Announced Fri, 21 Aug · 09:18 IST
Subex wins Euro 0.6M deal with European fibre operator
SUBEXLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹17.06
prior close
₹17.33
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.6+2.8+2.9+5.5——————————
Up moveDown movePending
AI summary
Subex secured a new-logo win from a major open-access fibre operator in Europe worth Euro 0.6 million. Under a three-year agreement, Subex will deploy its Partner Ecosystem Management solution as a fully hosted and managed service, including end-to-end operations, professional services, and ongoing support. This helps the operator manage its expanding wholesale business ecosystem with better efficiency and scalability. The international deal strengthens Subex's position in European wholesale markets.
Likely market impact
Positive: new international client adds recurring revenue over three years and boosts Subex's European presence.