Contract Details
Subex secured a new deal with a leading African mobile operator for the deployment of its HyperSense Fraud Management solutions. The contract value is USD 0.7 million, and the engagement spans a period of 3 years.
Significant Terms and Conditions
The engagement involves deploying HyperSense Fraud Management solutions to strengthen the operator's ability to identify emerging fraud patterns, improve investigation effectiveness, and enable the operator to respond more rapidly to evolving threats. The solution will address fraud detection and investigation across both communications and mobile money operations.
Counterparty Information
The order was awarded by an international entity described as "another new-logo with a leading African mobile operator" and represents another operating company within a major global telecommunications group. The company confirmed that neither promoters/promoter group/group companies have any interest in the entity that awarded the contract, and this does not constitute a related party transaction.
Strategic Significance
The engagement strengthens Subex's presence in Africa and extends its fraud management capabilities within the telecommunications group. According to Nisha Dutt, MD & CEO of Subex, the solution brings AI and deep telecom domain intelligence together to help detect threats earlier and protect revenues and customers.