Home Page ContentPress Releases Comviva aims for two-fold business growth in MENA over the next three years

Comviva aims for two-fold business growth in MENA over the next three years

by Anthony Weaver

Comviva aims for two-fold business growth in MENA over the next three years

  • Appoints Ramy Moselhy as the new Market Unit Head for the region

Dubai, UAE – 23 January 2019: Comviva, the global leader in mobility solutions, today announced Ramy Moselhy as the new Market Unit Head for Middle-East and North Africa (MENA) region. This appointment comes at a time when Comviva is aggressively focusing on expanding its footprint across the MENA region to achieve the next growth phase. The company is targeting over two-fold business growth in the region over the next three years, with a strong focus on digital solutions and data analytics technologies.

Comviva is strongly investing in a mobile first, data enabled and contextually relevant offerings and is continuously strengthening its research & development and operational support of technologies in mobile financial, data analytics, enterprise messaging and digital services. It is also focusing on strategic partnerships and acquisitions as key to its growth strategy. This will help the company contribute to innovation within the industry and support the digital transformation of the region.

Manoranjan ‘Mao’ Mohapatra, Chief Executive Officer, Comviva commented, “The mobility solutions space in MENA region is set to witness a significant growth with the ongoing digital transformation of the region led by the increasing penetration of digital technologies and last mile network connectivity. At Comviva, our focus is to enhance the end-user’s mobile experience and improve partners’ business performance through our innovative solutions.’’

“I am delighted to welcome Ramy on board as we continue our focus on the MENA market. We are looking forward to drive sustainable business in this region by leveraging existing and new partnerships and achieving our growth objectives in the region,” further added Mohapatra.

Expressing his delight in joining Comviva, Ramy Moselhy said, “I am excited to be a part of Comviva’s global leadership team at a time when the company is aggressively focusing on extending its footprint in MENA. I’m truly impressed by the track record, investments, and the solutions that Comviva is offering in the region. I look forward to leading the MENA market unit and working closely with the existing team.”

With many countries in MENA region strongly advocating for digital transformation, Comviva finds itself in a favorable place to push through with next generation of digital transformational technologies. Following up with its focus on digital transformation, it has been able to strike new deals with major operators in the region.

Ramy brings with him almost two decades of experience in a wide range of multinational environments in sales management roles. He brings a strong cross geographical and culture team integration and working experience in Middle-East, Europe and Eurasia regions with solid sales achievements. Prior to joining Comviva, he most recently led the global sales and growth strategy across entire MENA region at eServGlobal. He has served several global sales management roles in Ericsson and Vodafone Group.

About Comviva Technologies Limited

Comviva is the global leader of mobility solutions catering to The Business of Tomorrows. The company is a subsidiary of Tech Mahindra and a part of the $21 billion Mahindra Group. Its extensive portfolio of solutions spans digital financial services, customer value management, messaging and broadband solution and digital lifestyle services and managed VAS services. It enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Comviva’s solutions are deployed by over 130 mobile service providers and financial institutions in over 95 countries and enrich the lives of over two billion people to deliver a better future. For more information, please visit www.mahindracomviva.com

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