Subex Limited, a provider of operations and business support systems, has announced the launch of RapidRM Mobile Solution for cellular phone service operators.

RapidRM is a compact revenue management solution to help growing operators rapidly develop revenue management capabilities and realize immediate return on investment (ROI).

According to the company, the newly launched solution will not only assist operators to rapidly achieve superior revenue management capabilities, but also earn immediate ROI, via quick automation of revenue assurance and fraud management processes.

Further, the solution allows for growth and expansion, where operators across the globe, can scale and add on additional features to meet growing business requirements.

The solution aims to promote the natural evolution of the revenue management task by letting growing operators to focus on subscriber acquisition and retention through expansion of network and services, without having to concern about the associated fraud and revenue leakage issues.

Bangalore-based Subex Limited provides operations support systems solutions for telecom applications. Shares of the company declined Rs 11%, and settled at Rs 87. The total volume of shares traded was 260657 at the BSE. (Monday)