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Our Bureau

Bangalore, Oct. 1 Bangalore-based telecom software firm Subex Azure has reported a revenue inflow of Rs 44 crore from its Fulfilment and Assurance Solutions business for its first quarter.

The FAS solutions were part of Syndesis, which the firm acquired on April 1, 2007. All the departments except engineering have been completely integrated.

Subex has had eight new wins in the first quarter, including three FAS customers. During this period, the company also launched its first FAS offering that accelerate the creation and automate the complex provisioning of VoIP offerings for business and consumer markets.

“The momentum is expected to pick up further in the coming months, and help us achieve our target of $130 million by the end of this fiscal,” said Mr Subash Menon, Chairman, Managing Director & CEO, in a release.

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