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Subex secures a three-year, USD 0.6 million contract with an African mobile operator

(26-Aug-26   11:03)

Subex Ltd. currently trades at Rs 17.82, having risen 11.93% over the last week. Subex announced August 26, 2026, that it secured a three-year contract with a leading African mobile operator for the deployment of its HyperSense Fraud Management solutions, valued at USD 0.6 million. The engagement will enhance the operator’s ability to detect and combat fraud across its mobile operations and mobile money business, leveraging Subex’s AI-powered fraud management capabilities and deep telecom domain expertise. The deal expands Subex’s presence in the African market and reflects the increasing demand for integrated fraud management solutions within the telecom and mobile financial services sectors. Subex Ltd. shares saw a trading volume of 12.0 lakh today, a decrease of 94.14% compared to the average volume over the last one week. Subex Ltd. registered a strong increase of 36.97% year-over-year, outperforming the 2.54% loss recorded by the NIFTY50 index.