Subex - Press Release

Press Release 26 June 2008
Leading service provider in Romania aims for increased flexibility and
maximum revenues using Subex’s Revenue Assurance solution
Will use Moneta to meet revenue assurance challenges
Bangalore, INDIA: Subex Limited, a leading global provider of Operations and
Business Support Systems (OSS/BSS), announced today that one of Romania’s
leading mobile service providers has contracted to implement Moneta™, Subex’s
leading Revenue Assurance system. Moneta will provide the company with increased
flexibility to meet its revenue assurance needs from a strategic as well as an
operational standpoint. The company is already using Subex’s NikiraTM for its Fraud
Management requirements.
Sudeesh Yezhuvath, COO, Subex Ltd, said, “We are very pleased to strengthen our
relationship with this customer. Since we are already well tuned into the service
provider’s operating environment, the upgrade to Moneta will be smooth and it will
meet the provider’s revenue assurance challenges quickly. This additional
implementation is a clear indication of the superiority of our products and the
confidence customers have in our solutions.”
The Moneta implementation will provide the service provider with an integrated
solution to address revenue assurance issues across areas such as service
fulfillment, usage integrity, retail billing, interconnect/wholesale billing and content
settlement.
A key component of the Subex suite of Revenue Maximization solutions, Moneta is
the leading choice for telecom operators looking to improve the health and vitality of
the entire revenue chain. It helps tackle critical Revenue Assurance challenges
across the enterprise and provides unprecedented automated correction capabilities
to improve bottom-line results and provide a quick return-on-investment.
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Leading service providers around the world turn to Subex to combat fraud, conduct
revenue assurance, correct configuration and interconnect billing errors, and manage
third-party relationships to maximize margins and adopt lean operations.
-ENDSAbout
Subex Limited
Subex Limited is a leading global provider of Operations and Business Support Systems
(OSS/BSS) that empowers communications service providers to achieve competitive
advantage and deliver new service experiences to subscribers. The company pioneered the
strategic concept of the Revenue Operations Center (ROC) – a centralized framework for
end-to-end control of a service provider's revenue and costs, fostering operational
dexterity for sustained profitability.
Subex's software 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/interparty settlement.
Subex's customers include 32 of the world's 50 largest service providers. The company has
more than 270 installations across 70 countries.
For more information please visit www.subexworld.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.
Media Contact:
Harshita Nair
Subex Ltd.
tel +91 80 6659 4157
harshita.nair@subexworld.com
Further information:
In the U.S. please contact Guy Murrel at Catapult PR-IR
tel +1 303-581-7760
gmurrel@catapultpr-ir.com
In India please contact Shivaram Lakshminarayan at Genesis Burson-Marsteller PR
tel: +91 9886136796
shivaram.l@bm.com