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 record of detecting and eliminating SIM Box fraud in real time across more than 80 countries worldwide. The company will spearhead Glo’s efforts to protect the network against fraud.
Akeem Kazeem, Head of Business at Glo Mobile Ghana, said: “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.