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Subex announces FY17 Results
Today we announced our FY17 results with Revenue of INR 35,733 lacs and EBIDTA of INR 8,211 lacs for the year. We closed the year with the Revenues, up by 10.8 % YoY from INR 32,246 in FY16. License & Implementation stood at 35%, Managed Services at 33% & Support at 32% of the total revenues
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Subex awarded a new 5-year Framework Contract with BT
Subex Limited announced that it was awarded a new 5-year, multi-million dollar framework contract with BT, following on from its existing contract with the communications provider. In common with the previous contract, the new framework contract will cover the on-going provision of Subex's ROC� (Revenue Operations Centre) portfolio software solutions, application/operations support, and managed services. These are delivered across BT's Domestic & International Interconnect Billing & Settlements, Revenue Assurance and Event Integrity domains.
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SWAN Mobile, a.s. selects Subex's industry leading ROC� Fraud Management solution
Subex announced that it has been selected to provide its industry leading ROC Fraud Management Solution by Swan Mobile, a.s. As part of the implementation, Subex's ROC Fraud Management will cover Voice, SMS and mobile data services for pre-paid and post-paid subscribers of SWAN Mobile, a.s. The deployment of ROC Fraud Management will help Swan Mobile a.s. protect their business revenues and safeguard them against the threat of fraud.
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Subex will be speaking about OTT Bypass at RAG Conference at Bonne
OTT bypass is a formidable business challenge for telcos. It has seen limited progress made by the industry in developing an approach to address OTT bypass. The session at RAG Bonne will outline the problem areas and discuss about the learning experiences gained from proof of concept exercises carried out by Subex. The Conference will be held in Bonne, Germany and will take place on 21-22 June 2017
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Subex to Raise $12mn from New Equity; Eyes Acquisition Targets
The Board of Directors of Subex Ltd at its Board Meeting held on March 24, 2017 approved the issue of fresh equity shares of the company. The shares will have a face value of Rs. 10 each, of upto 11% of the paid up share capital of the company, for an aggregate amount of the rupee equivalent of $12 million on preferential basis to QVT Singapore Fund Pte. Ltd., Tonbridge (Mauritius) Limited and Leeds (Mauritius) Limited.
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Subex participated in the Monetising Big Data in Telecoms World Summit 2017
Subex showcased its capabilities in advanced analytics at the Monetising Big Data in Telecoms World Summit 2017 in Singapore on April 20-21. At the summit, Subex presented on the topic, "Unique Data Science Approach to Telecom Scale Data". Additionally, Subex was also Associate Sponsors of the event.
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