Telekom Slovenije successfully implements Subex’s ROC

Addresses Revenue Assurance and Fraud Management requirements to boost efficient operations

Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS), today announced that it has successfully completed the implementation of its Revenue Operations Centre (ROC) for Fraud Management (Nikira™ V6.1 solution) and Revenue Assurance (Moneta™ V2.6 solution) at Telekom Slovenije, Slovenia’s leading telecom operator.

As a result of the implementation, Telekom Slovenije (TS) has effectively and efficiently controlled revenue generating systems and processes, and reduced the occurrence of various types of internal and external fraud. This has helped TS enjoy significant financial benefits through increased revenue and reduced losses.

“We are very happy with the performance of Subex’s fraud management and revenue assurance solutions. The implementations were completed well within the stipulated timeframe and the professional and excellent project management methodology made the implementations smooth”, said Tomaz Kraskovic, Director Finance, Telekom Slovenije.

Sudeesh Yezhuvath, COO, Subex Ltd, said, “Telekom Slovenije is a key customer for us and we are glad that the ROC, for fraud management and revenue assurance applications, has been implemented successfully. This is also a clear indication of the superiority of our products and reinforces our position as a global leader in OSS/BSS. “

With the implementation of the Nikira and Moneta solutions, TS is now running its operations on the ROC, a strategic platform that covers revenue assurance and fraud management requirements of the operator. Nikira is helping TS with fraud prevention by eliminating known frauds, reducing free run time, augmenting internal controls and through continuous fraud management process improvement. Moneta in turn is improving the health and vitality of TS’s revenue chain by providing unprecedented automated correction capabilities to improve bottom-line results and provide a quick return-on-investment.

About Telekom Slovenije
TELEKOM SLOVENIJE, d.d. (see also www.telekom.si) operates in Slovenia as a global telecommunication operator providing fixed lines and internet services and with daughter company (e.g. Mobitel – see also http://www.mobitel.si/eng/ ) providing mobile services. It is a parent company within the TELEKOM SLOVENIJE group of companies and it is listed at the Ljubljana Stock Exchange www.ljse.si.

TELEKOM SLOVENIJE has 800.000 TDM and IP subscribers (700.000 residential and 100.000 businesses) and provides access to 100% of the population of Slovenia. Mobitel has around 1.25 million subscribers.

TELEKOM SLOVENIJE is investigating the potential to automate its Revenue Assurance activities in order to provide end-to-end visibility and control of the entire revenue value chain. This document relates to that initiative.

About Subex Limited
Subex Limited is a leading global provider of Operations and Business Support Systems (OSS/BSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimization and Service Agility – thereby enabling them to better operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Center (ROC) – a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex’s product portfolio powers the ROC and its best-in-class solutions enable new service creation, operational transformation, subscriber-centric fulfillment, provisioning automation, revenue assurance, cost management, data integrity management, fraud management and interconnect / inter-party settlement.

Subex’s customers include 36 of the world’s 72 biggest* telecommunications service providers. The company has more than 300 installations across 70 countries.

* Forbes’ Global 2000 list, 2009
For more information please visit www.subexworld.com

Forward Looking and Cautionary Statements
Certain statements in this release concerning Subex’s products, strategy and future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward–looking statements. The risks and uncertainties relating to these statements include, but are not limited to, market acceptance of Subex’s products and services, Subex’s ability to implement its growth strategy, competition in Subex’s areas of business and general economic conditions affecting the telecom industry.

For further information please contact:
Vivek Padiyar at Perfect Relations
Tel: + 91 9892306446
vpadiyar@perfectrelations.com

Rajiv Menon at Perfect Relations
Tel: +91 9845251133
rmenon@perfectrelations.com

Press contact
Harshita Nair
Manager – Corporate Communications
+91 80 6696 4157
harshita.nair@subexworld.com

• Making Money From Internet Marketing The Good Way! work from home business opportunities start making money online The first thing you should know in order to start making money by internet marketing, is that this business is not about having to put fake smiles or harassing people into buying stuff from you. This is precisely the beauty of......
• Stress Ownership - 3 Ways to Understand How You Own Stress No one likes to take ownership of his or her stress. We blame others, blame the events or accept stress as a normal part of living. One of the steps to conquering your stress is to understand how you create stress. 1) Avoidance - There are many reasons why you......
• Signs That Your Teen Needs Money Management Help If you teen went off to college tomorrow, how soon would they call you asking for money? Would they be able to purchase their own groceries by the end of the month? Would they end up moving back into your basement when they cannot afford their apartment any longer? The......
• Corporate Blogging Made Easy One of the best ways for a company to reach out to their customers and build a strong brand is corporate blogging. However, there are a lot of misconceptions out there and a lot of room for error. Let’s take a look at some techniques that you can use to......
• TPWD Dove Season Framework Gets Commission Approval AUSTIN, Texas — Changes proposed for the 2009-2010 Texas dove season, including a 70-day season and 15-bird daily bag statewide, received approval from the Texas Parks and Wildlife Commission. The season framework change is part of a new adaptive harvest management regulations package developed for the 14 states, including Texas,......