Mobile Industry Lost Over $58 Billion in Revenue in 2011 Due to Inadequate Billing Systems
HAMPSHIRE, UNITED KINGDOM — (Marketwire) — 03/28/12 — A new from Juniper Research finds that the mobile telecoms industry lost more than $58 billion last year — over 6% of global revenues — due to inadequate FM (Fraud Management) and RA (Revenue Assurance) processes. The report suggests that under a -nightmare scenario- whereby operators fail to implement any remedial measures over the next five years, the scale of losses could rise five-fold by 2016.The , -Mobile Revenue Assurance &