Subex has announced a deal win with a leading telecom operator in the APAC region. This deal, signed by Subex (Asia Pacific) , (wholly owned subsidiary of the Company) leveraging Subex`s advanced Business Assurance solution on HyperSense, marks the continuation of a productive alliance that spans over 15 years, building on the ROC Revenue Assurance system`s success. The operator is poised to emerge as a visionary leader in telecom technology, striving to deliver unparalleled 5G connectivity, integrated solutions, and an enhanced customer experience. This ambition is supported by the partnership with Subex, aimed at enhancing service quality and providing superior connectivity and integrated solutions. This initiative is expected to transform the operator`s approach to Business Assurance. Utilizing Subex`s AI-based solutions, the operator plans to enhance its assurance capabilities significantly, address a wider array of risks, and elevate its operational maturity. It`s a strategic step designed to proactively manage risks, particularly those emerging in the evolving 5G landscape, enabling rapid innovation and growth in the digital ecosystem.Powered by Capital Market - Live News

Subex has won a deal with a leading telecom operator in Southeast Asia. This deal involves the deployment of Subex`s state-of-the-art Business Assurance and Fraud Management solutions on HyperSense. This significant development continues the over two-decade-long alliance between Subex and the operator, building on the successful implementation of ROC Revenue Assurance and Fraud Management systems. The operator aims to be a future-fit, leading telecom tech company at the forefront of digitalization in the region, and the partnership with Subex will help move them closer to that vision. They aim to leverage partnerships with cutting-edge technology vendors to deliver high-quality connectivity and enterprise solutions in the era of 5G, AI, and IoT.Powered by Capital Market - Live News

Net Loss of Subex reported to Rs 4.89 crore in the quarter ended December 2023 as against net loss of Rs 4.68 crore during the previous quarter ended December 2022. Sales rose 11.08% to Rs 81.82 crore in the quarter ended December 2023 as against Rs 73.66 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales81.8273.66 11 OPM %0.716.91 - PBDT1.365.14 -74 PBT-2.391.33 PL NP-4.89-4.68 -4 Powered by Capital Market - Live News

Net Loss of Subex reported to Rs 9.80 crore in the quarter ended December 2023 as against net loss of Rs 4.95 crore during the previous quarter ended December 2022. Sales rose 2.86% to Rs 72.20 crore in the quarter ended December 2023 as against Rs 70.19 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales72.2070.19 3 OPM %-6.77-0.54 - PBDT-5.17-0.65 -695 PBT-8.43-3.94 -114 NP-9.80-4.95 -98 Powered by Capital Market - Live News

Subex will hold a meeting of the Board of Directors of the Company on 7 February 2024.Powered by Capital Market - Live News