Florence, Arizona partners with Subex to cyber-secure critical infrastructure

Town becomes a cybersecurity pioneer by adopting a comprehensive, technology-driven effort to prevent disruptive attacks

FLORENCE/DENVER/BANGALORE: Subex, a leading Internet of Things (IoT) and critical infrastructure security solutions provider, has announced it has partnered with the Town of Florence, Arizona to provide security to its critical public infrastructure. An agreement to this effect was recently signed by Florence and Subex.

Once critical infrastructure comes online, it becomes vulnerable to cyber-attacks.  In 2017 alone, cybercrimes inflicted USD 445 billion of costs on the global economy (as per data shared by the World Economic Forum). The frequency and complexity of multi-tier attacks have been increasing with hackers using a range of tactics, applications and compromised devices to launch attacks at a global scale on utility infrastructure. The core motivation behind these attacks is to cause widespread disruption and inconvenience to citizens and other stakeholders.

As part of this partnership, Subex will provide end-to-end cybersecurity to detect, repel and remediate advanced threats to Florence’s most basic and vital technological systems. When Florence launches its smart cities project, Subex will continue to be the cybersecurity partner for all projects coming under the plan.

Through this partnership, the Town of Florence is leading the way by becoming one of the first cities to protect its public infrastructure through solutions, strategies, and measures provided by Subex. This partnership is a landmark one and will pave the way for other cities to adopt similar measures thereby ensuring the highest levels of protection for smart city projects across the United States.

Brent Billingsley, the Town Manager of Florence, Arizona, said that “This is more than just a typical contract. This is an agreement by which the Town of Florence is a partner with Subex in developing cutting-edge technology that can be marketed to other private, non-profit, and government customers. This is a really exciting enterprise and a cool partnership for Florence.”

“I am excited by the possibilities our association with the town of Florence brings. On the one hand, we will be helping Florence defend its assets while shoring up its cybersecurity defense capabilities. On the other, this partnership will improve awareness among cities on the urgent need to improve cybersecurity and vigilance measures. This will go a long way in improving stakeholder confidence,” said Vinod Kumar, CEO, Subex.

“Our partnership with Florence will help the town focus more on meeting the needs of citizens and businesses while we attend to its cybersecurity needs. Florence has shown the way for other cities and towns everywhere to start taking cyber security seriously and work towards securing critical infrastructure. We are excited to partner with Florence and are looking forward to working with the town leadership and other stakeholders to secure the Town and its assets,” said Kiran Zachariah, VP, IoT Business, Subex.

About Town of Florence

The Town of Florence is the county seat of one of America’s fastest growing counties – Pinal County, Arizona. As a part of the Phoenix Metropolitan Area, and sitting only 60 miles away from Tucson, Florence residents enjoy great access to urban amenities while enjoying the benefits of rural life. Home to about 27,000 residents year-round, the population surpasses 30,000 in the cooler months.

About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Founded in 1992, Subex has spent over 25 years in enabling 3/4th of the largest 50 CSPs globally achieve competitive advantage. Subex helps CSPs to drive new business models, enhance customer experience and optimize enterprises.

Subex leverages its award-winning product portfolio in areas such as Revenue Assurance, Fraud Management, Asset Assurance and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services.

Subex has more than 300 installations across 90+ countries.

Visit www.subex.com for more information, or contact:

Benjamin Bitter
Town of Florence, AZ

Cell: (520) 840-0868

Office: (520) 868-7541

Benjamin.Bitter@FlorenceAZ.gov

Prayukth K V
Subex

Cell: +91 9900384022

Office: +91 8066598700

prayukth.kv@subex.com

Subex awarded contract from Türk Telekom to deploy ROC Revenue Assurance

BANGALORE, INDIA – Subex , a leading telecom analytics solution provider, has announced that it has signed a new contract with Türk Telekom via its partner Gantek to deploy the latest version of its ROC Revenue Assurance solution. As part of this deal, Subex will be upgrading its existing Moneta deployments to ROC Revenue Assurance v6 and will cover the fixed-line, broadband and mobile operations of the merged entity of Türk Telekom and Avea.

Türk Telekom, with 177 years of history, is the first integrated telecommunications operator in Turkey. Having a wide service network and product range in the fields of individual and corporate services, Türk Telekom unified its mobile, internet, phone and TV products and services under the single “Türk Telekom” brand as of January 2016. Türk Telekom has 13.9 million fixed access lines, 10.1 million broadband and 19.9 million mobile subscribers as of March 31, 2018 and provides services in all 81 cities of Turkey.

Subex was selected after a competitive bid, with the help of its partner Gantek, wherein the company was able to successfully showcase the superiority of its Revenue Assurance solution, and how the integration of Hadoop and Machine Learning capabilities makes the solution future ready. As part of the deal, Subex’s ROC Revenue Assurance will enable Türk Telekom to have a converged Revenue Assurance platform, thus protecting their revenue across all their lines of business.

“We are excited to extend our long-standing partnership with Türk Telekom by upgrading our existing deployment to ROC Revenue Assurance v6. The latest version of the solution leverages native Hadoop architecture, along with Machine Learning capabilities, and can process over 30B CDRs a day. Through the deployment of ROC Revenue Assurance, we will protect their business with a convergent system that will cover all their business areas.” said Vinod Kumar, CEO and Managing Director, Subex.

Commenting on the development, Türk Telekom spokesperson said, “We have been partnering with Subex over the last ten years to safeguard our business from revenue leakages, and with the deployment of ROC Revenue Assurance v6, we look forward to expanding coverage into new and advanced areas of risk. We have selected Subex as their solution offered true future-proofing with the most advanced feature set to drive significant efficiency gains. As Revenue Assurance practitioners are transitioning to Business Assurance, it was imperative to partner with a vendor who shared our vision in terms of the direction of this domain. In addition, the Machine Learning capabilities gives Turk Telecom the agility to ensure an effective risk coverage while keeping pace with business.”

 

Gantek, a leading Systems Integrator in Turkey has also been involved by supporting the deployment and playing a large part in leading the project integration. Speaking on the announcement, Ahmet Ongun, CEO of Gantek, said, “We are happy to work with Subex on deploying their ROC Revenue Assurance at Türk Telekom. This new project strengthens the joint position of Subex and Gantek in the Turkish market as a leading team in the space of BSS”.

Subex’s ROC Revenue Assurance is the industry’s first revenue assurance solution that simplifies RA. The solution helps customers in addressing revenue assurance challenges inherent to individual service verticals: Wireless, Fixed, Cable MSPs, and MVNOs. It also helps address revenue assurance across multiple functional areas such as service fulfilment, usage integrity, retail billing, interconnect/wholesale billing, and content settlement in addition to revenue management in marketing, campaign management, offer development and lead management.

– Ends –

About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Founded in 1992, Subex has spent over 25 years in enabling 3/4th of the largest 50 CSPs globally achieve competitive advantage. By leveraging data which is gathered across networks, customers, and systems coupled with its domain knowledge and the capabilities of its core solutions, Subex helps CSPs to drive new business models, enhance customer experience and optimise enterprises.

Subex leverages its award-winning product portfolio in areas such as Revenue Assurance, Fraud Management, Asset Assurance and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services.

Subex has more than 300 installations across 90+ countries. For more information, please visit: www.subex.com

Subex wins multi-million-dollar contract from Optus To deploy its ROC Network Asset Management solution

Bangalore, India – Subex, a leading telecom analytics solution provider, has won a multi-million-dollar contract with Optus, Australia to implement its ROC Network Asset Management solution.

Optus is one of the largest telecom operators in Australia and a fully owned subsidiary of Singtel. They offer mobile, enterprise and wholesale services and home entertainment, exclusive content including EPL.

Subex was selected after successfully demonstrating its strong domain expertise and unique value proposition while showcasing the superiority of its solution. As part of the deal, Subex’s ROC Network Asset Management will enable Optus to control all of its existing and new network investments through a well-defined network efficiency framework. This implementation will further help Optus to protect their network investments, improve utilisation visibility and provide better financial controls.

“We are excited to partner with Optus for enabling Subex’s ROC Network Asset Management solution. This win allows us to increase our footprint in the Australian market and for our ROC Network Asset Management product, which is a testament to our Subex 3.0 strategy. Moreover, the partnership will also play a larger role in the industry by providing guiding principles for cost management for global operators who are looking to undergo a network upgrade program” said Vinod Kumar, CEO and Managing Director, Subex.

Commenting on the development, an Optus spokesperson said, “We have designed a Network Assurance program that will ensure clear visibility across the complete lifecycle of the program. In line with this, we were looking for a collaborative partnership to implement an Asset Lifecycle Management system. Subex was selected for this deployment basis due to their domain expertise and successful deployment at other global customers”.

Subex ROC Network Asset Management is a Telecom Asset Lifecycle Management solution which provides a framework and controls to manage Network Capex efficiently. The solution also provides standardized processes for managing and optimizing network assets. The solution ties together the financial parameters of assets with current utilization and location, thus creating a 360o view of the asset. This enables effective validation of requests for Capex spend, generation of accurate reports for audits and better calculation of return on assets. The solution creates opportunities to generate free cash flow by identifying end-of-life assets for monetization.

– Ends –

About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Founded in 1992, Subex has spent over 25 years in enabling 3/4th of the largest 50 CSPs globally achieve competitive advantage. By leveraging data which is gathered across networks, customers, and systems coupled with its domain knowledge and the capabilities of its core solutions, Subex helps CSPs to drive new business models, enhance customer experience and optimise enterprises.

Subex leverages its award-winning product portfolio in areas such as Revenue Assurance, Fraud Management, Asset Assurance and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services.

Subex has more than 300 installations across 90+ countries.

For more information, please visit: www.subex.com

Subex provides IoT Security for Connected Cars

Bangalore, India Subex, a leading security solution and telecom analytics provider announced the collaboration with a large automobile Original Equipment Manufacturer (OEM) to provide cutting-edge security solution to secure Connected Car Domains.

The collaboration aims to create a framework of security resilience in the connected car and autonomous driving space. This joint development will include Subex providing vulnerability assessment, penetration testing and security modules that will be incorporated in the OEM’s new products.

The Automotive IoT market is projected to reach USD 82.79 Billion by 2022. By 2020, an estimated 250 million connected vehicles will be on the roads worldwide. As the number increases, so do the security concerns and hacking fears.

“As our cars become increasingly connected and digitalized, the easiest way to disrupt the ecosystem is by leveraging the network communications and exploiting the vulnerabilities in the in-car systems. Such disruptions could be potentially life-threatening and hence protecting the connected and autonomous driving platforms are critical. With over 2 decades of experience in fraud and security solutions, we bring state-of-the-art technology coupled with Subex’s 3 layered approach of signature, heuristic and machine learning based anomaly detection mechanisms. This will allow OEMs to benefit from a defense-in-depth security solution” says Mr. Kiran Zachariah, Head of IoT Security, Subex.

Vinod Kumar, CEO and Managing Director, Subex said “Connected car segment is extremely buoyant and is likely to disrupt the automobile industry. However, addressing its security risks poses a huge challenge and will be a major barrier to large-scale adoption. We are extremely pleased with the progress that we are making in securing the connected IoT world and this strategic alliance with the OEM is another key step in that direction”.

– Ends-

About Subex

Subex is the market leader in the products Security and Fraud Management market, with over 180+ customers in total. Subex is a pioneering entity in the Cybersecurity space involved in multiple public and private partnerships worldwide. The company runs the world’s most comprehensive IoT and ICS focused honeypots of over 400 architectures in 32 locations around the world.

ElevenPaths, Telefonica Cybersecurity Unit and Subex sign a global framework agreement to provide a disruptive FMaaS solution

LONDON, UK – Subex Limited, a leading telecom analytics solution provider, has been selected by ElevenPaths, Telefonica Cybersecurity Unit to offer a Fraud Management-as a- Service (FMaaS) solution. Telefonica is one of the world’s largest telecommunications companies, with a global presence in 21 countries and an average of 125.000 professionals and 350 million accesses.

The agreement between Telefonica and Subex will result in the new ’Telefonica FMaaS Powered by Subex’ to protect against a comprehensive set of digital risks and threats, along with a library of fraud detection processes. The solution addresses Subscription Fraud, Internal Fraud, Premium Rate Service Fraud (PRS Fraud), and International Revenue Share Fraud (IRSF), amongst others. Additionally, ROC Fraud Management technology deployed by Subex will deliver the ability to deploy client-specific detection processes, techniques and strategies, based on particular business needs at each site.

“We are excited to partner with Telefonica for enabling Subex’s industry leading ROC Fraud Management Solution. In the process of undergoing digital transformation, organizations today foresee emerging threats and newer frauds, due to which customers are demanding real-time and proactive fraud management solutions. This partnership is an important step to make our customers more successful in the years to come whilst they transform themselves for the Digital Journey ahead” said Surjeet Singh, CEO & MD, Subex Limited.

“We are delighted with our partnership with Subex, a global leader in managing fraud in the digital world. Compared to traditional solutions, the enablement of FMaaS will ensure much faster deployment times, providing far more flexibility, easier access and agility, to our business operations. Subex’ capabilities together with ElevenPaths’ expertise in the development, deployment and operation of antifraud products and services across the world, will enable us to deliver customised Fraud Risk & Business Resilience though a best-of-breed Adaptive & Convergent Fraud Risk Management Solution. This, in turn, will help our customers deal with fraud risks more quickly and effectively”, said Pedro Pablo Perez García, CEO of ElevenPaths.

– Ends –

About ElevenPaths

At ElevenPaths, Telefónica Cybersecurity Unit, we believe in the idea of challenging the status-quo in Security, an attribute that must always be present in technology. We are always redefining the relationship between security and individuals. We aim at creating innovative products, which can transform their experience, helping them to keep one-step ahead of attackers, an increasing threat to our digital life.

About Subex

Subex Ltd. is a leading telecom analytics solutions provider, enabling a digital future for global telcos. Founded in 1992, Subex has spent over 25 years in enabling 3/4th of the largest 50 CSPs to globally achieve competitive advantage. By leveraging data which is gathered across networks, customers, and systems coupled with its domain knowledge and the capabilities of its core solutions, Subex helps CSPs to drive new business models, enhance customer experience and optimise enterprises.

For more information, please visit: www.subex.com

Subex awarded a new 5-year Framework Contract with BT

LONDON, UK – Subex Limited, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers (CSPs), announced today that it has successfully been awarded a new 5-year, multi-million dollar framework contract with BT, following on from its existing contract with the communications provider.

In common with the previous contract, the new framework contract will cover the on-going provision of Subex’s ROC® (Revenue Operations Centre) portfolio software solutions, application/operations support, and managed services. These are delivered across BT’s Domestic & International Interconnect Billing & Settlements, Revenue Assurance and Event Integrity domains.

The primary objective of the Subex ROC is to function as the ‘Mission Control for Financial Health’. The ROC enables profi­table growth for service providers through coordinated operational control. BT uses multiple Subex ROC solutions including ROC Revenue Assurance (for BT Global Services) and ROC Partner Settlement.

“We are delighted that we have a long-standing relationship with BT and we have successfully completed and renewed a new five-year framework contract, thus continuing our involvement in supporting BT’s mission critical business operations and processes. BT is an extremely important customer and we are happy that they continue to select Subex’s industry leading ROC solutions,” said Vinod Kumar, COO, Subex Ltd.

ROC Partner Settlement provides end-to-end coverage of Next Generation Wholesale Billing capabilities (Data Collection, Rating & Billing and Financials) under a single umbrella, hence making upgrades and maintenance easy. This flexibility ensures low cost of ownership both in terms of initial investment and ongoing maintenance costs.

Subex’s ROC Revenue Assurance is the industry’s first revenue assurance solution that simplifies RA. The solution helps customers in addressing revenue assurance challenges inherent to individual service verticals: Wireless, Fixed, Cable MSPs, and MVNOs. It also helps address revenue assurance across multiple functional areas such as service fulfilment, usage integrity, retail billing, interconnect/wholesale billing, and content settlement in addition to revenue management in marketing, campaign management, offer development and lead management.

–ends–

About Subex Limited

Subex Limited, a leading global provider of Business and Operations Support Systems (B/OSS) empowers communications service providers (CSPs) to achieve competitive advantage through Business and Capex Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

Subex operates out of India, UK, UAE, and Singapore.

SWAN Mobile, a.s. selects Subex’s industry leading ROC® Fraud Management solution

London, UK – Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), has announced that it has been selected to provide its industry leading ROC Fraud Management Solution by Swan Mobile, a.s.

SWAN Mobile, a.s. is a rapidly developing Slovak telecommunications service provider, which aims to provide customers with professional telecommunications solutions of the highest quality. As part of the implementation, Subex’s ROC Fraud Management will cover Voice, SMS and mobile data services for pre-paid and post-paid subscribers of SWAN Mobile, a.s.

According to SWAN Mobile, a.s. Chief Technology Officer, Patrik Kollaroci, “Being a progressive organization, we understand the significant impact fraud can have on telecom operators, from both a financial and operational perspective. This fact, coupled with the rapid growth we have been seeing, led to us to proactively look for an industry leading fraud management solution and we believe Subex’s Fraud Management solution will enable us to safeguard our business from the implications of fraud effectively”.

“We are excited to be selected by SWAN Mobile, a.s. as their partner to provide our Fraud Management solution. The deployment of ROC Fraud Management will help Swan Mobile a.s. protect their business revenues and safeguard them against the threat of fraud. This win is a testament to the capabilities of our ROC Fraud Management solution, and we are confident of making this partnership successful.” said Vinod Kumar, Chief Operating Officer, Subex Ltd.

Subex’s ROC Fraud Management solution ensures a rapid return on investment (ROI) by offering the strongest fraud management capabilities, increasing compliance, reducing risk, and providing economies of scope. Subex’s detailed business benefit modelling tools allow customers to determine ROI, build reliable business cases, and explicitly see the value that our solution can bring to their business.

– Ends –

About Subex Limited

Subex Limited is a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.
Subex’s product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Through its ROC Insights advanced analytics service, Subex provides actionable insights delivered through consumable storyboards, to help telecom operators make the best use of their data. Subex also offers a scalable Managed Services program with 30+ customers.
Among the numerous awards the company has won, Subex has been awarded the Pipeline Innovation Award 2016 for Security and Assurance and has been the winner of Carriers World Awards 2015 for Best Security/Fraud solution, and Telecoms Award 2015 for Advances in B/OSS. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award in 2016 with BTC Botswana; in 2015 with Mobily; in 2014 with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management. The company was also awarded the BSS&OSS Latin America Best Fraud Prevention project award in 2016 with Telefonica Chile.
Subex’s customers include 39 of top 50 telecom operators* and 7 of the world’s 10 largest# telecom companies worldwide. The company has more than 300+ installations across 90+ countries.

*Telecom Operators 500, 2015
#The World’s Largest Telecom Companies 2015 – Forbes

For more information please visit www.subex.com

About SWAN Mobile a.s.

SWAN MOBILE, a. s., is a rapidly developing Slovak Mobile service provider. SWAN Mobile plans to invest 100 million EUR into cutting-edge LTE network infrastructure to deliver mobile voice and data services to the vast majority of Slovak population. Company started to offer its mobile services in the summer of 2014 and since October 2015 SWAN Mobile operates as fourth mobile network operator in the country under the brand name 4ka with more than 300 thousand customers since its launch. Technological innovations, range of services including the first commercial launch of Voice over LTE service in Slovakia and rapid business growth ranks the company among leaders within the Slovak telecommunications market.

For more information please visit www.swanmobile.sk or www.4ka.sk

Packet One (P1) selects Subex’s industry leading ROC® Revenue Assurance and Fraud Management solutions

LONDON, UK – Subex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for communications Service Providers (CSPs), has announced that the company has been selected to provide its industry leading ROC Revenue Assurance and Fraud Management solutions by Packet One, a converged telecommunications, broadband and 4G service provider in Malaysia.

Subex’s thought leadership, domain expertise, along with the seamless collaboration between the Revenue Assurance and Fraud Management solutions facilitated by their integration with the ROC Suite were seen as the key value drivers during an intense vendor evaluation process.

CC Puan, Chief Executive Officer, Packet One (P1) said, “Being a 4G services provider, the complexities of risks we face are amplified when compared to traditional voice and data services. Our objective was to evaluate and deploy such solutions that are fully capable of mitigating risks of all types, covering multiple verticals. We believe Subex’s solutions will enable us to do so and in-turn enhance our business in a more effective manner”.

“We are excited to be selected by Packet One as their partner to provide Revenue Assurance and Fraud Management solutions. The deployment of ROC Revenue Assurance and ROC Fraud Management in an integrated model makes use of the ROC 3.0 platform that focuses on reducing TCO & increasing agility across product lines by optimizing efforts & leveraging commonalities. We are confident of making this partnership successful by fully demonstrating measurable value delivery and bringing about a positive influence on their business.” said Vinod Kumar, Chief Operating Officer, Subex Ltd.

Subex’s ROC Revenue Assurance is the industry’s first revenue assurance solution that simplifies RA. The solution helps customers in addressing revenue assurance challenges inherent to individual service verticals: Wireless, Fixed, Cable MSPs, and MVNOs. It also helps them address revenue assurance across multiple functional areas such as service fulfillment, usage integrity, retail billing, interconnect/wholesale billing, and content settlement in addition to revenue management in marketing, campaign management, offer development and lead management. This in-turn enables customers to dramatically reduce the time required to implement or extend the coverage of their revenue  Management system and practices.

Subex’s ROC Fraud Management solution ensures a rapid return on investment (ROI) by offering the strongest fraud management capabilities, increasing compliance, reducing risk, and providing economies of scope. Subex’s detailed business benefit modeling tools allow customers to determine ROI, build reliable business cases, and explicitly see the value that our solution can bring to their business.

About Subex Limited

Subex Limited is a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business and Capex Optimisation – thereby enabling them to improve their 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 such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award in 2015 with Mobily; in 2014 with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.

Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2015
#Forbes’ Global 2000 list, 2015

About Packet One

Packet One Networks (Malaysia), is a leading wireless broadband provider determined to become a formidable mobile telecom by making access to the Internet an awesome experience for every Malaysian. Packet One’s aspiration to deliver awesome Internet experience is anchored by the synergistic tripartite partnership between TM, Malaysia’s broadband champion and leading integrated information and communications group; green Packet Berhad, a global leading developer of 4G devices & solution; and SK Telecom, Korea’s largest telecom and the world’s first mobile carrier to launch LTE-advanced.

GO selects Subex’s industry leading ROC® Revenue Assurance and Fraud Management solutions

LONDON, UKSubex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers (CSPs), has announced that the company has been selected to provide its industry leading ROC Revenue Assurance and Fraud Management solutions in a hybrid model by GO, a leading provider in Malta. The terms of the hybrid model contract would entail an initial Managed Services deployment period after which it will be converted into a license model engagement.

Subex’s leadership and domain expertise in the Revenue Assurance and Fraud Management space were seen as key value drivers during an intense vendor evaluation process.

Kelvin Camenzuli, Chief Technical Officer, GO plc said, “Protecting revenues across our telecoms offerings has always been a key focus and that was the decisive factor for choosing Subex’s ROC Fraud Management and Revenue Assurance solutions. Subex’s experience in the global revenue assurance space is unparalleled and we are confident that this engagement will enable us to enhance our business in a more effective manner”.

“This is an extremely unique win for us. A hybrid model of this nature has never been tried before in our space. Our technological innovativeness and product superiority played an important role in helping us win this deal. We look forward to an interesting and fruitful partnership with GO”, said Vinod Kumar, Chief Operating Officer, Subex Ltd.

Ingrid Azzopardi, Group Internal Auditor, GO plc explained that, “Thanks to the investment in Subex ROC Fraud Management, GO plc is better equipped to detect at an early stage any irregularities on its network and to protect its customers from fraudulent activity on their service”.

“Subex Revenue Assurance module has provided GO the opportunity to consolidate an end-to-end assurance for identified services provided to its esteemed customers” commented Pierre Debrincat, Senior Manager Financial Control, GO plc.

Subex’s ROC Revenue Assurance is the industry’s first revenue assurance solution that simplifies RA. The solution helps customers in addressing revenue assurance challenges inherent to individual service verticals: Wireless, Fixed, Cable MSPs, and MVNOs. It also helps them address revenue assurance across multiple functional areas such as service fulfillment, usage integrity, retail billing, interconnect/wholesale billing, and content settlement in addition to revenue management in marketing, campaign management, offer development and lead management. This in-turn enables customers to dramatically reduce the time required to implement or extend the coverage of their revenue management system and practices.

Subex’s ROC Fraud Management solution ensures a rapid return on investment (ROI) by offering the strongest fraud management capabilities, increasing compliance, reducing risk, and providing economies of scope. Subex’s detailed business benefit modeling tools allow customers to determine ROI, build reliable business cases, and explicitly see the value that our solution can bring to their business.

About Subex Limited

Subex Limited is a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Centre (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 such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award 2014 along with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2013
#Forbes’ Global 2000 list, 2014

About GO

GO is Malta’s first quadruple play operator, a truly converged and integrated communications and entertainment company with a wide range of services. As Malta’s leading provider of telecommunications services, GO offers fixed phone, mobile telephony, broadband internet services, digital tv, in addition to business-related services like data networking solutions, business IP services, managed and co-location facilities. GO powers over 500,000 customer connections and services – thus making it the largest communications provider in Malta.

GO has been in the business of communications for the past 30 years and its major shareholder is Emirates International Telecommunications LLC (EIT), a joint venture between TECOM Investments and Dubai Investment Group – both part of Dubai Holding. The remaining shares are traded on the Malta Stock Exchange.

For more information please visit www.subex.com

Subex bags 5 global customer deals worth USD $10 mln

Bangalore, India Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), announced that it has won five new customer deals, worth USD $10 million, across key emerging markets.

Subex participated and won these highly competitive bids against competition to provide its industry-leading Revenue Assurance, Fraud Management and Credit Risk Management solutions, few of them as Managed Services. Two of the wins are from APAC, two from North Africa and one from the Middle East.

Vinod Kumar, Chief Operating Officer said, “We have started the new year strongly. We have been on top of the pack winning highly competitive bids.

These wins give us great impetus to remain focused on larger opportunities as we continue to make investments in key markets and expand our footprint. With renewed focus on our core products and with increased market momentum for our ROC Asset Assurance solution, we are fairly optimistic of growth in Subex 2.0.

ROC Revenue Assurance is the telecom industry’s first revenue assurance solution that simplifies RA. It tackles critical challenges across the entire revenue chain with ease and offers two path breaking concepts: RevenuePad and Zen; which simplifies and speed up the process of revenue recovery. It helps customers in addressing revenue assurance challenges inherent to individual service verticals: Wireless, Fixed, Cable MSPs, and MVNOs. This industry leading solution continues to help add value to the business of telecom services providers globally across 6 continents.

ROC Fraud Management from Subex is built to drive fraud prevention by eliminating known frauds, uncovering new fraud patterns, minimizing fraud run time, augmenting internal controls, and supporting continuous fraud management process improvement. ROC Fraud Management identifies potential fraudsters by pre- and post-acquisition profiling. The solution enables real-time responses to suspected fraud cases and uses adaptive artificial intelligence (AI) techniques to prioritize and qualify its fraud alerts.

About Subex Limited

Subex Limited is a leading global provider of Business Support Systems (BSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Cente (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 such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award for 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.

Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2013
#Forbes’ Global 2000 list, 2013

Press & Analyst Contact

Sandeep Banga
E-mail : sandeep.banga@subex.com