Subex, a leading telecom analytics solution provider, has won a multi-million-dollar contract with Optus, Australia to implement its ROC Network Asset Management solution.

Optus is one of the largest telecom operators in Australia and a fully owned subsidiary of Singtel. They offer mobile, enterprise and wholesale services and home entertainment, exclusive content including EPL.

Subex was selected after successfully demonstrating its strong domain expertise and unique value proposition while showcasing the superiority of its solution. As part of the deal, Subex's ROC Network Asset Management will enable Optus to control all of its existing and new network investments through a well-defined network efficiency framework. This implementation will further help Optus to protect their network investments, improve utilization visibility and provide better financial controls.

''We are excited to partner with Optus for enabling Subex's ROC Network Asset Management solution. This win allows us to increase our footprint in the Australian market and for our ROC Network Asset Management product, which are 3 testaments to our Subex 3.0 strategy. Moreover, the partnership will also play a larger role in the industry by providing guiding principles for cost management for global operators who are looking to undergo a network upgrade program,'' said Vinod Kumar, CEO and Managing Director, Subex.

Shares of the company gained Rs 0.09, or 1.66%, to trade at Rs 5.52. The total volume of shares traded was 132,406 at the BSE (11.57 a.m., Thursday).