• Log in
  • About Us
  • Privacy Policy
  • Contact us
Telecoms IT News - VanillaPlus
  • Home
  • News
  • Verticals
    • 4G
    • 5G News
    • Big data analytics
    • Bill & Charge
    • CEM
    • Companies
    • Digital transformation
    • Fraud prevention
    • Managed services
    • Network optimisation
    • NFV Hub
    • OSS
    • People
    • Policy
    • Revenue assurance
    • Revenue management
    • Service assurance
    • Service Provisioning
    • Test & measurement
  • Digital Edition
  • Events
    • Events diary
    • Webinars
  • Videos
  • VP Featured
    • Webinars
    • Podcast
    • Editorial advisory board
    • Expert opinions
    • Hot List
    • Operator View
    • Press releases
    • Reports & whitepapers
    • Special reports
    • Talking Heads
    • Troubleticket
    • Digital Talking Heads
  • Directory
  • Tech Trends
  • Subscribe
 

You are here:

  • Home
  • Companies
  • Subex bags multi-million-dollar contract from Australia’s Optus to deploy ROC Network Asset Management

Subex bags multi-million-dollar contract from Australia’s Optus to deploy ROC Network Asset Management

05 July, 2018 at 1:14 PM

Posted by: Zenobia Hegde

Subex bags multi-million-dollar contract from Australia’s Optus to deploy ROC Network Asset Management
Vinod Kumar of Subex

Subex, a telecom analytics solution provider, has won a multi-million-dollar contract with Optus, Australia to implement its ROC Network Asset Management solution.

Optus is one of the telecom operators in Australia and a wholly owned subsidiary of Singtel. The company offers mobile, enterprise and wholesale services and home entertainment, exclusive content including EPL.

Subex was selected after reportedly demonstrating its domain expertise and unique value proposition while showcasing the superiority of its solution. As part of the deal, Subex’s ROC Network Asset Management will enable Optus to control all of its existing and new network investments through a well-defined network efficiency framework. This implementation will further help Optus to protect their network investments, improve utilisation visibility and provide better financial controls.

“We are excited to partner with Optus for enabling Subex’s ROC Network Asset Management solution. This win allows us to increase our footprint in the Australian market and for our ROC Network Asset Management product, which is a testament to our Subex 3.0 strategy. Moreover, the partnership will also play a larger role in the industry by providing guiding principles for cost management for global operators who are looking to undergo a network upgrade programme,” said Vinod Kumar, CEO and managing director, Subex.

Commenting on the development, an Optus spokesperson said, “We have designed a Network Assurance program that will ensure clear visibility across the complete lifecycle of the program. In line with this, we were looking for a collaborative partnership to implement an Asset Lifecycle Management system. Subex was selected for this deployment basis due to their domain expertise and successful deployment at other global customers”.

Subex ROC Network Asset Management is a Telecom Asset Lifecycle Management solution which provides a framework and controls to manage Network Capex efficiently. The solution also provides standardised processes for managing and optimising network assets.

The solution ties together the financial parameters of assets with current utilisation and location, thus creating a 360 degree view of the asset. This enables effective validation of requests for Capex spend, generation of accurate reports for audits and better calculation of return on assets. The solution creates opportunities to generate free cash flow by identifying end-of-life assets for monetisation.

Comment on this article below or via Twitter: @VanillaPlus OR @jcvplus


category: Companies, Network optimisation, News, Telecoms

Tags: CapEx, Optus, ROC, Singtel, Subex, Vinod Kumar

VanillaPlus Q3 Magazine
 

VanillaPlus Magazine Issue 1 2022: Why IT must catch up with OT to enable 5G monetisation

Is creativity a bridge too far for CSPs? As communications service providers (CSPs) engage in new digital value chains, collaborate with partners and participate in multi-directional business models, George Malim shares a tale of two bridges

READ NOW

Comments are closed.

  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
  • Subscribe
Relax time
Read the new novel by J.J. Cowan on Africa’s conflict minerals trade and forced labour. 5* Reviews on Amazon.co.uk Paperback & Kindle

Check out on Amazon

X

Be the first to know!

  • The top telecom IT news stories of the minute
    in your inbox
  • Exclusive offers for entry into hundreds of
    events worldwide
  • Free access to a huge selection of the latest
    analyst reports and whitepapers
Subscribe now so you don't miss out
Don’t show me this again
Please check your email
x
Vanillaplus - The Global Voice of Telecoms IT
The Global Voice of Telecoms IT

VanillaPlus is the world-leading resource covering digital transformation for the communications industry. VanillaPlus brings you exclusive News, Expert Views, and Event Reviews. See Interviews from CEOs, CTOs, and COOs who are successfully transforming their business today.

Connect

Facebook Twitter YouTube LinkedIn

NEWS

  • Latest Telecoms IT news

DIGITAL EDITION

  • Latest Editions

OTHER

  • Newsletters [Archive]

KNOWLEDGE CENTRE

  • Webinars
  • Special Reports
  • Talking Heads
  • Editorial Advisory Board

COMPANY

  • About
  • Contact Us
  • Terms & Conditions
  • Privacy Policy

PARTNERS

  • IoT News

© 2014-2022 VanillaPlus - The global voice for telecoms IT. All rights reserved.