BT, Subex Sign $50 Million Framework Contract

British Telecom (BT) has signed a three-year framework contract with Subex Ltd. for an estimated $50 million (U.S.).

Subex will provide BT with products and services in the revenue assurance, fraud detection, interconnect billing and event integrity domains.

The framework contract specifically covers fraud detection, domestic and international interconnect, international billing, plus settlements and event integrity. In addition  it also covers multi-year managed services for revenue assurance (using the Moneta revenue assurance product from Subex) and a Data Intelligence Repository (BASALT) supporting the domestic and international interconnect, and international billing and settlement services.

“We are delighted that BT has signed the new three-year framework contract, thus continuing our long relationship and involvement in supporting some of their mission critical business operations and processes,” said Paul Skillen, President, BT Business Unit, Subex Ltd.

“We selected Subex not only because of its deep understanding of our OSS/BSS requirements and its domain expertise, but also for its strong delivery track record for BT” said Clive Selley, MD, Global Platforms, BT.