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MUMBAI, INDIASubex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers, today announced its financial results for the first quarter ended June 30, 2015.

Performance Highlights for the quarter ended June 30, 2015:

  • Revenue for the quarter at Rs. 7,351 lacs (US$ 11.58 million)
    • Up by 12.79% YoY from Rs. 6,518 lacs (US$ 10.92 million) in FY15 Q1
    • License & Implementation at 27%, Managed Services at 37% & Support at 36% of the total revenues
  • EBIDTA ex forex for the quarter at Rs. 1,038.01 lacs (US$ 1.64 million)
    • Up by 147.48% YoY from Rs. 419 lacs (US$ 0.70 million) in FY15 Q1
  • Operating Profit/(loss) for the quarter at Rs. (207) lacs (US$ 0.33 million) as compared to Rs. (435) lacs (US$ 0.73 million) in the previous year
  • (Loss) / Profit after Tax (PAT) for the quarter at Rs. (474.16) lacs (US$ 0.75 million) as compared to Rs. (2,059.33) lacs (US$ 3.45 million) in the previous year

Surjeet Singh, Managing Director & CEO, Subex Limited said, “We have ended the first quarter of FY16 with positive EBITDA ex forex. Our credit rating has increased considerably. India Ratings and Research (Ind-Ra) has upgraded the ratings on Subex Limited’s bank facilities as follows:

Rs. 1,208.50m fund based limits (reduced from Rs. 1,370m): upgraded to Long-term ‘IND BBB’/ Stable from ‘IND BBB-‘ and Short-term ‘IND A3+’ from ‘IND A3’
Rs. 180m non-fund based limits*: upgraded to Short-term ‘IND A3+’ from ‘IND A3’
(*Rs. 145m of the non-fund based limits is interchangeable with the fund-based limits)

As the industry continues to focus on enhanced efficiency and reduced capital expenditure, the prospects of Subex continue to be brighter than ever, indicating better performance ahead with our clarity of purpose and mission of stability”.

About Subex Limited

Subex Limited is a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Centre (ROC®) – a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex’s product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award 2014 along with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2013
#Forbes’ Global 2000 list, 2014

For more information please visit www.subex.com/

Bangalore, IndiaSubex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers (CSPs), has announced the launch of a new version of the industry leading revenue assurance solution, ROC Revenue Assurance 5.3.

The new version of ROC Revenue Assurance brings with it numerous enhancements on both visual and performance fronts. In addition to this, the new version is built to reduce the Total Cost of Ownership (TCO) considerably through multiple optimizations.

ROC Revenue Assurance 5.3 is now part of the ROC 3.0 platform which is an integrated suite of products that provides capabilities going far beyond just detecting revenue leakages and brings in multiple other capabilities to optimize business processes and grow margins. The new version of the solution is also equipped with Dynamic Network Analytics (DNA), which is a first-of-its-kind auto-configuration solution that offers rapid deployment by providing predefined libraries & controls for assorted technologies. DNA helps in cutting down the deployment time considerably and in-turn results in faster returns.

The Graphical User Interface (GUI) of the solution has undergone a complete revamp and is built to be intuitive and enhance ease of use. It is in-line with the latest design standards and is driven by the motive to enrich user experience while drastically improving workflow efficiency. Existing features like RevenuePad and Zen which were unique to ROC Revenue Assurance have now been further enhanced and can result in further increase in productivity.

The solution is also Big Data optimized that makes it fully capable of efficiently handling enormous amounts of data in actual operational environment. Architectural enhancements have also resulted in 10X increase in performance over the previous version and enables load handling of billions of xDRs per day.

ROC Revenue Assurance 5.3 is also available on Android and iOS as full-fledged mobile applications facilitating extensive collaboration through SMS, emails, chat, calling and active notifications. With easy access to dashboards, case management and system monitoring, it is the most comprehensive mobile application available for telecom revenue assurance.

“With the advent of 4G/LTE, operators are moving deeper into next-generation services and content-driven service environments; revenue assurance is getting both more complex and critical. Traditional revenue assurance tools and methods fall short in handling complex services and business models. A lot of strategic thought has gone behind the version upgrade to help operators make the most out of the solution. While feature enhancement was one of the top priorities, lowering TCO was equally important and with ROC Revenue Assurance 5.3 we have been able to successfully achieve both to deliver rapid ROI” said Ashwin Chalapathy: Global Head – Portfolio Management, Managed Services & Consulting.

About Subex Limited

Subex Limited is a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Centre (ROC®) – a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex’s product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award 2015 along with Mobily, in 2014 with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2014
#Forbes’ Global 2000 list, 2014

For more information please visit www.subex.com/

New Delhi, IndiaSubex Limited a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) will be hosting its SAARC Summit 2015 on the 23rd of July in New Delhi, India. The speakers for the conference include delegates from leading Communications Service Providers.

Rajeev Batra, Chief Information Officer at MTS India will be the keynote for the event and will speak about ‘IT Transformation in Evolving Telecom Conundrum’. Other key speakers include Rajesh Kumar – Associate Vice President at Uninor, who will speak about ‘Big Data and Analytics – what does it mean for telcos?’ and Rajesh Abraham – Revenue Assurance Head at Celcom Axiata who will hold a session on “Big Data Challenges in Revenue Assurance”.

The Summit will provide the perfect stage to discuss current market dynamics and challenges, provide operators an excellent opportunity to engage and learn from collective experiences while sharing best practices and feedback. Apart from roadmaps and workshops on the company’s core products – ROC Revenue Assurance and Fraud Management, the conference includes sessions on areas such as Capex Optimisation and Advanced Analytics.

Shankar Roddam, Market Head – Sales and Client Relations for Emerging Markets at Subex Ltd. said, “The SAARC Summit will be an ideal platform for our SAARC customers to interact, identify need and discuss the industry at large. The Summit will provide an excellent opportunity for our users to engage and discuss current market trends and familiarize with Subex’s solutions through the planned workshops. It will also provide an opportunity for them to get insights into Subex’s ROC products and solutions, allowing them to provide unbiased opinion about the performance of products and influence product roadmap. We look forward to an enriching experience and welcome all our customers and partners.”

The Subex SAARC Summit 2015 will be held on July 23rd at Hotel Radisson Blu Plaza, Delhi. Click here for more information

About Subex Limited

Subex Limited is a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Centre (ROC®) – a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex’s product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award 2015 along with Mobily, in 2014 with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2014
#Forbes’ Global 2000 list, 2014

For more information please visit www.subex.com/

London, UK – Subex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers (CSPs), announced that it has been awarded the Global Telecoms Business Innovation (GTB) Awards 2015 along with Mobily in the ‘Business Service Innovation’ category for Fraud Management in a dynamic environment.

The Global Telecoms Business Innovation Awards have been in existence since 2007 and recognizes innovations that contribute to improved business efficiencies in the telecoms world. This is the fourth time Subex has won the prestigious GTB Innovation Awards.

Subex and Mobily entered into a strategic partnership program with the objective of consolidating Fraud Management operations to enhance fraud prevention for the operator’s mobile and internet services. The project helped Mobily in tackling challenges relating to resources, processes and IT which are inherent to large operators with growing subscriber numbers.

Hashem H. Sharrab, General Manager IT at Mobily said, “In Subex we have found a partner who can take the next level of fraud management challenges successfully. This move was critical for us with our expanding footprint and exponentially increasing number of subscribers. The Managed Services engagement with Subex empowered us to optimise resources and focus on our core business and strategic initiatives. We are pleased with the highly skilled Subex team who handled the engagement with continuous improvements”.

Vinod Kumar, Chief Operating Officer, Subex, said, “It is an honour to have won the prestigious Global Telecoms Business Innovation Award along with Mobily. The engagement was aimed to achieve proactive fraud management while optimising resources and allowing Mobily to focus on their core areas. The success of the project is a result of collaborated efforts from different teams in both Subex and Mobily.”

Alan Burkitt-Gray, Editor, Global Telecoms Business said, “This is the ninth time we’ve run our Innovation Awards and each year we’ve seen that the industry is working harder and harder to deliver exciting and innovative services to its customers worldwide. Congratulations to Subex and Mobily. The industry is seeing a wave of innovation which is making a huge difference, to the companies working in the industry and to all of us in business and as consumers. They are making such a difference to the world. We want to celebrate what they are doing.”

The Global Telecoms Business Awards, now in their ninth year, acknowledge innovation and excellence across the worldwide telecommunications industry.

With more than 100 global installations, ROC Fraud Management enables CSPs to increase fraud prevention in the telecom industry by eliminating known frauds, uncovering new fraud patterns, minimizing fraud run time, augmenting internal controls, and supporting continuous fraud management process improvements. It detects known fraud types and patterns of unusual behaviour, helps investigate these unusual patterns for potential fraud, and uses the knowledge thus generated, to upgrade and protect against future intrusions.

About Subex Limited

Subex Limited is a leading global provider of Business Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Center (ROC®) – a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex’s product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award 2014 along with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.

Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2013
#Forbes’ Global 2000 list, 2014

MUMBAI, INDIA Subex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers, today announced its financial results for the year ended March 31, 2015.

Performance Highlights for the period ended March 31, 2015

  • Revenue for the year at Rs.35,983 lacs (US$ 59 million) and for the quarter at Rs.11,216 lacs (US$ 18.1 million)
    • Up by 5.8% YoY (Rs.1,978 lacs) from Rs.34,005 lacs in FY14
    • Up by 21.9% QoQ ( Rs.2,017 lacs) from Rs.9,199 lacs in FY15 Q3
    • License & Implementation at 36%, Managed Services at 34%, Support at 30% of the total revenue for the year
  • EBIDTA ex-forex for the year at Rs.9,259 lacs (US$ 15.0 million) and for the quarter at Rs.3,967 lacs (US$ 6.5 million)
    • Up by 6.7% YoY from Rs.8,677 lacs (US$ 14.8 million) in FY14
    • Up by 56.9% QoQ from Rs.2,529 lacs (US$ 4.1 million) in FY15 Q3
  • Operating Profit ex-forex for the year at Rs.8,857 lacs (US$ 14.5 million) and for the quarter at Rs.3,874 lacs (US$ 6.3 million)
    • Up by 5.1% YoY from Rs.8,429 lacs (US$ 14.3 million) in FY14
    • Up by 58.6% QoQ from Rs.2,443 lacs (US$ 4.0 million) in FY15 Q3
  • Profit after Tax (ex-forex) for the year at Rs.2,270 lacs (US$ 3.7 million) and for the quarter at Rs.2,253 lacs (US$ 3.6 million)
    • Up by 340% YoY from Rs.516 lacs (US$ 0.9 million) in FY14
    • Up by 212% QoQ from Rs.722 lacs (US$ 1.2 million) in FY15 Q3
    • Forex loss for the year at Rs.1,250 lacs (US$ 2.05 million) as compared to forex loss of Rs.1,677 lacs (US$ 2.9 million) for the previous year

FCCB Conversion
The Board in its meeting today has also approved the reset of conversion price of the FCCB III which are convertible into equity shares of the Company, from Rs.22.79 to Rs.13.00 per equity share. As a result of the reset of conversion price, subject to necessary approvals, the said bonds as currently outstanding of face value of US $76.53 million would potentially be converted into 329,988,530 shares at an exchange rate of Rs.56.05.

Surjeet Singh, Managing Director & CEO, Subex Limited said, “We have ended another strong year with an EBITDA of 25.7%. We have been jointly awarded the prestigious GTB Innovation Award 2015 along with Mobily for Business Service Innovation. This prestigious industry recognition is testimony of our sustained focus on product innovation done along with our customers. Our domain expertise ensures a deep understanding of the challenges and opportunities that operators face today and empowers us to solve them with advanced technology. We remain firmly committed to delivering enhanced value to all our stakeholders and feel confident that we will achieve outstanding results through focus on our core and growth areas as well as efficient execution.”

About Subex Limited

Subex Limited is a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Centre (ROC®) – a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex’s product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award 2014 along with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2013
#Forbes’ Global 2000 list, 2014

For more information please visit www.subex.com/

Mumbai, INDIA Subex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers, today announced its financial results for the third quarter ended December 31, 2014.

Performance Highlights for the quarter ended December 31, 2014:

  • Revenue for the quarter at Rs. 9,199 lacs (US$ 15.0 million)
    • Up by 2% QoQ from Rs 9,050 lacs (US$ 15.0 million) in FY15 Q2
    • License & Implementation at 37%, Managed Services at 33% & Support at 30% of the total revenues
  • EBIDTA ex forex for the quarter at Rs. 2,529 lacs (US$ 4.1 million)
    • Up by 8% QoQ from Rs. 2,352 lacs (US$ 3.9 million) in FY15 Q2
  • Operating Profit ex-forex for the quarter at Rs. 2,442 lacs (US$ 3.9 million)
    • Up by 4.3 % QoQ from Rs. 2,250 lacs (US$ 3.7 million)
  • Profit after Tax (PAT) for the quarter at Rs. 674 lacs (US$ 1.1 million) as against gain of Rs. 962 lacs (US$ 1.6 million) for the last quarter
  • YOY Profit after Tax (PAT) up from loss of (Rs. 844 lacs) to profit of 674 lacs.

Surjeet Singh, Managing Director & CEO, Subex Limited said, “We have ended the third quarter strongly with increased positive EBITDA and ex forex Operating Profit. As the industry continues to focus on enhanced efficiency and reduced capital expenditure, the prospects of Subex continue to be brighter than ever, indicating better performance ahead with our clarity of purpose and mission of stability”.

About Subex Limited

Subex Limited is a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Centre (ROC®) – a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex’s product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award 2014 along with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2013
#Forbes’ Global 2000 list, 2014

For more information please visit www.subex.com/

Bangalore, INDIA  – In 2014, it is expected that net global capital expenditures attributable to network investments and growth will exceed $354 Billion; up 4% from the previous year ($340B). While this growth is driven by massive expansion in LTE rollouts and network transformations, what is alarming to operator finance teams around the world is the lack of growth in revenues.

Under the backdrop of increasing capital expenditures (Capex) and revenue growth that is failing to keep pace, operators are now faced with a critical, immediate need to rationalize Capex practices. With this history in mind, the TM Forum Asset Management project team along with Subex as project lead, met with dozens of operators and commissioned an industry survey to study Network Asset Management programs and practices within operators today. The first ever in-depth survey, targeted at both the CFO and CTO organisations, across 29 operators focuses on understanding the magnitude of Capex challenge globally and the returns on existing network investment that operators are experiencing.The report is part of the assets in TM Forum Frameworx 14.5.

Highlights from the survey reveal:

  • 65% of respondents believe that their inventory is misaligned with the network
  • 75% of the respondents agreed that they are forced to perform expensive, time consuming individual site audits to get a better idea of exactly what they have deployed on their networks
  • Deployed asset visibility and decommissioned asset visibility are major areas of concern for over 75% respondents
  • Close to 50% of respondents from Finance and Network reach different conclusions on needs and don’t have confidence in network demand projections
  • Only 50% respondents measure increase in revenue from network assets

Major findings by the study revealed more finance-led justification and analysis prior to providing Capex approvals, resulting in a need for increased collaboration between both organizations. When asked where investment priorities existed, operators overwhelmingly ranked transformation and capacity augmentation as their key initiatives.

“The survey succeeded in exposing several areas of weakness and misalignment within operator Network Capital and Asset Management across the globe,” said Rebecca Sendel, Senior Director Business Assurance Program, TM Forum. “TM Forum remains committed to helping operators develop new approaches to achieve maximum efficiency and optimization of their business processes and success in Capex management through the Asset Management group.”

“ The survey validates that operators understand the challenges they are facing with adequate network capital asset management programs,” said John Brooks, VP Product Management at Subex and Project Lead, TM Forum Asset Management team. He added, “Operators are today looking at the industry (suppliers, consultants, and standards forums) to provide expertise and best practices to improve, if not solve, these Capex challenges as validated by 95% survey respondents The major hurdle these operators will have in adopting industry-driven network capital asset programs and solutions, however, will be the ability for Network and Finance to collaborate with each other to apply a solution.”

To access the full survey report please click here.

About TM Forum

TM Forum is a global industry association which helps its members transform and succeed in the digital economy. The collective experience and interests of our member community comprised of more than 85,000 experts from 900+ global enterprises, service providers and technology suppliers drives everything we do, from thought-provoking research and publications, to practical guidance, tools and best practices, hands-on events, and training for business and IT leaders.

Through three key programs – Agile Business and IT, Open Digital Ecosystem, and Customer Engagement – we provide a unique platform for our members to connect and collaborate with individuals and groups from around the world to solve key challenges and rapidly innovate to deliver new services, improve business agility, partner for success, reduce cost and risk, and enhance customer value and loyalty. To learn more about the Forum and join our digital journey as a valued member and collaborator, please visit www.tmforum.org.

MUMBAI, INDIA Subex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers, today announced its financial results for the second quarter ended September 30, 2014.

Performance Highlights for the quarter ended September 30, 2014:

  • Revenue for the quarter at Rs. 9,050 lacs (US$ 15 million)
    • Up by 38.9% QoQ from Rs 6,518 lacs (US $ 10.9 million) in FY15 Q1
    • License & Implementation at 24%, Managed Services at 38% & Support at 38% of the total revenues
  • EBIDTA ex forex for the quarter at Rs. 2,352 lacs (US$ 3.9 million)
    • Up by 461% QoQ from Rs. 419 lacs (US $ .70 million) in FY15 Q1
  • Operating Profit ex-forex for the quarter at Rs. 2,250 lacs (US$ 3.7 million)
    • Up by 744 % QoQ from Rs. 266 lacs (US$ .45 million)
  • Profit after Tax (PAT) for the quarter at Rs. 962 lacs (US$ 1.6 million) as against loss of Rs. 2,060 lacs (US$ 3.50 million) for the last quarter.

Surjeet Singh, Managing Director & CEO, Subex Limited said, “We have ended the quarter strongly with increased positive EBITDA and increase in ex forex Operating Profit. Our recently concluded Subex User Conference 2014 is testimony of our solutions capabilities and assurance of our customer’s support and belief in the company’s strategy and growth. As the industry continues to focus on enhanced efficiency and reduced capital expenditure, the prospects of Subex continue to be brighter than ever, indicating better performance ahead with our clarity of purpose and mission of stability”.

About Subex Limited

Subex Limited is a leading global provider of Business and Operations Support Systems (B/OSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation – thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Centre (ROC®) – a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex’s product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, asset assurance, capacity management, data integrity management, credit risk management, cost management, route optimization and partner settlement. Subex also offers a scalable Managed Services program with 30 + customers.

Subex has been awarded the Global Market Share Leader in Financial Assurance 2012 by Frost & Sullivan and has been the winner of Pipeline Innovation Award 2013 in Business Intelligence & Analytics; Capacity Magazine Best Product/ Service 2013. Subex has continued to innovate with customers and have been jointly awarded the Global Telecoms Business Innovation Award 2014 along with Telstra Global; in 2012 with Idea Cellular for Managed Services and in 2011 with Swisscom for Fraud Management.Subex’s customers include 29 of top 50 operators* and 33 of the world’s 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*Total Telecom Top 500 Telecom Brands, 2013
#Forbes’ Global 2000 list, 2014

For more information please visit www.subex.com/

Bangalore, INDIA – Subex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers (CSPs) announced that it will be hosting the 2014 edition of its Global User Conference from 5th to 6th of November, 2014 at Istanbul, Turkey. The 2014 User Conference comprises of more than 150 delegates from leading wireless and wireline operators from over 52 countries.

Gerd Leonhard, Futurist, Author, Think-Tank Leader & Strategist and Michael Rimkus Vice President, Internal Audit & Risk Management at T-Mobile US are esteemed keynote speakers for the event. The conference is being Chaired by Eric Priezkalns, Co-founder of talkRA. Independent speakers include Alex Leslie, Publisher of Billing Views and Dave Huras, President of CFCA. The 2 day conference will showcase 12 customer presentations and case studies and debate on current industry topics related to assurance and CapEx optimisation through roundtable and panel discussions.

The 2014 Subex User Conference: “Connect, Communicate, Collaborate” will provide the perfect stage for the industry to understand current market dynamics and challenges. An annual property, the User Conference provides customers with an excellent opportunity to engage and learn from collective experiences while sharing best practices and feedback.

Vinod Kumar, COO, Subex Ltd. said, “The Annual Subex User Conference is an ideal platform to meet, interact and collaborate with our customers on collectively improving the global telecom landscape, towards inclusive growth. Theroster of industry leaders who have so graciously decided to share their time, knowledge and wisdom with all of us is truly humbling. The number of operator registrations this year has been a record high (over 150), and we look forward to two days of enriching sessions and welcome all our customers and partners to Istanbul.”

Helpful Links

  • Subex website
  • Register for the Subex User Conference 2014 here 
  • Join the Conversation on #SUBEXUC on Twitter / Blog
  • Stay Connected with Subex on LinkedIn
  • More details on the #SUBEXU here
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