BSS (inc. billing, revenue assurance)

Subex Azure Reports Q2

BANGALORE, India -- Quarter Ended September 30, 2006(Consolidated)
  • Net Consolidated Revenue at Rs. 1031 million (US $22.53 Million), up by 137% from Rs. 434 million (US $9.48 million) in Q1.
  • Profit After Tax Rs. 171 million (US $3.74 Million), up by 356% from Rs. 37 million (US $0.81Million) in Q1.

Product Revenue at Rs. 741 million (US $16.19 Million) in the current quarter, up by 252% from Rs. 210 million (US $4.59 Million) in the last quarter

Bangalore: Subex Azure Limited, the world's largest vendor of revenue maximization solutions for telecom operators adopted its’ second quarter results at its’ Board Meeting held on 28th October.

Speaking on the tremendous growth in the half year, Subash Menon, Founder Chairman, Managing Director & CEO, Subex Azure Limited said, "The good growth reflects our increased focus on continuously providing a higher level of choice to our customers in existing and newer markets following the Azure acquisition. Our product revenues have contributed considerably reaching 72% of the total revenue for the quarter ended 30th September 2006.”

Subex Ltd.

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