Subex profit grows fourfold

Subex posted a 302.54% growth in profits for fiscal year 2011 with $108.09 million while revenue reached $93.91 million.
Such growth was driven by Subex winning more than 25 deals for its revenue operations center (ROC) for fraud management and revenue assurance during the year.
Many of the deals were multi-network, multi-million dollar managed service contracts spanning 2-3 years.
Subex’s ROC revenue assurance is designed not only to detect potential revenue loss, but also to assist an operator with its investigation, diagnosis and recovery of these revenues.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.