Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers, today announced its financial results for the second quarter ended September 30, 2012. [Read more…]

The Board of Subex Ltd. has appointed Surjeet Singh as Managing Director and CEO of the Company, effective immediately. Singh is a seasoned management professional and a business leader with over two decades of multi-industry global experience in the Finance, Corporate Development, Business Planning and Global Operation functions. He has an enviable successful corporate and entrepreneurial track record of building organizations and fostering collaboration in large and culturally diverse cross -functional teams. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for communications service providers, has been awarded a five-year deal to deploy its industry leading Revenue Operations Centre (ROC) Fraud Management and Revenue Assurance solutions across 14 networks of the MTN Group. One of the biggest telecom service provider globally, MTN is the largest operator in Africa and the Middle East, with over 170 million subscribers. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers, announced today that it has recorded Net Income from Operations at Rs. 819.75 mln (USD $ 15.12 mln) for the first quarter of FY13. Net loss (before exceptional items and taxes) stood at Rs. 39.40 mln (USD $ 0.73 mln) as compared to profit of Rs. 148.30 mln (USD $ 2.74 mln) in FY12 Q1. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), has told OSS News Review that the company’s industry-leading ROC Fraud Management solution has created a huge, positive impact on a Tier 1 APAC service provider’s operations. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), has told OSS News Reviewthat it has successfully completed the FCCB exchange offer post approval from about 97% of the bond holders in value. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), recently told OSS News REview that it has been awarded the Global Telecoms Business Innovations Awards 2012 along with Idea Cellular in the ‘Business Service Innovation’ category for Fraud Management in a Managed Services format. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), recently announced that it has successfully completed the TM Forum Business Metrics Automation Certification on their ROCware platform. The product has been successfully certified against Business Metrics Automation Interface Version 1.0 and the Revenue Assurance Metric Groups in the Business Performance Measurement System Version 5.6. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), announced that it will be participating in this year’s International Telecoms Week (ITW), which will be held at the Hyatt Regency Hotel, Chicago from 14 to 16 May, 2012. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), announced recently that RBI has approved the restructuring proposal of its outstanding FCCBs involving a combination of debt and equity. The company will shortly launch a cashless exchange offer wherein the current FCCBs will be exchanged for new FCCBs with a maturity period of 5 years and fresh equity. [Read more…]

Subex Limited, a leading global provider of Business Support Systems (BSS) for CSPs (Communications Service Providers), has been awarded a renewal of a multi-million dollar framework contract with BT. [Read more…]

Subex Ltd, a leading global provider of business support systems (BSS) for Communications Service Providers (CSPs), has won a million dollar contract for providing its industry leading ROC Fraud Management solution through Managed Services for IDEA for Postpaid and Roaming. This is a fully outsourced Managed Services deal where Subex will be running the operator’s entire fraud management operations. IDEA Cellular is the third largest mobile services operator in India, in revenue terms, with over 100 million subscribers. [Read more…]

Subex Ltd, a leading global provider of business support systems (BSS) for Communications Service Providers (CSPs), has launched its Integrated Bypass Fraud solution. The solution has been introduced to combat the growing threat of Bypass Fraud and help CSP’s more proactively reduce fraud losses. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), has been selected to provide its industry leading Revenue Operations Centre (ROC) Fraud Management and Revenue Assurance solutions to the leading Middle Eastern mobile operator. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), announced recently that RBI has approved the extension of the maturity period of all the outstanding FCCBs to 9th July, 2012. This extension was sought by the company to have adequate time to complete the re-structuring activity that it is undertaking with the existing bondholders. Subex has convened a meeting of the bondholders on the 6th of March, during which meeting the bondholders are expected to approve this extension. With the approval, the extension process will be complete paving the way for the second stage. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), will be participating in this year’s Mobile World Congress, which will be held in Barcelona, Spain from the 27th of February to the 1st of March. [Read more…]

Subex Limited, a leading global provider of Business Support Systems (BSS) for CSPs (Communications Service Providers), has been chosen to provide its industry leading Revenue Operations Centre (ROC) Fraud Management solution to a Tier 1 African operator in a group deal covering its pan-African countries across 16 networks. [Read more…]

Subex Ltd, a leading global provider of business support systems (BSS) for Communications Service Providers (CSPs), has launched its ROCware Product Performance Management solution. This new solution from Subex enables CSPs to monitor the overall health of a product, track progress against targets and make informed decisions to improve uptake and customer experience. [Read more…]

Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers, announced recently that it has recorded strong growth and profitability for its Product Business (Business Optimization or RMS). The company has recorded Net Consolidated Revenue of Rs. 1328.69 mln (USD 26.05 mln) for the third quarter of FY12 up from Rs. 1267.72 mln (USD 24.86 mln) in FY11 Q3. The Order Intake for the Continuing Product Business grew 15.5% at US $ 23.1 mln up from US $ 20 mln in FY11 Q3. Net Profit (before exceptional items) grew at Rs. 285.38 mln (USD 5.60 mln) up from Rs. 240.41 mln (USD 4.71 mln) in FY11 Q3. [Read more…]