30 Sep 2011 17:27
September 30, 2011
The London Stock Exchange
10 Paternoster SquareLondonEC4M 7LS
Dear Sir/Madam,
Sub: Updates
In furtherance to the announcement made by the Company on September 20, 2011, please be informed that the Company has concluded the transaction for sale of its activation business to Netcracker Technology Corporation, a leading telecom OSS player and part of the NEC group.
We request you to take the aforesaid notification on record.
Thanking you
Yours truly,
For Subex Limited
Ramanathan J
Vice President- Finance & Company Secretary