MTN Yemen seamlessly upgrades Subex's Revenue Assurance and Fraud Management Solutions

Bangalore, INDIA: Subex Ltd, a leading global provider of Operations and Business Support Systems (OSS/BSS) for communications service providers, today announced that it has successfully completed upgrading its Revenue Assurance (MonetaTM) and Fraud Management solutions (NikiraTM) for MTN Yemen, both of which form key components of Subex's ROC (Revenue Operations Center).

MTN Yemen, part of the MTN group, provides wireless mobile telecommunication services in Yemen. Changing dynamics in the marketplace and the resulting maturity in business requirements called for new technological advances in their operations management systems and the latest release of the solutions from Subex met their requirements.

"We have been a customer of Subex for the past three years. This upgrade was imminent and is a logical step forward for us", Hisham Fathy, CIO, MTN Yemen stated. "The domain expertise that Subex brings to the table continues to be unmatched and the enhancements and flexibility that these applications provide will enable us to manage our operations more efficiently and build stronger competitive advantage. Moreover, Subex completed the upgrade well within the specified time frame and within the budget. Our customer experience with them has been good", he added.

"We are happy that MTN Yemen has upgraded its Revenue Assurance and Fraud Management implementations. It is renewed business from long standing customers such as MTN Yemen that indicate the superiority of our solutions", said Sudeesh Yezhuvath, COO of Subex Ltd.

Both Nikira and Moneta are key components of the Subex ROC - Revenue Operations Center and provide operators with the ability to continue to adapt the system to their requirements with minimal or no dependence on Subex.

Nikira Fraud Management System is the next generation Fraud Management Solution built to deliver on a three-step philosophy of Detect-Investigate-Protect. Nikira detects known fraud types and patterns of unusual behaviour; helps investigate these unusual patterns for potential fraud and uses the knowledge generated to upgrade and protect against future intrusions.

Moneta Revenue Assurance System offers a set of pre-configured solution templates to address revenue assurance challenges inherent to individual service verticals - Wireless, Fixed, Cable, etc.

Subex Limited is a leading global provider of Operations and Business Support Systems (OSS/BSS) that empowers communications service providers to achieve competitive advantage and deliver new service experiences to subscribers. The company pioneered the strategic concept of the Revenue Operations Center (ROC) - a centralized framework for end-to-end control of a service provider's revenue and costs, fostering operational dexterity for sustained profitability.

Subex's software portfolio powers the ROC and its best-in-class solutions enable new service creation, operational transformation, subscriber-centric fulfillment, provisioning automation, revenue assurance, cost management, data integrity management, fraud management and interconnect / inter-party settlement. Subex's customers include 32 of the world's 50 largest service providers. The company has more than 300 installations across 70 countries.

For more information please visit www.subexworld.com

Forward Looking and Cautionary Statements

Certain statements in this release concerning Subex's products, strategy and future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, market acceptance of Subex's products and services, Subex's ability to implement its growth strategy, competition in Subex's areas of business and general economic conditions affecting the telecom industry.

Further information:

MEDIA CONTACT
Harshita Nair
PUBLIC AFFAIRS
+91 80 66964157
harshita.nair@subexworld.com

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Vivek Padiyar
Perfect Relations
+91 9892306446
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