Subex awarded 5-year contract by MTN

Subex’s ROC® Fraud Management and Revenue Assurance solutions to be deployed across 14 networks

BANGALORE, INDIA –Subex Ltd, a leading global provider of Business  Support Systems (BSS) for communications service providers, announced today  that it has been awarded a five-year deal to deploy its industry leading Revenue Operations Centre  (ROC) Fraud Management and Revenue Assurance solutions across 14 networks of  the MTN Group. One of the biggest telecom service provider globally, MTN is the  largest operator in Africa and the Middle East, with over 170 million  subscribers.

MTN  was looking for a single partner to meet its revenue protection requirements.  Subex has proven success in the region, as well as technical superiority. The  company’s ability to also cater to both large and small operators, in terms of  price, and its highly scalable solution platform, made it a natural choice for  the multi-country deployment in this high growth region.

As  part of a turn-key model, along with hardware vendors, Subex will provide ROC Fraud  Management and Revenue Assurance solutions to support MTN’s networks. The solutions will be deployed individually in each of  the  operating countries, with a central  program office from Subex, which will work with the MTN Group and the  individual countries to roll out the systems in phases across the 14 networks.

Commenting  on the development, Nazir Patel, Group CFO, MTN Group said, “We were looking  for a partner to collaborate with us long term, to address our revenue  fortification requirements. Subex was selected for this deployment after a highly  competitive bidding process”.

ROC Revenue Assurance from Subex provides  continuous monitoring and revenue protection, and is designed to detect not  only potential revenue loss, but also to assist operators with the investigation,  diagnosis, and recovery of these revenues and with their on-going protection.  It is highly effective in both the traditional circuit-switched and  next-generation, packet-switched service environments; scalable enough to serve  operators large and small; and flexible enough to support Revenue Assurance  practices as they expand and mature.

The ROC Fraud Management solution version 7.4 is the  latest version of Subex’s industry leading product and is setting the industry  benchmark through its systematic approach to implementing in-line rules to  support proactive prevention of fraud. The product also goes a step further in  minimizing costs as well as anxiety of customers, as well as protecting  operators from fraudulent access.

“We are pleased to have been chosen by MTN to deploy  our industry-defining ROC Fraud Management and ROC Revenue Assurance  solutions,” said Sudeesh Yezhuvath, Chief Operating Offer, Subex Ltd. He added,  “We won the contract because of our thought leadership and our unique ability  to address the total revenue chain through the bouquet of our ROC offerings. We  are seeing more of our customers opting for multiple Subex ROC solutions, which  is a testament to the depth and quality of our ROC portfolio.”

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 Optimization  – 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, credit risk management, cost management,  route optimization, data integrity management and interconnect / inter-party  settlement.

Subex also offers a scalable Managed Services program  and has been the market leader in Revenue Assurance and Fraud Management  according to Gartner (2010 & 2011). Subex has also been declared market  leader in Business optimization for four consecutive years by Analysys Mason  (2007, 2008, 2009 & 2010). Business Optimisation includes fraud, revenue  assurance, analytics, cost management and credit risk management. Subex has  been awarded the Global Telecoms Business Innovation Award 2011 along with  Swisscom for the industry’s first successful Risk Reward Sharing model for  Fraud Management.

Subex’s customers include 28 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.

*GTB Carrier Guide, 2011

Disclaimer: The views and opinions expressed in this article/press release are those of the authors and do not necessarily reflect the approved policy or position of the GSMA or its subsidiaries.

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