Subex wins $50 mn order from BT

Subex wins $50 mn order from BT

Bangalore: Subex Ltd, a Bangalore telecom software firm said it won an order of $50 million or Rs235 crore from British Telecom Plc, to provide fraud detection and revenue assurance software and offer their services over three years.

The framework contract specifically covers fraud detection, domestic and international interconnect, international billing and settlements and event integrity, it said in a statement.

BT is already an existing customer for Subex.

Subex stock lost 0.84% to end the day at Rs77.