The Hindu Business Line : Subex bags multi-million dollar African contract

MUMBAI: Telecom software company Subex Systems Ltd has bagged a multi-million dollar contract from an African telecom company for its revenue maximisation suite, 'RevMax'.

This contract is the largest won till date for RevMax, including Ranger Fraud Management System and INcharge Revenue Assurance Solution, the company informed the BSE on Thursday.

Subex Systems President and Chief Executive Officer, Mr Subash Menon said the company would further consolidate its position in the African market with this order.

"Our order size in this market has grown considerably in the recent months and this is a clear indication of our product's success. This also improves the average contract size for our company," he said.

The company's clientele in Africa includes some of the leading telecom companies like Econet - Vee Networks, Globacom, Ikatel, Kencell, Orange, Sonatel, Spacefon and Titan, it added. - PTI

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