Subex Secures EUR 2.7M EAM Contract with North African Telecom
Filing Summary
Subex Ltd has announced a new engagement with a leading North African telecom operator for an Enterprise Asset Management (EAM) project. The contract, valued at approximately EUR 2.7 million, spans nine years and involves the deployment of Subex’s HyperSense solutions. This project will cover the complete asset management lifecycle, integrating with various systems such as ERP and GIS. The engagement is with an international entity, and there are no related party transactions involved. This development aligns with Subex’s focus on expanding its telecom AI solutions globally.
Subex Ltd has disclosed a new Enterprise Asset Management (EAM) engagement with a leading North African telecom operator. This engagement is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project involves the deployment of Subex’s HyperSense solutions, which will support a governance-first EAM approach for the telecom operator.
The financial terms of the contract indicate a value of approximately EUR 2.7 million. This engagement is structured over a period of nine years. The contract does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract.
The scope of the project includes the deployment of HyperSense solutions to manage the complete asset lifecycle from purchase to disposal. The project covers all asset types, including telecom network, fiber, IT, and data-center assets. The solution integrates with several third-party systems, such as Enterprise Resource Planning (ERP), Geographic Information System (GIS), and Network Management System/Element Management System (NMS/EMS). This integration aims to provide centralized asset visibility and workflow automation.
The engagement is with an international entity, specifically a telecom operator that is part of a large multi-country telecom group. The project is set to span nine years, with Subex responsible for implementing and managing the EAM solutions throughout this period.
Subex is a telecom AI solutions company that enables Communications Service Providers (CSPs) globally to deliver connected experiences. Founded in 1994, Subex focuses on business optimization and analytics, leveraging AI to build intelligent connected ecosystems. The company’s portfolio includes Business Assurance, Fraud Management, and Partner Ecosystem Management, supporting CSPs in mitigating revenue leakage and combating fraud. Subex’s solutions are deployed in over 300 installations across more than 100 countries.