Subex Azure registers 10 new wins in Middle-East, Africa

Subex Azure Ltd has announced that the Company has signed on 10 new customers in the Middle-East and Africa (MEA) region, over a period of nine months from October 2006 to June 2007. The combined value of business from the region is several million dollars and has considerably strengthened the Company's position in the region.

The new customers include leading telecom service providers in Afghanistan, Dubai, Jordan and Syria in the Middle-East, together with Botswana, South Africa and Mozambique in Africa. The customer wins have come for the Company's Revenue Assurance System, Moneta^TM, Fraud Management System, Nikira^TM and Interconnect Billing System, Concilia^TM, all of which are part of the Rocware^TM Revenue Maximization solution suite.

Subash Menon, Founder Chairman, Managing Director & CEO of the Company said, "We were one of the first to set up local offices in Middle-East and Africa and today have close to 40 customers in the region."

The Company's strong product line up and support offerings, along with its proven flexible business model to meet local market requirements, have been the main drivers for this growth. The contracts have been a mixture of new business as well as repetitive business.

Vinod Kumar, President, Revenue Maximization Solution Business Unit, of the Company said, "The dynamics of the MEA market are very different from that of the US or Europe markets. Through our keen understanding of the region, we have been successful in arriving at the right product and services package to serve customers and that has led to this momentum."

Moneta, ensures the health and vitality of a telecom operator's revenue chain and helps tackle critical Revenue Assurance challenges across areas such as Service Fulfillment, Usage Integrity, Retail Billing, Interconnect / Wholesale billing and Content Settlement.

Nikira enables operators to detect known fraud types and patterns of unusual behaviour in all telecom environments - wireline (PSTN, ISP, VOIP), wireless (2G, 2.5G, 3G) and across all services (postpaid, prepaid, VAS, MMS, m-commerce).

Concilia allows operators to quickly and accurately settle charges with their network partners. For interconnect agreements with domestic and international operators, Concilia helps manage major costs and revenues on a day-to-day, hour-to-hour basis.

Source : Equity Bulls

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