Subex, a global
provider of business support systems (BSS) for communications service
providers, announced its tie up with Telekom Slovenije, a provider of mobile,
fixed and IP communications, multimedia content, and services to residential
and business users.
As per the agreement,
Telekom Slovenije will be expanding the Subex Revenue Operation Centre (ROC)
Fraud Management solution across its entire group. Telekom Slovenije has
presence in Croatia, Bosnia and Herzegovina, Montenegro, Kosovo and Macedonia.
Telekom Slovenije has
been a customer of Subex’s ROC Fraud Management solution for the past three
years for their fixed communications. Telekom Slovenije selected Subex’s ROC
Fraud Management solution for all its fixed and mobile companies.
Subex’s ROC Fraud
Management solution will be installed centrally in Ljubljana to cover all the
group’s fixed and mobile operations in Slovenia, Macedonia and Kosovo, helping
protect over fourteen million subscribers in the Telekom Slovenije Group.
We have extended our
license for Subex’s ROC Fraud Management solution across our entire group.
Subex has always provided us with excellent service and support and now Subex
will help us ensure that our entire group is ready to fight fraud with industry
leading technology,” said said Igor Trontel, head of Risk Management Office, at
Telekom Slovenije.
Subex’s ROC Fraud Management helps in fraud prevention by
eliminating known frauds, reducing free run time, augmenting internal controls
and through continuous fraud management process improvement. It has
several industry-leading features, enabling real time reaction through its
in-line controls and transaction controls and prioritizes investigation of
potential fraud cases through its advanced artificial intelligence (AI)
techniques.
We are very pleased that Telekom Slovenije has chosen
Subex as they expand their group. Subex delivers solutions which have the
ability to scale in line with our customers’ needs. Scalability and excellent
fraud protection are two reasons why the world’s most successful communication
service providers choose Subex’s industry leading ROC Fraud Management
Solution,” said Sudeesh Yezhuvath, chief operating officer at Subex.
Recently
Subex decided to raise upto
$135 million. The company has two tranches of foreign currency convertible
bonds (FCCBs) with a total redemption value of $131 million, which it needs to
redeem in March 2012 and the current fund raising program is to meet that
obligation.
By Telecomlead.com Team
[email protected]
