Archive · 23 Sep 2026

Subex Shares Hit 52-Week High After $5 Million Deal

Subex Shares Hit 52-Week High After $5 Million Deal

Subex is a technology company that helps telecom operators manage their businesses.

It won a contract worth US$5 million, or nearly Rs 48 crore.

The customer is a telecom operator whose name was not given.

Subex will provide tools to manage the operator’s partners and wholesale services.

These services include voice, messaging, data, 5G and Internet of Things partnerships.

The new platform will combine billing, routing, settlement and other operations in one system.

This should make it easier for the operator to add new partners and business models.

Investors reacted positively, and Subex shares rose 14% to a 52-week high.

Sources