Nine year contract to implement and manage Revenue Assurance and Fraud across 23 circles
Bangalore, November 3, 2008:
Wipro Infotech, the India and Middle East IT Business of Wipro Ltd. and Subex Limited, a leading global provider of OSS/BSS solutions for communications service providers jointly announced today that the Subex platform has been chosen for Revenue Assurance and Fraud Management in the 23 circles of Aircel across India.
Aircel is one of the fastest growing telecom companies in India, with a subscriber base of over 10 million. It currently operates across nine circles and has recently won a pan-India license to operate in 23 circles, and is looking to expand to 14 more circles within the country.
Aircel was looking at a solution that could centrally manage revenue assurance and fraud management across all its proposed 23 circles. Aircel and Wipro, which has a long term outsourcing contract with Aircel, chose Subex, to provide the required network infrastructure. This will be implemented across all of Aircel's 23 circles. Subex's revenue assurance solution, Moneta and fraud management solution, Nikira will form the core of the implementation.
Mr. Ravinder Jain, CIO, Aircel said,
"We have partnered with Wipro and Subex for our past requirements, and they were the natural choice for us to manage the entire infrastructure, as we look to expand our footprint in India."
"Subex's industry leading Moneta and Nikira provide the best capabilities for an implementation of this nature and scale. Having worked with Subex in the past, we know that they can support the requirements of this implementation", said Mr. Anil Jain, Vice President - Corporate Business Unit, Wipro Infotech.
Vinod Kumar, President - Revenue Maximization Business Unit, Subex Ltd, said,
"This contract win with Wipro is a great achievement for us. Partnering with Wipro to provide the revenue assurance and fraud management solutions to Aircel is an added advantage owing to our long standing partnership. This deal not only signifies the robustness and scalability of our solutions, but is also an indication of the rising maturity of Indian telecom operators."
About Aircel
Aircel, part of Maxis Communications Malaysia has a subscriber base of 9.5 Mn and is the leading mobile operator in Chennai, Tamil Nadu and Assam. It is also the fastest growing mobile operator in the country with licenses for all 23 circles. Its other operational circles include Bihar, Himachal Pradesh, Jammu & Kashmir, North East, Orissa, West Bengal and Kolkata. With WiMax operations in the top business cities across the nation Aircel also has clearance to provide International Long Distance (ILD) and National Long Distance (NLD) telephony services. For more information on Aircel, please log on to www.aircel.com
About Subex Limited
Subex Limited is a leading global provider of Operations and Business Support Systems (OSS/BSS) that empowers communications service providers to achieve competitive advantage and deliver new service experiences to subscribers. The company pioneered the strategic concept of the Revenue Operations Center (ROC) - a centralized framework for end-to-end control of a service provider's revenue and costs, fostering operational dexterity for sustained profitability.
Subex's software 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/interparty settlement.
Subex's customers include 32 of the world's 50 largest service providers. The company has more than 300 installations across 70 countries.
For more information please visit
www.subexworld.com.
About Wipro Infotech
Wipro Infotech, a division of the US$5 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and Consulting Services in India and the Middle East. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It also has regional offices across the Middle East serving the region.
About Wipro Limited
Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at
www.wipro.com,
www.wiprocorporate.com , and
www.wipro.in
Wipro's forward looking and cautionary statements
Forward-looking and cautionary statements Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions 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, risks and uncertainties regarding our ability to integrate and manageacquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro may, from time to time, make additional written and oral forward looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.