Subex Secures 3-Year Engagement Worth Euro 0.6 Million with Major European Fibre Operator
Subex Limited has secured a new engagement with a major European open-access fibre operator, marking a significant expansion in the company's presence across the European market. The contract involves deploying Subex’s Partner Ecosystem Management solutions to support the operator in expanding its wholesale business ecosystem.The deal is valued at Euro 0.6 million and spans a period of three years. This engagement entails comprehensive end-to-end operations, professional services, and ongoing support. By providing these managed services, Subex enables the European operator to handle complex settlement processes without needing to maintain internal systems for such tasks.
The Partner Ecosystem Management solutions are designed to help the operator increase operational efficiency, improve scalability, and ensure accuracy as network complexity continues to rise within its wholesale business ecosystem.
Nisha Dutt, MD and CEO of Subex, commented on the achievement. She stated that winning a new client of this scale in Europe reflects the strength of the company’s direction. Ms. Dutt added, "Wholesale Business is one of the most demanding settlement environments in telecom and we are not just delivering software; we are operating the Partner Ecosystem Management solution for them, and that is a model we intend to scale across the region."
This win solidifies Subex's standing within the European wholesale markets. It reinforces the company’s proven track record of enabling operators to successfully manage complex partner ecosystems through managed, outcome-led engagement models.
Subex operates as a telecom AI solutions provider, assisting Communications Service Providers (CSPs) globally in delivering connected experiences. With over 30 years of expertise in business optimization and analytics, Subex helps CSPs maximize revenue, reduce leakage, and strengthen operational efficiency. The company’s portfolio includes Business Assurance, Fraud Management, and Partner Ecosystem Management.
Key details of the contract are as follows:
| Particulars | Details |
|---|---|
| Client Entity | Major European open-access fibre operator |
| Contract Value | Euro 0.6 million |
| Duration | Three years |
| Scope of Work | Deploying Partner Ecosystem Management solutions and managing end-to-end operations, including professional services and ongoing support. |
SUBEXLTD Stock Price Movement
Subex Limited rallied on Friday, settling at ₹18.22 after gaining a robust ₹1.14, which reflected a 6.67% ascent for the equity. The impressive surge saw the stock touch its 52-week high, with trading volume reaching 7.53 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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