INR Media Network



 
 


 

Mobile Operators Losing $77 Billion Through Avoidable Revenue Leakage

5:17 am   -   February 12th, 2007

Global mobile operators are losing an estimated $77 billion* through avoidable revenue leakage, according to Subex Azure, a leading vendor of revenue maximization solutions for telecom operators.

Based on the findings of the Operator Attitudes to Revenue Assurance 2006 report - commissioned by Subex Azure and conducted by Analysys Research - the principal causes of revenue leakage in the mobile telecom sector are fraud, incomplete/incorrect usage data, poorly optimised call routing and inadequate credit management. Moreover, the introduction of higher-value next-generation services with complex value chains, are presenting fraudsters with more opportunities to exploit new vulnerabilities. Faced with these challenges, mobile operators are increasingly looking to independent solution providers to help them stem these losses.

Subex Azure counts over 70 mobile operators as its customers, and in the last three quarters has won contracts with 13 new customers for solutions that make up its Rocware product suite. These 13 contracts are with telecom operators in all major geographies of the world, with EMEA accounting for nine of them.

Subash Menon, Founder Chairman, Managing Director & CEO, Subex Azure Ltd said: “Mobile telecom operators must implement an effective revenue management strategy to make an appreciable dent in the amount of revenue loss that they are currently experiencing. The benefits of higher revenue and profitability from a loyal subscriber base are compelling reasons to implement comprehensive fraud management and revenue assurance programmes.”

Subex Azure is exhibiting in Hall 2, Stand 2G01 at 3GSM World Congress 2007. Subex Azure is unveiling a model Revenue Operations Center (ROC) at the show and will demonstrate, through real-life scenarios, how the ROC can enable mobile operators to maximise their revenues.

* ‘Operator Attitudes To Revenue Assurance 2006′ - Subex Azure/Analysys Research 2006, and IT Fact Mobile Usage 2006

About Subex Azure Ltd.
Subex Azure Limited (http://www.subexazure.com) is a leading vendor of revenue maximization solutions for telecom operators. Subex Azure pioneered the strategic concept of Revenue Operations Center (”ROC”) for telecom operators, which is a centralized and integrated platform from which operators can assess, address and correct all aspects of their revenue maximization processes. Subex Azure’s Rocware (TM) is an integrated suite of software solutions that “powers the ROC.”

Subex Azure’s customers include 23 of the world’s 40 largest telecom companies by revenue, and it currently serves, or has served, over 150 customers spread across more than 70 countries.

Subex Azure has been chosen among the prestigious Deloitte Technology Fast 50 India 2006 and Deloitte Technology Fast 500 Asia Pacific 2006 lists of companies, a reaffirmation of its growth and leadership status.

Subex Azure has offices in Bangalore, Beijing, Denver, Dubai, Ipswich, London, Ottawa, Singapore and Sydney.

Related Articles:

  1. TM Forum Study Shows Mobile Operators Lead Way in Revenue Assurance TM Forum, the world’s premier industry group focused on business effectiveness for the communications and media sectors, has recently announced availability of its latest Business Benchmarking performance study report. One of the Revenue Assurance Maturity Model Survey’s major findings is that Mobile operators are the most mature in their approaches to revenue assurance. In addition, [...]...
  2. Subex Enables Real Time Business Optimization Subex Ltd, a leading global provider of operations and business support systems (OSS/BSS), has recently released Rocware 2.0 for Communication Service Providers (CSPs) to assist them with revenue protection, cost management and assured operations. Rocware 2.0 is a key component of the ROC (Revenue Operations Center) – a concept the company pioneered almost three [...]...
  3. Connectiva Signs Deal with Videotron to Combat Fraud, Revenue Leakage, Revamp Billing Verification Connectiva Systems Inc., an award-winning provider of revenue and risk management solutions, has told OSS News Review that Videotron, a leader in Canadian Telecommunications, will implement its ONEREViEWTM 5.0 platform. With Connectiva’s integrated Fraud and Revenue Management platform, Videotron can monitor traffic over its wireless, Internet, and cable services, effectively reverse and prevent revenue leakage and [...]...
  4. Stratecast paper identifies cost savings for Telecoms industry by plugging inter-carrier revenue leakage A new paper published by Stratecast, a division of Frost & Sullivan, in conjunction with revenue assurance solutions provider cVidya, has revealed potential cost savings service providers and operators can achieve if they address the issue of inter-carrier revenue leakage. In the wholesale market, inter-carrier revenue leakage represents approximately 3 to 5 per cent of [...]...
  5. Subex reinforces its OSS/BSS leadership at Management World 2009 at Orlando, Florida December 8 – 10 2009 will see Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS), showcase technology leadership at Telemangement Forum’s Management World 2009 at Rosen Shingle Creek, Orlando, Florida (Subex is at booth # 222). Subex will launch the latest product from its Service Fulfillment suite as well as [...]...
  6. Subex sees bright prospects ahead Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS) for communications service providers, is charting an aggressive go-to-market strategy to grow existing revenues by addressing the dynamic business requirements of the telecom industry. As part of this strategy, Subex will look at deepening its presence in various geographic locations, bringing in [...]...
  7. Investment in Revenue Assurance Eliminates Unbillable Revenue, says new TM Forum report TM Forum today announced the results of its latest Business Benchmarking study which uncovers a direct link between Communications Service Providers (CSPs) levels of unbilled revenue and the maturity of their revenue assurance programs. The study results are included in TM Forum’s latest Insights Business Intelligence Report, “Revenue Assurance: The Hidden Opportunity”, and includes [...]...
  8. TM Forum Survey Indicates Reason for Lower Revenue Assurance Maturity cVidya Networks, a leading provider of Revenue Assurance and Dealer Management solutions, announced today the findings of a recently released Revenue Assurance Maturity Survey conducted by the TM Forum. The survey included 33 participants representing 26 countries with a subscriber base ranging from less than 500K to more than 10M. The survey focused on five [...]...
  9. MTN South Africa deploys cVidya MoneyMap Revenue Assurance solution cVidya Networks, a global leader of Revenue Assurance and Dealer Management Systems, has recently announced that MTNs South African operating unit, one of the largest wireless carriers in South Africa, has selected cVidya Networks with HP South Africa as system integrator to provide a full Revenue Assurance solution. This agreement follows a successful RFP evaluation and [...]...
  10. cVidya deploys Revenue Assurance Solution at Antel Uruguay cVidya Networks a global leader of Telecom Data Integrity, Revenue Assurance and Dealer Management systems, recently announced that Antel, Uruguay state owned telecommunication service provider, has signed an agreement for implementation of cVidya’s MoneyMap® suite solution over its operation in Uruguay. The project’s scope includes implementation of cVidya’s full RA MoneyMap® suite including: MoneyMap® [...]...




 


















Moreover Technologies - Telecom news - 30 of 54651 returned
Moreover Technologies - Real-time news and blogs from thousands of sources

Get Paid by the IRS. - Sponsored Link
Ad - Up to 30% Reward. Report IRS Tax Underpayments of $2m+.
Telecom industry divided on need for broadband plan
The U.S. communications regulator has come up with a wide-ranging plan for the country to become the nation with the fastest wireless network in the world. Some industry experts here say we should have a plan of our own, while other say it's not needed
RCOM open to acquisitions in India
MUMBAI: Anil Ambani-led Reliance Communications on Tuesday said it was open to acquisitions in the country to grow its presence in the domestic market and would do so at the right opportunity. ?We are open to all opportunities. We are not averse to
Greens may withdraw support for Telstra break-up bill
The Rudd government's national broadband network strategy is in tatters after the Australian Greens indicated they may withdraw support for legislation that paves the way for the break-up of Telstra. The development comes after Communications Minister
Google phone now works on iPhone's wireless system
SAN FRANCISCO -- The latest version of the Nexus One unveiled Tuesday could make the device a more serious challenger to the iPhone, which uses AT&T Inc.'s 3G network as its main communications channel in the United States. The Nexus One had been running
Airstash wireless card reader lets you share and transfer files via WiFi
Imagine being able to transfer photos and videos between your smartphone, laptop, and desktop -- or, say, that iPad you pre-ordered -- without cables or dongles. That's what the Airstash, announced today by Wearable, Inc., promises to do.
Google Brings Nexus One To AT&T, Rogers Wireless
By Read the Original Article at // targetAction rating 0 ) else The search company says that it's pleased with sales of the device, even as critics declare the Nexus One a failure. Moving to expand the sales potential of its Nexus One mobile phone,
Red Bend Announces Support for Intel-based Handhelds and Smartphones
/PRNewswire via COMTEX/ -- Red Bend Software, the leader in Mobile Software Management (MSM), today announced support for Intel's next-generation handheld and smartphone platform, codenamed Moorestown. (Logo:
Greens waver over Telstra reform bill
The Rudd government's national broadband network (NBN) strategy is in trouble after the Australian Greens indicated they may withdraw support for legislation that paves the way for the break-up of Telstra. The development comes after Communications
Seesmic Eyes Platform Status with Plug-ins, Phone App
On Tuesday, Seesmic announced a new app platform, based on Microsoft's Silverlight technology, that will eventually allow plugins to be integrated within the framework. Seesmic also announced a version for Windows phones.
Greens may veto Telstra break-up bill (The West Australian)
The Rudd government's national broadband network strategy is in tatters after the Australian Greens indicated they may withdraw support for legislation that paves the way for the break-up of Telstra.The development comes after Communications Minister
New Smartphone App Helps Shoppers Make Greener Food Choices (LiveScience...
A new smartphone application aims to help eco-conscious consumers make greener choices at the grocery store. Created by four young designers, the Augmented Living mobile app, or "AUG" for short, recently won first prize in the Consumer Electronics
Top Story[Report from CES] Interfaces: Pumping Imagery over Wireless LAN
There was a large number of demonstrations of how easily video content could be swapper between equipment, using both wireless and wired interfaces. TransferJet close proximity wireless transfer technology (Fig. 12) was clearly best at 1:1 data
IBEC: FCC Broadband Plan Is a 'Mixed-Bag'
(2010-03-16)
Greens may pull support for Telstra split
Party senator Scott Ludlam says government is "burning the goodwill of the crossbenches." 17 Mar 2010 12:15 PM

OSS News Review

Telecom News
Telecom news continually updated from thousands of sources around the net.

Garfield Says FCC Broadband Plan to Help U.S. Compete: Video

March 16 -- Dean Garfield, chief executive officer of the Information Technology Industry Council, talks with Bloomberg's Lori Rothman and Mark Crumpton about the U.S. plan to expand Internet service.


BlackBerry users willing to swap for an iPhone

Almost 40 percent of BlackBerry users would switch camp to an Apple iPhone , a recent study into smartphone brand loyalty shows.


Mommy, that's not Dora: Time Warner Cable says glitch put adult video on kids...

A cable TV spokeswoman says preview clips for adult programming appeared on two channels dedicated for kids in North Carolina because of an "equipment failure." Time Warner Cable Inc.


Rackspace Launches Media Services Solution

Rackspace Session at Cloud Expo Cloud Expo sponsor Rackspace Hosting , the world's leader in the hosting and cloud computing industry, on Tuesday announced from SXSW 2010 the launch of Rackspace Media Services.


Prosecutors want Nacchio in court for new sentence

Federal prosecutors are objecting to former Qwest CEO Joe Nacchio's request to not be present in court when he is given a new sentence.


Investors snap up Telstra bonds

Telstra has sold 1 billion euros worth of 10-year bonds with a coupon rate of 4.25 per cent per annum, maturing on March 23, 2020.


Sprint Introduces Motorola i890

Combining a sleek, stylish look, advanced multimedia features and the best-in-class push-to-talk services of Nextel Direct Connect , Sprint announced availability of Motorola i890 on the Nextel National Network.


Moody's downgrades Partner Communications

Israel-based telecommunications company Partner Communications Co. said Monday that Moody's Investors Service downgraded the company's corporate family rating one notch to "Ba1." The rating is now non-investment grade, also known as "junk." Its previous rating was "Baa3," which is investment grade.


FCC unveiling sweeping national broadband plan

Monday, March 15, 2010 at 1:02 p.m. Read more: National , Business , U.S. Broadband Policy , Federal Communications Commission , Broadband Plan , TV Stations , Frequencies WASHINGTON a ' Communications regulators are unveiling a sweeping proposal to overhaul U.S. broadband policy.


FCC To Dictate 25 Times Internet Speeds

Dramatically increasing Internet speeds to 25 times the current average is one of the myriad goals to be unveiled in the National Broadband Plan by the the Federal Communications Commission on Tuesday a Some details of the plan have trickled out in the last few weeks including how to find spectrum to meet an anticipated explosion of handset devices ...


FCC Launches Broadband Testing and Reporting Tools for Consumers

From the Announcement Today, the Federal Communications Commission launched new digital tools - the Consumer Broadband Test and the Broadband Dead Zone Report - that allow consumers to test their broadband service and report areas where broadband is not available.


Cisco May Begin Selling Containerized Data Centers

Cisco Systems may soon join competitors IBM, SGI, and Sun in the lucrative market of containerized data centers, according to a report by Information Week .


Sprint Nextel Loses VoIP Outsourcing Contact with Time Warner Cable

As if the financial news for Sprint couldn't possible get worse, according to Kansas City Journal , Sprint Nextel Corp.


Motorola's Jha gets $3.77M in 2009, accepts bonus

After grabbing headlines with a sign-on bonus of more than $100 million, Motorola Inc.


Corning Watch: Endorsement for Massa's replacement up in the air

Just when Corning Inc. had developed a working relationship with freshman Rep. Eric Massa, the Corning Democrat exited the Washington stage in the middle of his term.



OSS News Review