interconnection agreements, which will assure that all traffic is applied to the most profitable agreements.



Telefonica of Spain is the fifth company within Grupo Telefonica to select CARRIERS-interconnect for the integral management of their wholesale business. Telefonica of Argentina, Telesp (Brazil), CTC Chile, and Telefónica of Peru are also subsidiaries of the group who use CARRIERS-interconnect for their critical IT aplications.

The solution delivered by CARRIERS-interconnect, includes tools for comprehensive management of interconnection agreements, in depth agreement and traffic analysis, wholesale billing, bill reconciliation and collections.



The implementation of CARRIERS-interconnect will mean a significant reduction of costs and increased process efficiency for the Spanish company. This is attributed to the added features and functionality; and to the consolidation of previously scattered departamental systems into one sophisticated and robust application. The restructuring will also allow Telefonica to obtain more insight into their wholesale business and greater control of all the critical aspects that comprise it.

About CARRIERS-interconnect

CARRIERS-interconnect is a leading Interconnect, CABS, Meet-Point and Wholesale Billing solution provider for telecommunications companies across the globe.

CARRIERS-interconnect�s product suite allows worldwide carriers to simplify the management of inter-carrier relationships, and establish interconnection as a profit center for their business. CARRIERS-interconnect efficiently administers national and international agreements, provides a complete and comprehensive billing solution for the entire wholesale business - including special services and third party billing, and assists with the selection of optimal routes. Its product suite provides carriers with a means for assuring revenue through in depth credit risk analysis of existing and potential customers. Customer references include: AT&T, Bellsouth, CANTV Verizon, Colombia Telecommunications, CTC Chile, Hutchison, Telmex, Telefonica España
(Spain), Telecom Argentina, TELESP (Telefonica Brazil), ENTEL Bolivia (Telecom Italia), Movistar, etc.

For more information visit the CARRIERS-interconnect website at: www.carriers-interconnect.com

Contact:
Rita Barberis
rbarberis@carriers-interconnect.com
+54 11 4816 1116

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