BANGALORE, India -- 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 December 31, 2012.
Revenues for the quarter at US$ 16.6 million (Rs. 906 million)
Up 16% QoQ from US$ 14.3 million (Rs. 780.4 million)
License & Implementation at 48%, Managed Services & Support at 49% and Services at 3% of the total revenues
Operating Profit for the quarter at US$ 4.13 million (Rs. 227.6 million)
Up from operating loss of US$ (-)1.33 million (Rs. (-)73.4 million)
Forex gain for the quarter at US$ 0.6 million (Rs. 35.2 million) as compared to forex loss of US$ (-)2.1 million (Rs. (-) 114.9 million) for the previous quarter
Light Reading founder Steve Saunders talks with VMware's Shekar Ayyar, who explains why cloud architectures are becoming more distributed, what that means for workloads, and why telcos can still be significant cloud services players.
A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.