16th Jul 2007 09:33
Subex Azure Limited16 July 2007 Press Release 16 July 2007 Subex Azure wins Fraud Management contract with Melita Cable Bangalore, INDIA: Subex Azure Limited, a leading global provider of OSSsolutions for telecom operators, today announced it is deploying itsmarket-leading Fraud Management bureau for Melita Cable, Malta's primary cabletelevision and internet service provider. Melita is the first 'triple-play' (internet, TV and telephony) operator inMalta, providing services to more than 100,000 subscribers. As the company andits number of services continue to grow, Melita is keen to ensure that it isprotecting its revenues effectively. Subex Azure was chosen after impressing Melita with its Fraud Management bureauimplementation at UPC (United Pan-European Communications). The bureau is aunique offering in the revenue maximization space and is ideal for growingoperators as it provides them with leading-edge fraud management capabilitywithout large up-front costs. The Subex Azure Fraud Management bureau uses flexible rules-based alarms andfingerprint pattern matching to identify likely fraudulent usage, enablingoperators to detect known fraud types and patterns of unusual behaviour in alltelecoms environments - wireline (PSTN, ISP, VOIP), wireless (2G, 2.5G, 3G) andacross all services (postpaid, prepaid, VAS, MMS, m-commerce). George Galea, Manager of IT and Data Services, Melita Cable, said: "We havechosen Subex Azure's Fraud Management bureau as it is a cost-effective andscaleable solution that can grow in line with our subscriber and network trafficvolume. By ensuring we are protecting our revenues we can continue to offerinnovative communication services to our customers." Saul Nurtman, President EMEA, Subex Azure Limited, said: "We are delighted to beworking with Melita Cable. This is a great example of how our bureau servicecan provide smaller growing operators with world-class fraud managementcapability without the pressures of large capital and operational expenditure." -ENDS- About Subex Azure Ltd. Subex Azure is a leading global provider of OSS solutions with a mission toempower telecom operators to achieve competitive advantage and deliver newservice experiences to subscribers. The company pioneered the strategic conceptof the Revenue Operations Center (ROC) - a centralized and integratedinfrastructure for end-to-end monitoring, measurement and control of theoperator's revenue chain - to foster operational dexterity and hence sustainedprofitability. Subex Azure's software portfolio powers the ROC and its best-in-class solutionsenable new service creation, subscriber-centric fulfillment, provisioningautomation, revenue assurance & cost management, data integrity management,fraud management and interconnect/interparty settlement. Subex Azure's customers include 32 of the world's 50 largest telecom operatorsby revenue. The company has more than 150 installations in over 60 countries.Subex Azure was named in the prestigious Deloitte Technology Fast 500 AsiaPacific 2006 list of companies, underlining the company's growth and leadershipstatus. For more information please visit www.subexazure.com About Melita Cable In 1991, Melita Cable was awarded an exclusive license to provide cabletelevision service to Malta and Gozo. Since then, Melita has grown andflourished at a remarkable rate, now serving over 100,000 homes -- a marketpenetration of over 77%. Melita's success is based on both the quality and rangeof the services it offers. In addition to broadband cable access, Melita offersover 70 different channels ranging from news and entertainment to movies, sportsand educational programs and in 2006 launched its telephony service. To find out more, visit Melita online at www.melitacable.com Forward Looking and Cautionary Statements Certain statements in this release concerning Subex Azure's products, strategyand future growth prospects are forward -looking statements, which involve anumber of risks, and uncertainties that could cause actual results to differmaterially from those in such forward -looking statements. The risks anduncertainties relating to these statements include, but are not limited to,market acceptance of Subex Azure's products and services, Subex Azure's abilityto implement its growth strategy, competition in Subex Azure's areas of businessand general economic conditions affecting the telecom industry. Further information: In Europe or Asia please contact Alex Crawshaw or Kate Bonner at Catalysistel: +44 (0)20 7101 7333 / [email protected] / [email protected] In the U.S. please contact Guy Murrel at Catapult PR-IRtel +1 [email protected] In India please contact Shivaram Lakshminarayan at Genesis Burson-Marsteller PRtel: +91 [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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