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MACH opens Rs 100 million unit in Bangalore

MACH India has been set up as a fully owned subsidiary with an investment of Rs 100 million in the form of equity.

MACH Managing Director Michel Van Moer has said the Indian company will be headquartered in Bangalore and have processing facilities to handle

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subscriber call data generated by Indian GSM cellular operators.

MACH, worldwide, has a customer base of 90 operators and market share of 70 per cent for its clearing operations.

MACH India will provide services such as roaming agreements negotiation and administration, basic data and financial clearing, fraud prevention and training to the specification of new standards.

MACH India will also take up analog clearing with the US in the next couple of months.

Referring to the location of Indian operations at Bangalore, Moer said the company proposes to outsource software from India.

It plans to charge around 28 to 55 paise for processing every call, he added.

He said MACH India is hopeful of breaking even in the third year of operations. In Europe alone, MACH processes over 100 million calls, he claimed.

- Compiled from the Indian media

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