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Bangalore, Sept. 29 Subex Ltd, a provider of Operations and Business Support Systems, said on Monday that it has signed with British Telecom a three-year framework contract of about $50 million, to provide products and services related to revenue assurance, fraud detection, interconnect billing and event integrity.

The framework contract specifically covers fraud detection, domestic and international interconnect, international billing and settlements and event integrity.

It also covers managed services for revenue assurance (using the Moneta revenue assurance product from Subex) and a Data Intelligence Repository supporting the domestic and international interconnect and international billing and settlement services.

“We are delighted that BT has signed the new three-year framework contract, thus continuing our long relationship and involvement in supporting some of their mission-critical business operations and processes,” said Mr Paul Skillen, President, BT Business Unit, Subex Ltd.

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