BANGALORE, India -- Subex Azure Ltd, a leading vendor of revenue maximization solutions for telecom operators, today announced the launch of Moneta™ V2.4, the latest version of its revenue assurance product.

The telecom industry currently suffers from an annual estimated loss of 12.1% of turnover to avoidable revenue leakage (1). Moneta is designed to not only detect potential revenue loss, but also assist with the root cause investigation, diagnosis, problem resolution and recovery of revenues. Moneta is effective in both current and next-generation telecom service environments.

Moneta V2.4 delivers enhanced workflow and case management functionality and the key features of this release include:

Telecom operators including mobile & fixed-line operators, wholesale providers, Mobile Virtual Network Operators (MVNOs), cable operators and ISPs will benefit from using Moneta in areas like fixed voice, mobile voice, circuit switched data, SMS, GPRS, analogue data networks, digital data services, cable telephony & others.

Geoff Ibbett, Director of Product Management at Subex Azure, said: “Being able to investigate and detect potential revenue loss can make a significant difference to an operator’s bottom line. The launch of Moneta V2.4 will provide operators with the tools to enable them to protect and recover revenues across their whole business.”

Subex Ltd.