Global Electronic Business Exchange Efficiently Handles Interconnect Transactions for Telecom Service Providers
Verizon Business became a member of iXLink, as announced by Telarix, Inc. XLink, founded in conjunction with a number of the world’s leading telecom providers, enables service providers to quickly and efficiently access and share business information among their trading partners.
Being a leading provider of advanced communications solutions for enterprise and government customers, Verizon Business is one of the three operating units of Verizon Communications, (NYSE:VZ), and has offices in 75 countries and six continents. The Gartner Inc., a leading industry analyst firm, recently placed Verizon Business in the Leaders quadrant of the European network service providers.
Today, the increasing complexity and volume of price lists, invoices, declarations and other business documents, combined with the variety of data formats now being used, has created a challenging environment for service providers. Most are finding that they must devote substantial resources to track, format, validate, process and manage these documents and transactions with each business partner.
An open community of telecom carriers, iXLink, enables carriers to efficiently exchange business information. By electronically exchanging business data and documents, carriers can streamline their interconnection management processes as well as reduce the complexity and administrative costs surrounding daily interconnect transactions.
“We are pleased to have Verizon Business as a member of the iXLink community,” said Don Lynch, CEO of Telarix. “The establishment of iXLink provides an innovative intercarrier exchange service that will foster a more robust wholesale market while enabling service providers to streamline the existing interconnect processes.”
iXLink is a neutral, global business information exchange service designed specifically for the telecom industry. Created in conjunction with a number of the world’s telecom providers, iXLink provides a secure, reliable business-to-business information exchange platform that enables
communication service providers to automate business processes as well as quickly and efficiently access and share business documents among their trading partners. iXLink is a service of Telarix Inc.
About Telarix Inc.
Telarix Inc. is the world’s leading provider of Interconnect Business Optimization (IBO) and settlement solutions for content providers, IP service providers and global fixed and mobile operators.
For more information, please visit their website: http://www.ixlink.com
Source for this post: Telarix Inc.