IT solutions provider Megasoft Ltd, on Tuesday, said it has made a multi-million dollar equity investment in the US-based Keystone Wireless, which would enable it to share proportionate revenues of the foreign firm.
Also, the company’s telecom unit XIUS has signed a multi-year mobile virtual network operator (MVNO) deal, which would enhance the subscriber experience and competitiveness of the US marketplace said Megasoft. “We are very pleased about our partnership with Keystone Wireless, which will bring a high-quality US nationwide footprint to this MVNO offering,” Megasoft Chief Executive Officer G V Kumar said.
The company, however, did not divulge further details about the investment and the deal. Keystone Wireless would deploy the XIUS VOISE (Virtual Operator Integrated Services Engine), 3.0 convergent platform, the statement said.