Subex secures a three-year, USD 0.7 million deal with an African mobile operator

Subex Ltd. remains unchanged at Rs 18.34, after declining 5.17% over the last week.

Subex has secured a new three-year deal valued at USD 0.7 million with a leading African mobile operator to deploy its HyperSense Fraud Management solutions, bolstering the company's presence in Africa and expanding its fraud management capabilities within a major global telecommunications group. The engagement will enable the operator to strengthen fraud detection, improve investigation effectiveness, and respond more rapidly to evolving threats, according to a regulatory filing made on October 9, 2026. Subex, a provider of AI-powered telecom solutions, highlighted that this partnership reflects continued customer confidence in its HyperSense Fraud Management portfolio and underscores its understanding of regional operating environments.

Subex Ltd. shares saw a trading volume of 20.87 lakh today, a decrease of 80.38% from the one-week average volume. Subex Ltd. surged by 53.47% year-over-year, outperforming the NIFTY50 index's 11.24% loss.