Subex bags 5 deals worth Rs 62 crore

Tags: Subex, IT
IT services firm Subex has won five new customer deals worth $10 million (about Rs 62 crore) across key emerging markets.

Subex won these highly competitive bids to provide its industry-leading revenue assurance, fraud management and credit risk management solutions, few of them as managed services, it said in a release issued today.

Two of the wins are from APAC, two from North Africa and one from the Middle East, it added.

"We have started the new year strongly. We have been on top of the pack winning highly competitive bids. These wins give us great impetus to remain focused on larger opportunities as we continue to make investments in key markets and expand our footprint," Subex Chief Operating Officer Vinod Kumar.

With renewed focus on Subex's core products and with increased market momentum for ROC Asset Assurance solution, the company is fairly optimistic of growth in Subex 2.0 solutions, he added.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • RBI must keep a strict vigil on private debt inflows

    A little over a year ago, RBI governor Raghuram Rajan had observed that central banks of the developed world were excessively liberal with printing mo

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

When too little could mean too late

The calamity in Jammu and Kashmir has once again shown ...

Kuruvilla Pandikattu SJ

Genuine spirituality means true humanity

Every religion promises salvation to its followers. Rarely do we ...

Gautam Gupta

Moral policing is the need of the hour

Recently, when Deepika Padukone raised her voice against an objectionable ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture