In a span of 10 days, Subex Ltd, an IT solutions provider for the communications service provider sector, has won another multi-million dollar deal from a West Asian mobile operator.
As a part of the deal, Subex will provide its Revenue Operations Centre (ROC) fraud management software and Revenue Assurance solutions to West Asian telco. Subex did not disclose the name of the mobile operator and size of the deal.
The deal was won in a competitive bid, which involved companies such as Accenture and Experian, according to sources. This is the sixth multiple ROC solution deal won by Subex in West Asia.
Further, in light of its maturing FCCBs, Subex announced that it has got an approval to extend its maturity period by another four months.