Telecom

Subah saves Guinea $7.7 million from SIM box fraud

1 Mins read

Subah Infosolutions Ghana Limited, one of Ghana’s leading IT and telecommunications solution provider, has saved the government of Guinea millions of dollars from sim box fraud.

The government through its Telecoms Regulatory Agency, ARPT, contracted Subah Infosolutions to perform an investigation to detect and locate these suspected fraudulent SIM box devices operating on the network of operators in Guinea.

Based on a great job Subah did for Ghana between 2014 to 2017, the company was invited to come and assist as the Mobile Network Operators in Guinea were experiencing revenue loss due to fraudulent and unauthorized diversion of International voice calls through SIM box equipment on various telecommunication mobile network SIM Cards.

After a one month technical and very thorough investigations, Subah through an implemented Fraud Management System, with its local consulting agents, performed an operation, saving the Guinean government close to 1.5 million dollars in November, 2019.

Subah’s intervention has saved the Guinean government a total of 7,747,992 million dollars from January, 2019 to November, 2019.

Mr. Eric Nyarko-Aboagye, Chief Operating Officer of the Subah Group, indicated that the Guinean contract is a testament to the fact that Subah Infosolutions has what it takes to provide Revenue Assurance and Audit across Africa.

“We continue to build higher competencies in Cyber security and have all the necessary equipment to assist African governments to mobilize resources for critical national development,” he added.

He reiterated that Subah’s solution does not only reduce revenue leakage but it also stops fraudsters from siphoning revenue from the state. “

It will be recalled that Subah’s Revenue Monitoring Assurance and Tax Monitoring System (RATMS) in Ghana saved the nation 43 million dollars between 2014 and 2017 as the system ensured that government and other state agencies get hold of the taxes they are entitled to from telecommunication operators.

The RATMS is a rigorous system that enables tax authorities to accelerate tax collection via a distributed and scalable multi-threaded architecture configuration that supports multi-vendor and technology networks.

In 2017 Subah Infosolutions was adjudged the “Best Revenue Assurance, Fraud & Traffic Monitoring Solution” provider at the 4th Annual Africa Telecoms Fraud, Revenue Assurance and Risk Management Forum in Kenya.

Related posts
AppsTechnologyTelecom

ayoba messaging app assures users of privacy, security protection and content suitable for younger users

3 Mins read
As people everywhere ramp up their usage of instant messaging, more and more are choosing ayoba. MTN Group is proud to partner…
TechnologyTelecom

IBM to buy European cloud startup Nordcloud

1 Mins read
(Reuters) – International Business Machines will acquire European startup Nordcloud, the latest in a series of acquisitions for the 109-year old firm…
TechnologyTelecom

WorldRemit launch new prices for transfers to Africa

2 Mins read
A leading global digital payments company, WorldRemit has announced the launch of its new prices for international transfers in over 450 of…

Leave a Reply

Your email address will not be published. Required fields are marked *