OSS News Review

Timely OSS industry news since 2002.

Home Subex Subex FY18 Q1 Results

Subex FY18 Q1 Results

July 31, 2017 By oss

Subex Ltd, a leading telecom analytics solution provider, recently announced its financial results for the quarter ended June 30, 2017.

— Performance Highlights for the quarter ended June 30, 2017:

Revenue for the quarter at Rs.7,618 lacs
— Down by 9% YoY from Rs.8,334 lacs in FY17 Q1
— License & Implementation at 30%, Managed Services at 35% & Support at 35% of the total revenues

Profitability
— EBIDTA ex forex for the quarter at Rs. 954 lacs down from Rs. 1,549 lacs in FY17 Q1
— Profit after Tax (PAT) for the quarter at Rs. (101) lacs down from Rs. 1,818 lacs in FY17 Q1

Highlights of the quarter
— Redeemed the remaining outstanding FCCB III principal of INR 2,336 lacs (US $ 3.6 mn), along with the interest and arrears of interest of INR 534 lacs (US $ 0.8 mn)
— Repayment of term loan of INR 7,782 lacs (US $ 12 mn) to its lenders outstanding in Company’s subsidiary viz. Subex Americas Inc.
— Allotment of 5.5 cr equity shares of Subex Limited on a preferential basis at an issue price of INR 14 per equity share amounting to INR 7,713 lacs
— India Ratings and Research (Ind-Ra) has upgraded the ratings on Subex Limited’s bank facilities as follows:

Fund based limits: upgraded to Long-term ‘IND A-/Stable’ from ‘IND BBB+/Stable‘.

Non-fund based limits*: upgraded to Short-term ‘IND A2+’ from ‘IND A2’
— Announced launch of Subex 3.0 to help CSPs embrace digital transformation. In line with the new strategy, Subex also unveiled its new logo
— Signed partnership agreement with ElevenPaths, Telefonica Cybersecurity Unit to jointly provide a disruptive Fraud management solution to Customers.

Awards Won
— Subex was declared the winner at the prestigious 2017 Pipeline Innovation Awards in the ‘Innovations in Managed Services’, and the Runner-up in the ‘Innovations in Security & Assurance’ category

Filed Under: Subex

  • OSS Companies
  • Telecom Audit
  • Telecom Consultants
  • Telecom Dictionary

Categories

  • 3GSM World Congress (22)
  • Ace-Comm (25)
  • Adivent (5)
  • Aepona (5)
  • Alcatel-Lucent (6)
  • Allround (7)
  • Amdocs (85)
  • Aperto Networks (8)
  • Argent Networks (10)
  • ASC Telecom (9)
  • Astellia (67)
  • Avotus (2)
  • Axiom Systems (20)
  • Azure Solutions (27)
  • BEA Systems (5)
  • Berg Insight (14)
  • Billing and Customer Care (4)
  • Billing and OSS World Conference (5)
  • BSG Clearing Solutions (9)
  • C-COR (8)
  • Call Detail Records (3)
  • CAPE Technologies (5)
  • Carrier Access Billing (3)
  • Centina Systems (4)
  • Cerillion Technologies (34)
  • Clarity (40)
  • Clarity International (23)
  • Comarch (88)
  • Comptel (36)
  • Comptel Corporation (60)
  • Comverse (34)
  • Comviva Technologies (2)
  • Conference Bridges (4)
  • Convergent Billing (13)
  • Convergent Mediation (3)
  • Convergys (96)
  • Cramer (10)
  • CSG Systems International (2)
  • CustomCall Data Systems (6)
  • cVidya (77)
  • Cypress Communications (6)
  • Dimetis (1)
  • ECtel (36)
  • Elitecore Technologies (13)
  • Equinox Information Systems (3)
  • Ericsson (7)
  • eServGlobal (14)
  • ESKADENIA Software (12)
  • ETI Software (7)
  • Evolving Systems (9)
  • First Hop (5)
  • Formula Telecom Solutions (27)
  • Frost and Sullivan (10)
  • FTS (43)
  • HickoryTech (6)
  • HighDeal (39)
  • HP (11)
  • Info Directions, Inc. (9)
  • Intec Billing (103)
  • Interconnect Billing (8)
  • IntraISP (6)
  • IPTV (11)
  • JacobsRimell (7)
  • LHS (14)
  • Martin Group (25)
  • MaxBill (8)
  • Megasoft (8)
  • MetaSolv (19)
  • MetraTech (19)
  • MVNO (15)
  • NetCracker (147)
  • NetMotion Wireless (5)
  • Neural Technologies (42)
  • Openet (12)
  • Openet Telecom (14)
  • Operax (14)
  • Oracle (15)
  • Orga Systems (45)
  • OSS Conferences (9)
  • OSS Jobs (1)
  • OSS Visibility Index (2)
  • OSS/J (5)
  • Other Telecoms (990)
  • Plantronics (3)
  • Portal Software (12)
  • Pricing and Rating (2)
  • RateIntegration (19)
  • Redknee (17)
  • Revenue Assurance (48)
  • Roaming (4)
  • Seeker Wireless (3)
  • Service Assurance (4)
  • Service Fulfillment (1)
  • Sicap (22)
  • Sigma Systems (23)
  • Skyline Communications (7)
  • Sonus Networks, Inc. (18)
  • Subex (126)
  • SunTec (10)
  • Syndesis (18)
  • Tango Telecom (12)
  • Tata Communications Ltd. (15)
  • Telarix (14)
  • Telcordia (5)
  • Telecom Cost Management (1)
  • Telecom Fraud (3)
  • TeleManagement Forum (31)
  • Telephone Headsets (5)
  • TeleSciences (6)
  • TeleStrategies (5)
  • Telrad Networks (10)
  • TEOCO (7)
  • Theta Networks (4)
  • TM Forum (38)
  • Traffix (5)
  • Tribold (9)
  • TTI Telecom International Ltd. (19)
  • Veramark Technologies (10)
  • Vibrant Solutions (7)
  • Vodafone (2)
  • VOIP Billing (8)
  • VoluBill (28)
  • VOSS Solutions (82)
  • WeDo Technologies (7)
  • WiMAX Forum (5)

OSS Industry

  • About Us
  • Advertise Here
  • Call Detail Record
  • Contact Us
  • Disclaimer
  • Operational Support Systems
  • Privacy Policy
  • Terms of Use
  • Write For Us




    OSS Companies
  • ACE*Comm
  • Amdocs
  • Avotus Corporation
  • Convergys
  • cVidya
  • MaxBill


OSS News Review is published by INR Media. Logos and graphics by pflyz Creative.

Copyright © 2021 by OSS News Review.