With the new solution, the firm is planning an aggressive go-to-market strategy by targeting the booming telecom market across the world. As a part of this, it will look at strengthening presence in various geographies by bringing in innovations in product development.
Briefing reporters, Founder-Chairman and Chief Executive Officer Subash Menon said: “we were facing some problems as part of the global meltdown. The company is witnessing turnaround in the third quarter of the fiscal year 2010 and want to keep this momentum.”
Further he said, “the successful restructuring of our Foreign Currency Convertible Bond (FCCB) has eliminated uncertainty that existed in the minds of our stakeholders.”