HomeMarket NewsStocks NewsSubex wins $6.62 million contract from Netherlands operator for MVNO billing, partner settlement
The contract, valued at $6.62 million (approximately ₹54.95 crore), extends Subex’s existing relationship across Routing, Interconnect, OTT, SMS, DCB, and wholebuy billing. Shares of Subex Ltd ended at ₹12.00, down by ₹0.050, or 0.41%, on the BSE.
Leading global provider of business support systems for Communications Service Providers (CSPs), Subex Ltd, on Thursday (October 9), announced that a leading telecom operator in the Netherlands has selected the company to deliver a single, converged platform for MVNO billing and wholesale partner settlement.
The contract, valued at $6.62 million (approximately ₹54.95 crore), extends Subex’s existing relationship across Routing, Interconnect, OTT, SMS, DCB, and wholebuy billing. The contract spans six years, with an option to extend for an additional two years, subject to an upward revision of commercials.
Subex will provide end-to-end managed services hosted from its UK datacenter, consolidating wholesale products into a single billing, rating, and reporting platform. The program is designed to improve operational efficiency, reduce costs, and maintain 99% SLA compliance standards.
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The Netherlands operator maintains a nationally significant wholesale footprint that enables multiple MVNOs to leverage high-speed mobile infrastructure. As part of its strategy, it is expanding its national network coverage with high-speed broadband and leveraging wholesale products to enhance service delivery and drive operational efficiency across its footprint.
The program will converge billing and settlement under 100% Managed Services and Business Operations, designed to drive substantial efficiency. The program aims to consolidate wholesale products into a single billing, rating, and reporting platform, improving efficiency and consistency while achieving a significant cost reduction, all the while maintaining the 99% SLA compliance standards that have been a hallmark of the Connect business.
"Wholesale monetisation demands convergence, not complexity. With a single platform for MVNO billing and partner settlement delivered as managed services, we're aligning technology, operations, and governance to accelerate time-to-value for one of the Netherlands’ most influential operators," said Nisha Dutt, MD and CEO, Subex.
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Shares of Subex Ltd ended at ₹12.00, down by ₹0.050, or 0.41%, on the BSE.