Engagement with a leading Telecom operator in North Africa to modernize its RAFM operations
SUBEXLTD · price
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Subex Ltd announced a 5-year contract with a leading telecom operator in North Africa to deploy its HyperSense AI-first platform for Revenue Assurance and Fraud Management (RAFM). The contract is valued at around USD 1.93 million. Under this engagement, the telecom operator will upgrade from Subex's ROC system to the HyperSense platform, which offers AI-driven fraud management, intelligent workflow automation, and enhanced analytics. This is an international order where payment will be received in USD hard currency. The company stated that no promoter or group companies have any interest in the entity awarding the contract.
This contract provides Subex with recurring revenue over 5 years and expands its presence in the North African telecom market. The USD-denominated contract also indicates foreign exchange earnings. However, the value of approximately USD 1.93 million is relatively modest for the company.