Subex Ltd Announces FY10 Q2 Financial Results
Subex Ltd, a leading global provider of Operations and Business Support Systems (OSS/BSS) for communications service providers, recently announced that it has recorded revenue of Rs. 1,097.1 mn (US $ 22.38 mn) for the second quarter of FY10.
Product revenue for the period was at Rs. 897.12 mn (US $ 18.30 mn) contributing to 81.77 % of the overall revenue for the period.
Commenting on the business, Subash Menon, Founder Chairman, Managing Director and CEO, said, “EBITDA has moved from 14 percent to 18 percent. Business has stabilized along with order intake, and the future looks positive.”
Subex Limited is a leading global provider of Operations and Business Support Systems (OSS/BSS) that empowers communications service providers to achieve competitive advantage and deliver new service experiences to subscribers. The company pioneered the strategic concept of the Revenue Operations Center (ROC) – a centralized approach that sustains profitable growth and financial health through coordinated operational control.
Subex’s software portfolio powers the ROC and its best-in-class solutions enable new service creation, operational transformation, subscriber-centric fulfillment, provisioning automation, revenue assurance, cost management, data integrity management, fraud management and interconnect/interparty settlement.
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