Ghana’s SubahInfosolutions, an information technology solutions company, has been adjudged Best Telecom Traffic Monitoring Solution Company of the year at the annual Africa Telecoms, Fraud, Revenue Assurance &Risk Management Forum 2016.
The telecom industry conference cum exhibition organised by Falcon Business Research, was held in Dar es Salaam, Tanzania for telecom companies from eight African countries.
Each year Africa’s mobile/cellular carriers lose billions of dollars through theft of service and related frauds.
Alfred LelyaKiteme, Event Cordinator at Falcon Business Research, said fraud revenue loss in telecom industry continues to be a major challenge for big businesses in Africa.
Whilst the region’s telecommunications industry has seen a quantum leap in the past decade – with markets like Kenya, Tanzania and Uganda being some of the most competitive and lucrative in the whole continent – there remains shadowy side of telecoms in Africa.
He said fraud management and revenue assurance in the telecommunication industry were key factors in maintaining operator’s margins. With the growth in complexity of networks, services and the increasingly sophisticated use of technology by fraudsters, these require an end-to-end approach which proactively identifies future challenges.
“Revenue Assurance is, therefore, a major concern for all operators. There is a general consensus in management that between 1 to 3% of revenues are unbilled and that between two to six per cent of billed revenues are unpaid,” he said.
He said the conference provide a platform for operators to meet with global and regional fraud and revenue assurance experts from regional and international leading operators, adding that interactive presentation, networking platform and panel discussions, case studies as well as key note presentation from the experts gave operators access to the information that they needed to tackle the challenge that they were facing.
“This conference will give you the tools to handle this evolving climate and to minimise vulnerability to fraud and revenue leakage and maximise profit,” he said.
Redeemer Kwame, Director of Subah, said the international recognition the company had gained was as a results of their hard work since the inception of the company some seven years ago.
“It has been sleepless night for the past seven years. So it is a great feeling that our hard work has been recognised. It speaks volume to be awarded internationally.
“We have an African solution for an African problem. And this award will inspire us to achieve more to bring sophisticated technology to tackle fraud related problems on our continent,” he said.
He said Subah had an aspiration to enter the African market and collaborate with various governments and their agencies to tackle issues related to telecom fraud, risk management and revenue assurance.
Subah has developed a patented solutions Revenue Assurance Tracking and Monitoring Solution that addresses telecom revenue assurance as well as SIM-Box Fraud Management.
Subah SIM-Box Fraud Detection Services enables mobile operators to track down and eliminate sim boxes from the network in real-time.
It utilises a data feed to collect real-time usage data for each IMSI in the network which is used to quickly identify offending SIMS.
By Times Reporter