Subex, a global leader in AI-native telecom solutions, in collaboration with its regional systems-integration partner, has extended its long-standing partnership with a leading APAC communications service provider (CSP) for another five years. The deal is worth USD 5.60 million. Building on a proven track record, the renewed engagement will deliver enhanced Revenue Assurance and Fraud Management (RAFM) capabilities to protect against revenue leakages and fraud across the operator's mobile and fixed-broadband services.
Serving 150+ million mobile and 10+ million fixed-broadband subscribers, the operator plays a pivotal role in powering the region's digital economy and nationwide connectivity.
Subex's solutions were initially deployed in early 2020 to strengthen revenue assurance and fraud prevention across the operator's mobility business. In 2023, coverage expanded to the operator's fixed-broadband portfolio, ensuring end-to-end revenue protection across both mobile and fixedbroadband lines of business.
The five-year renewal extends Managed Services program and introduces an additional specialized Professional Services program to help organization unlock greater ROI from the RAFM platform, starting with a technical modernization effort that positions the platform for longterm success.
Together, these initiatives will accelerate detection and resolution, curb revenue risk, and fortify operational resilience across the expanding portfolio, positioning the operator to supercharge revenue protection, sharpen compliance, and elevate customer experience.
Nisha Dutt, MD & CEO, Subex, said: "We're thrilled to extend this strategic partnership. Over the past five years, our revenue assurance and fraud management solutions, delivered alongside trusted managed services, have created a meaningful impact.
This additional 5 years renewal highlights our shared commitment to strengthening revenue protection, accelerating time-to-resolution, and driving operational excellence as the region's digital economy continues to scale."
Shares of Subex Limited was last trading in BSE at Rs. 11.96 as compared to the previous close of Rs. 11.81. The total number of shares traded during the day was 61398 in over 378 trades.
The stock hit an intraday high of Rs. 12.14 and intraday low of 11.72. The net turnover during the day was Rs. 731746.00.