In the last three quarters, Subex Azure has won contracts with 13 new customers for solutions that make up its Rocware product suite. These 13 contracts are with telecom operators in all major geographies of the world, with EMEA accounting for nine of them. The company now counts more than 70 mobile operators as its customers.
Subex Azure says global mobile operators are losing an estimated $77 billion through avoidable revenue leakage, the principal causes of which are fraud, incomplete/incorrect usage data, poorly optimized call routing and inadequate credit management.
Faced with these challenges, mobile operators are increasingly looking to independent solution providers to help stem these losses.