Business News of 2013-12-13

Glo Mobile Ghana selects Revector for SIM Box fraud detection

Mobile anti-fraud and revenue protection specialist Revector has been selected by Glo Mobile Ghana to lead a campaign to detect and eliminate SIM Box fraud on its network.

Revector has been selected due to its outstanding record of detecting and eliminating SIM Box fraud in real time across more than 80 countries worldwide. The double Queen's Award for Enterprise winning British company will spearhead Glo's efforts to protect the network against fraud.

Akeem Kazeem, Head of Business at Glo Mobile Ghana, said: "Revector was the obvious choice as a partner to identify and remove illegal SIM Boxes from our network. The company's experience, expertise and consultancy are globally acknowledged. We are delighted that the engagement of Revector has started yielding immediate results. They have been identifying new SIM Boxes every day as we work to remove this illegal activity."

Andy Gent, CEO of Revector, said: "It is refreshing to see Glo Mobile Ghana making such a proactive stance towards removing fraudulent sims from the network. Already, we are seeing the results of this, saving Glo money and generating lost revenues for both the operator and government."

SIM box or GSM Gateway fraud occurs when the cost paid to mobile operators to terminate international calls exceeds the cost of a local mobile to mobile call in a country. Fraudsters buy multiple SIM cards and sell the capacity to terminate calls on the open market. This leads to lost revenues for mobile network operators. SIM box fraud is an illegal enterprise undertaken by people who are not licensed to provide telecommunications services. Consumers may experience a reduced quality of call or a reduction in telecommunications services, such as caller line identity.

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About Revector:

Founded in 2001, Revector creates products and services that enable telecommunications companies to quickly and effectively counter fraud. Working with operators including Vodafone, Bharti Airtel, Hutchison Three, Zain, Digicel, Etisalat, Telenor, Tele2, Tigo, MTS, NTT DoCoMo, Rogers, T-Mobile and Cable & Wireless, Revector's products have enabled mobile network operators to remove millions of dollars' worth of fraudulent activity from their networks. To find out more visit www.revector.com

About Glo Mobile Ghana:

Glo Mobile Ghana is a subsidiary of Globacom Limited, the continent's fastest growing Telecommunications Company. Founded by African entrepreneur, Dr. Mike Adenuga Jnr. (GCON), Globacom acquired an operating license for business in Ghana in 2008 and launched a world class telecommunications service on April 29, 2012. Glo Mobile Ghana's network enjoys massive support from Glo 1, Globacom's high-capacity state-of-the-art submarine fibre optic cable - the first individually owned submarine cable connecting West Africa to the world through United Kingdom directly. Glo Mobile's state-of-the-art network infrastructure includes 1,600 Base Transceiver Stations (BTS), four Switches with capacity for over 4 million lines, 23 Base Switching Centres (BSC), 25 GloWorld Outlets and an ultra-modern Call Centre in Accra. Visit www.gloworld.com

Notes for editors on fraud techniques

Bypass, including interconnect and GSM gateway or SIM box fraud, occurs when the cost of terminating national or international calls exceeds the cost of a local mobile to mobile call in a particular country. Individuals and organisations buy multiple SIM cards and sell capacity to terminate calls on the open market. This leads to lost revenues for mobile network operators. SIM box fraud is illegal since those who undertake it are not licensed to provide telecommunications services in the country. Consumers will be unaware that their call is being routed via a SIM box but may experience a reduced quality of call or a reduction in telecommunications services, such as caller line identity.

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