News

Telekom Slovenije successfully implements Subex's ROC

Addresses Revenue Assurance and Fraud Management requirements to boost efficient operations

Bangalore, INDIA: Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS), today announced that it has successfully completed the implementation of its Revenue Operations Centre (ROC) for Fraud Management (NikiraT V6.1 solution) and Revenue Assurance (MonetaT V2.6 solution) at Telekom Slovenije, Slovenia's leading telecom operator.

As a result of the implementation, Telekom Slovenije (TS) has effectively and efficiently controlled revenue generating systems and processes, and reduced the occurrence of various types of internal and external fraud. This has helped TS enjoy significant financial benefits through increased revenue and reduced losses.

"We are very happy with the performance of Subex's fraud management and revenue assurance solutions. The implementations were completed well within the stipulated timeframe and the professional and excellent project management methodology made the implementations smooth", said Tomaz Kraskovic, Director Finance, Telekom Slovenije.

Sudeesh Yezhuvath, COO, Subex Ltd, said, "Telekom Slovenije is a key customer for us and we are glad that the ROC, for fraud management and revenue assurance applications, has been implemented successfully. This is also a clear indication of the superiority of our products and reinforces our position as a global leader in OSS/BSS. "

With the implementation of the Nikira and Moneta solutions, TS is now running its operations on the ROC, a strategic platform that covers revenue assurance and fraud management requirements of the operator. Nikira is helping TS with fraud prevention by eliminating known frauds, reducing free run time, augmenting internal controls and through continuous fraud management process improvement. Moneta in turn is improving the health and vitality of TS's revenue chain by providing unprecedented automated correction capabilities to improve bottom-line results and provide a quick return-on-investment.

About Subex Limited

Subex Limited is a leading global provider of Operations and BusinessSupport Systems (OSS/BSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimization and Service Agility - thereby enabling them to better operational efficiency to deliver enhanced service experiences to subscribers. The company pioneered the concept of a Revenue Operations Center (ROC) - a centralized approach that sustains profitable growth and financial health through coordinated operational control.

Subex's product portfolio powers the ROC and its best-in-class solutions enable new service creation, operational transformation, subscriber-centric fulfillment, provisioning automation, revenue assurance, cost management, data integrity management, fraud management and interconnect / inter-party settlement.

Subex's customers include 36 of the world's 72 biggest* telecommunications service providers. The company has more than 300 installations across 70 countries.
* Forbes' Global 2000 list, 2009

For more information please visit www.subex.com

Forward Looking and Cautionary Statements

Certain statements in this release concerning Subex's products, strategy and future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, market acceptance of Subex's products and services, Subex's ability to implement its growth strategy, competition in Subex's areas of business and general economic conditions affecting the telecom industry.

Further information:

MEDIA CONTACT
Harshita Nair
PUBLIC AFFAIRS
+91 80 66964157
harshita.nair@subex.com

For further Information:
Vivek Padiyar
Perfect Relations
+91 9892306446
vpadiyar@perfectrelations.com