Subex Bags $12 Mn ROC Managed Services-Cum-License Deal

Subex Ltd, the provider of Operations and Business Support Systems (OSS/BSS) for Communications Service Providers has been awarded a Managed Services-cum-License contract worth $12 million by a global telecom service provider, for its Revenue Operations Center (ROC) Data Integrity Management solution. The managed services portion is for 3 years and is renewable at the end of that period.

The service provider will now benefit from Subex’s ROC which will help them address any vulnerability to fraud and revenue leakages, providing protection and revenue optimisation for customer operations.
“This is a huge win for our ROC offering which is experiencing worldwide traction. Our average contract size is growing and we plan to get better margins and grow non-linearly. Managed services is a key area for us and is expected to contribute around 15 per cent of our revenue this year. We expect the momentum to continue and expect managed services to contribute around 25 per cent of our overall revenue in a couple of years. We are in for exciting times and are confident of meeting our financial objectives”, said Subash Menon, Founder Chairman, Managing Director and CEO, Subex Limited.