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.

EDITORIAL OF THE DAY

  • Government must wake up to the woes of electricity generators

    India is not staring at a power crisis yet, but an estimated 46,000 mw of power capacities are at risk today.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Arun Nigavekar

Moocs will not replace traditional education

I am revisiting the topic of massive open online course ...

Zehra Naqvi

Minimalism: declutter your life

When you imagine an ideal place to live, you think ...

Gautam Gupta

Our fashion schools need to notch it up

“Creativity is the key to success and primary education is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture