Barclays Capital Mauritius has sold 83.7 lakh shares of Subex through the open market route. The shares were sold on an average price of Rs 10.23 valuing the transaction to Rs 8.56 crore.
Subex is a leading global provider of Business Support Systems (BSS) 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.