Mid-size telecom software provider, Subex today said it has received five new deals worth a total of $10 million (around Rs 61.6 crore) across key emerging markets.
“We have started the new year strongly. 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 Chief Operating Officer Vinod Kumar. “With renewed focus on our core products and with increased market momentum we are fairly optimistic of growth.”
Of the five new deals, two have been won in the Asia-Pacific region, two in North America and one in West Asia, a company release said. Under these deals, the company would be providing revenue assurance, fraud management and credit risk management solutions. The deals also include some managed services jobs.