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Subex wins $0.5 m African order

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CIOL Bureau
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BANGALORE: Subex Systems Ltd., which specializes in software for the

telecommunications sector, said on Tuesday it has won an order worth $500,000

from an African telecom services provider.

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"The contract has been awarded by a GSM (global system for mobile

communications) operator in Africa for two of Subex's products," the

Bangalore-based company said in a statement. It did not name the client.

"The total time frame within which we will get the payment is about two

to three months during which the order will be implemented," a company

spokesman told Reuters. Subex opened an office in Johannesburg in South Africa

about a year ago to tap a growing wireless telephone market.

Subex, which has products for telecom service providers in areas like fraud

management and billing verification, is one of the few Indian software companies

that focuses on products unlike the majority which offer software services

billed by the hour.

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