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Juniper Research Limited

Mobile Industry Lost over $58 billion in Revenue in 2011 due to Inadequate Billing Systems

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A new report 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.

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