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CyberPlat® Took Premier Place in Beeline Top-up Volumes - According to 2006 annual results, VimpelCom – the owner of the Beeline trademark – has acknowledged the primacy of CyberPlat® in the accepted volumes of subscriber top-up payments
CyberPlat® Took Premier Place in Beeline Top-up Volumes

 

NewswireToday - /newswire/ - Moscow, Russia, 2007/01/10 - According to 2006 annual results, VimpelCom – the owner of the Beeline trademark – has acknowledged the primacy of CyberPlat® in the accepted volumes of subscriber top-up payments.

   
 
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CyberPlat® corroborates incontestable advantages of the system and consistently sustains a leadership position in the market of hard cash top-up. Based on the results of collaboration in 2006, the VimpelCom Open Joint Stock Company has awarded CyberPlat® for the first place in the top-up payment acceptance volumes in Russia, having thus, once again, testified to the high achievements of the electronic payment system. The CyberPlat® payment system has proved its unconditional leadership in its market segment. For already 8 consecutive years, the CyberPlat® Company has been accepting top-up payments for the benefit of various service providers. The dynamics of business development is increasing at a running pace – in 2006 the volume of payments, performed via the system, more than doubled.

The subscribers of cellular communication in Russia and Kazakhstan have highly appreciated the excellent level of services rendered by CyberPlat® and are using them actively. Two seconds are sufficient for a subscriber to top-up his or her mobile account through CyberPlat®. Even at the moments of peak load, the system demonstrates a record-breaking fault resiliency and is capable of processing over 800,000 transactions per hour. By the fault resiliency indicators, CyberPlat® surpasses the nearest rival five times.
Today, subscribers enjoy a wide top-up terminal network comprising over 38,500 outlets; they include hard cash top-up terminals, shops, pharmacies, post offices, telecommunications salons, petrol stations, as well as branches of the leading Russian banks. Practically in every public place, there exists a possibility to top-up a mobile operator account, pay for housing and utilities, etc.

The successful operation of Russia’s leading electronic top-up system, CyberPlat®, for the past years, has repeatedly been distinguished by VimpelCom’s diplomas and awards. The record volumes of top-up payments from Beeline subscribers are an objective evidence of efficiency of CyberPlat®’s services.

“Far back in 1998, the first top-up payment conducted via our system was made exactly for the benefit of Beeline,” the Director General of CYBERPLAT.COM, Andrew Gribov, comments. “Since that time, our company’s turnover has increased by scores. In close partnership, we entered the third millennium – a new age of telecommunication development. And I am glad that our fruitful cooperation has opened and broadened the access to modern technologies for the widest strata of our country’s population.”
Nowadays, over 51.9 million of subscribers are connected to the Beeline network, including 4.4 million subscribers in the CIS countries. The Company operates in 78 regions of Russia; where there reside 94% of the country’s population. The operator’s network covers the entire territory of Kazakhstan, Ukraine, Tajikistan and Uzbekistan. The geography of Beeline’s roaming counts over 200 countries. Beeline is the official provider of cellular communication for the State Duma of the Federal Assembly of the Russian Federation.

About VimpelCom, OJSC

VimpelCom, Open Joint Stock Company, provides services of cellular communication under the Beeline trademark since 1993. By the estimate of the international consulting company, Interbrand Group, Beeline is acknowledged as Russia’s most powerful and expensive brand worth of more than 5 billion US dollars. VimpelCom was the first Russian company to list its shares on the New York Stock Exchange (NYSE) in November 1996. Its ADSs (American Depositary Shares) are traded under the "VIP" symbol. Presently, VimpelCom has been recognized by independent institutions and organizations as a leader among Russian companies in corporate governance and transparency.

About Cyberplat.com, JSC

Cyberplat.com, Joint Stock Company, is a Russian leading Internet company providing services in e-commerce, including payment processing and secure online document interchange. The Company product is a broad-based multi-banking integrated system of Internet top-up – CyberPlat®. The CyberPlat® electronic payment system is currently an absolute leader in the top-up market. Currently, the CyberPlat® top-up network comprises over 38,500 outlets accepting hard cash top-up payments for the benefit of the leading telecommunications operators, providers of commercial television and various services – Beeline, Mobile TeleSystems, MegaFon, Tele2, NTV-Plus, etc. – throughout the entire country. The total turnover in 2006 exceeded 2 billion 600 million US dollars.

 
 
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Written by / Agency / Source: CyberPlat®

 
 

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CyberPlat® Took Premier Place in Beeline Top-up Volumes

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Publisher Contact: Igor Kolosov - Platina.ru 
+7 495 967 0220 x55 kolosov[.]platina.ru
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any CyberPlat® securities in any jurisdiction including any other companies listed or named in this release.

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