Integrity Treasury Solutions signs Celtel International BV

London, UK – Integrity Treasury Solutions today announced the signing of Celtel International BV based in Hoofddorp, The Netherlands. Celtel selected to support the company’s treasury and cash management requirements across its European and African business activities with strong emphasis on their cash management and liquidity forecasting.

Celtel builds and operates world-class communications networks that deliver reliable and competitive services in Africa.

Celtel began mobile phone operations in 1998, and since then have built networks in 13 African countries, under licenses that cover more than a third of the population of Africa.

The original holding company, MSI Cellular Investments, changed its name to Celtel International in January 2004. Celtel has invested more than $750 million in Africa, with the goal to build and operate world-class networks that will keep pace technologically with networks in Europe and North America.

After reviewing several treasury and cash management systems the choice of was based on its ability to deliver the best fit to Celtel’s requirements and provide on-going flexibility.’s open platform architecture and connectivity with banking software, flexible global reporting tool and deployment flexibility to collect Cash Liquidity forecasting, were key considerations in the decision.

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