Subex Ltd.

Subex, a leading global provider of business support systems (BSS) for communications service providers (CSP's), has received the Reserve Bank of India’s (RBI) approval for the restructuring proposal of its outstanding Foreign Currency Convertible Bonds (FCCBs) involving a combination of debt and equity. The company will shortly launch a cashless exchange offer wherein the current FCCBs will be exchanged for new FCCBs with a maturity period of 5 years and fresh equity.

Recently, the company had been selected by ZON Multimedia, in a competitive bid, to provide its industry leading Revenue Operations Centre (ROC) Revenue Assurance solution.

Subex is a leading global provider of business support systems that empowers communication service providers to achieve competitive advantage through Business Optimization-thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.