Subex bags multi-mn dollars contract from Middle-East, Africa

MUMBAI: Telecom solutions provider Subex Azure on Monday said it has bagged contracts worth multi-million dollars from 10 new customers in the Middle-East and Africa.

"We were one of the first to set up local offices in the Middle-East and Africa and today have close to 40 customers in the region," Subex Founder Chairman, MD and CEO Subash Menon said.

The new client list includes telecom service providers in Afghanistan, Dubai, Jordan and Syria in the Middle-East and Botswana, South Africa and Mozambique in Africa, the global Open Source Software (OSS) solutions provider informed BSE.

Subex has won these customers for the company's revenue assurance system Moneta, fraud management system Nikira and interconnect billing system Concilia, it said.

These contracts were signed between October 2006 to June 2007, Subex added. However, it has not give the total amount for the contracts.

"The dynamics of the Middle-East and Africa market are different from the US or European markets. Through our understanding of the region, we have arrived at the right product and services package," Subex Azure President (Revenue Maximisation Solution Business Unit) Vinod Kumar said.