Subex Bags Multi-Million Dollar Deal


New Delhi: Subex, a leading global provider of business support systems (BSS) for communications service providers (CSPs), announced that it has been selected to provide its revenue operations centre (ROC) fraud management and revenue assurance solutions to "the leading" Middle Eastern mobile operator, in a multi-million dollar deal. "This is the sixth multiple ROC solution win for Subex in the Middle East. The wide range of Subex references in the region, as well as Subex's expertise in the fraud management and revenue assurance domain, helped secure the contract", the Bangalore-headquartered company said in a statement. It did not give the exact value of the contract, nor named the customer. ROC fraud management is a solution that helps wireless and wireline operators eliminate known frauds, uncover new fraud patterns, minimise fraud run time, augment internal controls and support continuous fraud management process improvement, the company said. ROC revenue assurance is designed not only to detect potential revenue loss, but also to assist an operator with its investigation, diagnosis and recovery of these revenues, the statement added.
Source: PTI