Subex Shares Up 9.9% on USD 6.62 Million Contract Win for Dutch Telecom Operator

Bengaluru, October 10, 2025: Subex Limited (NSE: SUBEXLTD, BSE: 532348) shares jumped 9.96% to ₹13.14 in early trading on Friday after the company won an international contract of USD 6.62 million (₹55 crore) from a leading telecom operator in the Netherlands. The six-year agreement with the option of extension for two additional years will see Subex deliver a converged MVNO billing and wholesale partner settlement platform, establishing its presence in the European telecommunication sector.

Founded in 1994 and with its headquarters in Bengaluru, Subex Limited is a global leader in AI-driven solutions for telecommunications operators. Subex deals in Business Assurance, Fraud Management, and Partner Ecosystem Management and boasts more than 300 installations across 100+ countries. Subex is listed on NSE and BSE under the Software Products category and remains a key driver in helping Communication Service Providers (CSPs) become more profitable and automated through the use of advanced analytics and AI-based technologies.

Contract Details and Strategic Impact

The deal involves Subex providing 100% managed services and business operations from its UK data center, consolidating a number of legacy billing and reporting systems onto one single platform. The solution will improve interconnect, OTT, SMS, direct carrier billing (DCB), and wholesale monetization processes with a 99% service-level compliance rate.

The project is expected to deliver astounding cost savings and scalability of operations for the client and expand Subex’s global reach in the managed telecom solutions sector.

Leadership Commentary

Commenting on the development, Nisha Dutt, Managing Director and CEO of Subex Limited, said, “Wholesale monetization demands convergence, not complexity. With a single platform for MVNO billing and partner settlement delivered as managed services, we’re aligning technology, operations, and governance to accelerate time-to-value for one of the Netherlands’ most influential operators.”

Market Reaction and Performance

The news sparked frenzied demand for the stock, which surged to an intraday high of ₹13.14 from its opening price of ₹12.10. As of 11:05 AM IST, Subex shares were up ₹1.19, marking a remarkable recovery from their 52-week low of ₹10.55. The company’s market capitalization stood at ₹732.85 crore, with trading volumes reaching 18.65 lakh shares in early trade.

Investor sentiment turned strongly bullish after the news, as buy orders (7.03 lakh) easily outdid sell orders (2.05 lakh) – a clear indication of fresh optimism regarding Subex’s turnaround and growth trajectory.

REF: https://nsearchives.nseindia.com/corporate/SUBEXLTD_09102025183332_Disclosure.pdf

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