1 hr ago
Subex Wins ₹41.6 Crore APAC Mobile Operator Contract
Subex has won a large contract from a mobile operator in the Asia Pacific region.
The contract is worth about ₹41.6 crore, or US$5 million.
It will last for five years.
The operator can choose to extend it for two more years.
Subex will provide tools to manage the operator’s business partners.
These tools should help the operator add partners and launch services more quickly.
They are also designed to support new opportunities linked to 5G and wholesale telecom services.
Subex said telecom companies will increasingly depend on the ecosystems they build.
The company said older systems can make it harder to bring new partners and services to market quickly.
Subex Limited won a US$5 million, approximately ₹41.6 crore, contract from a large Asia Pacific mobile network operator.
The five-year agreement includes an option for a two-year extension.
The contract covers deployment of Subex’s Partner Ecosystem Management solutions.
The solutions are intended to accelerate partner onboarding and support new business models.
The engagement will provide an operational foundation for emerging 5G and wholesale revenue opportunities.
- Who
- Subex Limited and a large, unnamed mobile network operator in the Asia Pacific region.
- What
- Subex won a US$5 million, approximately ₹41.6 crore, contract to deploy Partner Ecosystem Management solutions.
- Where
- The customer operates in the Asia Pacific region.
- When
- The announcement was made on Monday; the specific date was not stated.
- Why
- The solutions are intended to scale the operator’s partner ecosystem, speed up partner and service onboarding, and support 5G and wholesale revenue opportunities.
Key facts
- Contract value
- US$5 million, approximately ₹41.6 crore
- Contract duration
- Five years
- Extension option
- Two additional years
- Customer
- A large mobile network operator in the Asia Pacific region
- Solution
- Subex Partner Ecosystem Management
- Focus
- Partner ecosystem expansion, new business models, 5G and wholesale opportunities
- Transaction status
- With an international entity and not a related-party transaction
Sources
Related news
Subex Shares Hit 52-Week High After $5 Million Deal
Onward Technologies Renews ₹44 Crore Managed Digital Services Contract
Vi Joins ACES India’s 25-Year Mumbai Metro Agreement
Nuvama Sees 28% Upside in Tata Communications Stock
Tejas Networks Shares Rise After ₹1,537-Crore BSNL 4G Order
Asia Innovation Summit Highlights AI’s Role in Future Connectivity
