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Russia's MegaFon Replaces Legacy Revenue Assurance Platform with Mobileum's RAID

Russia's MegaFon Replaces Legacy Revenue Assurance Platform with Mobileum's RAID Image Credit: Mobileum

MegaFon, leading Russian mobile operator has replaced its legacy revenue assurance platform with Mobileum's RAID risk management solution to ensure maximum control of business risks and improve profitability as it rolls out its LTE Advanced and 5G networks.

As part of MegaFon's focus on transforming its business into a digital communications provider, MegaFon selected RAID revenue assurance solution to reduce revenue leakage and improve the profitability of the services it provides to its more than 76 million customers. Powered by Artificial Intelligence and machine learning capabilities, RAID is an end-to-end revenue assurance, fraud management, and business assurance platform designed to address current and emerging risk management challenges arising with the launch of new technologies and digital services. By deploying RAID 8, MegaFon benefits from a real-time, flexible revenue assurance solution that provides a comprehensive set of tools to help it detect, isolate and resolve instances of revenue leakage faster.

Sergey Khrenov, Chief of Fraud Prevention and Loss of Income, MegaFon
Our decision to deploy the RAID solution was based on their market leadership in the revenue assurance space and the solution's out-of-the-box functionality with the flexibility and scalability to future-proof our network investments and new digital services.

Rui Paiva, Chief Revenue Assurance & Fraud Management Business Unit, Mobileum
This new deployment of RAID is a result of our ongoing commitment of investing in our platform with machine learning and AI capabilities that will future proof our customers' revenue assurance needs.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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