Subex, a provider of operations support systems, announced that it has extended its partnership with Robi to upgrade its existing integrated Revenue Assurance and Fraud Management (iRAFM) system. Through this upgrade, Robi will now leverage the AI/ML capabilities of Subex’s Revenue Assurance and Fraud Management solutions to tackle new-age telecom threats in the region and deliver a superior customer experience as it looks to provide services built on 5G.
Robi is one of the largest telecom operators in Bangladesh with over 47 million subscribers and is the first company to launch a 4.5G service with a network covering 7400 sites (99% of Thanas) in Bangladesh.
As part of their vision to continually enable a robust and secure digital ecosystem, Robi has been at the forefront of mobile innovations in the region by providing various digital services, including mobile education and mobile financial services that support the socioeconomic development in the country.
Towards this vision, Robi has expanded its strategic partnership with Subex to further strengthen its risk management capabilities to launch innovative 5G services in the region while ensuring the highest quality of service.Subex's integrated Revenue Assurance and Fraud Management system will help Robi eliminate the complex fraud and security threats brought on by the 5G ecosystem and will provide the necessary scalability to meet expansion requirements that might occur in the future.
With advanced AI/ML capabilities, the system allows for real-time and accurate detection of threats that minimizes business risks associated with 5G networks.
"Through a long-standing partnership covering six years, Subex has been a trusted partner for Robi. Across this partnership, Subex has been a part of Robi's vision to be at the forefront of facilitating digital transformation in Bangladesh as more users access smartphones and mobile technology for multiple needs ranging from education to banking. By upgrading to the latest version of iRAFM, Robi can now leverage the solution’s state-of-the-art capabilities built on AI/ML to ensure 5G-readiness. We are proud to be part of Robi’s journey, and we look forward to many more years as their Digital Trust partner," Shankar Roddam, Chief Operating Officer and Whole-Time Director, Subex, said.
Shares of the company gained Rs 0.70, or 1.38%, to trade at Rs 51.55. The total volume of shares traded is 1,560,910 at the BSE (2.57 p.m, Tuesday).