Subex said it has won five new customer deals, worth $10 million, across key emerging markets -- two from Asia Pacific, two from North Africa and one from the Middle East.
Subex won highly competitive bids to provide its revenue assurance, fraud management and credit risk management solutions, few of them as managed services.
“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,” said Vinod Kumar, COO of Subex.
“With renewed focus on our core products and with increased market momentum for our ROC Asset Assurance solution, we are fairly optimistic of growth in Subex 2.0,” added Kumar.