MANAMA May 10th 2011: SINNAD, a leading third party card processing and ATM services and solutions provider for banks and financial institutions in Bahrain and the GCC countries, has announced that it has signed a network telecommunication services agreement with tawasul telecom – a leading regional MPLS services provider in the GCC. tawasul telecom will provide SINNAD with an end-to-end telecom solution with a single point of accountability for all connectivity services.
Mr. Ebrahim Janahi, General Manager of SINNAD stated: “We are very proud of our cooperation with tawasul telecom, a reputable regional telecoms provider enjoying a prime status on the local and regional level. We are confident that through this agreement we will be able to provide our clients with a higher standard of connectivity in terms of both dependability and follow through, which will in turn allow them to provide their own clients with the flexibility and security to conduct their financial transactions on a regional scale.”
Mr. Hani Al-Shakhs, CEO of tawasul telecom said: "In line with our efforts to provide secured transactions to our customers, SINNAD has signed with tawasul telecom to provide best-in-class MPLS connectivity solutions to expand its reach across the GCC and the Middle East region."
Mr. Al-Shakhs also went on to say: “tawasul telecom owns and operates the region’s only interconnected MPLS network, which was designed from the ground up with full redundancy and the highest of security standards. This in turn enables us to provide our customers with true SLAs that are unmatched in the region, giving our clients the peace of mind that enables them to focus on their core business.”
He further noted that SINNAD's assignment of tawasul telecom comes in light of both companies’ identical pursuit of strategic partnerships to provide leading financial and banking institutions in the region with dependable, flexible, economic and durable solutions to support their communication and transaction processing infrastructure.
SINNAD is a Joint Venture company between BENEFIT and Network International – the region’s leading card payment solutions provider
SINNAD is fully licensed by the Central Bank of Bahrain to provide End to End card processing and electronic banking solutions to financials and nonfinancial institutions and to help institutions grow business with minimum risk, higher efficiency, lower operating cost and increasing profit.
About tawasul telecom
tawasul telecom has successfully pioneered the provisioning of IP based services across multiple borders in the Middle East Region. In cooperation with regional carriers and international operators, tawasul telecom owns and operates its unique highly available interconnected MPLS network. The company’s services and solutions are also backed up by carrier grade Service Level Agreements (SLA); an exceptional offering in the region. tawasul telecom’s fully redundant network facilitates the provision of nonstop reliable services in accordance with international standards.