Subex Limited jumps 13.32% as it secures a US$ 5 million contract to modernize a mobile network operator's Partner Ecosystem Management

Subex Ltd. shares surge 13.32% to Rs 21.95, building on recent momentum and showing a 12.05% increase over the last one week.

Subex Limited announced September 23, 2026, that a major mobile network operator in the Asia Pacific region has selected the company to modernize and future-proof its Partner Ecosystem Management (PEM) operations, securing a contract valued at US$ 5 million with an option to extend for an additional 2 years. The engagement involves deploying Subex's Partner Ecosystem Management solutions to enable the operator to scale its partner ecosystem, onboard new business models, and capture emerging 5G and wholesale revenue opportunities, consolidating diverse business lines onto a unified platform. According to Subex, this project reinforces the company's position in Partner Ecosystem Management for the digital-first era.

Subex Ltd. shares saw a trading volume of 238.82 lakh today, a surge of 56.34% above the one-week average volume. Subex Ltd. jumped by 72.56% year-over-year, outperforming the NIFTY50 index's 7.43% loss.