Subex shines on joining hand with Rhino Niger Networks to offer Telecom Analytics Solutions in Africa

11 Jul 2019 Evaluate

Subex is currently trading at Rs. 5.95, up by 0.20 points or 3.48% from its previous closing of Rs. 5.75 on the BSE.

The scrip opened at Rs. 5.82 and has touched a high and low of Rs. 6.00 and Rs. 5.82 respectively. So far 30713 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 8.01 on 24-Jan-2019 and a 52 week low of Rs. 4.40 on 25-Sep-2018.

Last one week high and low of the scrip stood at Rs. 6.39 and Rs. 5.66 respectively. The current market cap of the company is Rs. 332.71 crore.

The promoters holding in the company stood at 0.08%, while Institutions and Non-Institutions held 0.27% and 99.64% respectively.

Subex has entered into a strategic partnership with Rhino Niger Networks to cater to the digital transformation demands within the African markets. This partnership comes at a time when governments across the continent have announced their plans and aspirations to go digital.

Rhino Niger Networks offers digital services covering assurance, fraud prevention, network data governance amongst others. The primary goal of this partnership will be to leverage on Subex’s technical expertise coupled with Rhino’s local presence and understanding of the Nigerian and African market at large. The collaboration will act as a catalyst to drive the adoption and application of digital products and solutions, as well as enhance customer experiences.

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Subex Share Price

30.02 0.68 (2.32%)
28-Mar-2024 16:01 View Price Chart
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