Subex Ltd.

Subex, mid-sized telecom software solutions provider has closed down its services division completely in order to concentrate on high margin product business. The share of services business had come down from about 17% of its total revenues in FY2008 to around 5% of the revenues in FY13. Services business generated revenues of $2.5-$3 million in FY 13 for Subex when the company reported revenues of around $60 million.

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.