Telco Subscription Fraud Detection

Fraud is a serious concern for the communications industry. According to a large American operator, handset fraud cost the company about $190 million in 2018, during which it lost nearly 210,000 devices. In one month alone, handset fraud cost them $34 million. Identity theft also impacted 7,000 of their customers per month on average in 2018, up 46% from 2017.