New Delhi, Oct. 10 -- Subex share price surged by 10% during Friday's trading session following the announcement that a prominent telecom operator in the Netherlands has chosen the company to provide a unified platform for MVNO billing and wholesale partner settlement.

The agreement, which is worth $6.62 million (around Rs.54.95 crore), strengthens Subex's ongoing partnership in areas including Routing, Interconnect, OTT, SMS, DCB, and wholesale billing.

This contract has a duration of six years, with the possibility of extending it for another two years, contingent upon an increase in commercial terms.

Subex will deliver comprehensive managed services from its UK data center, integrating wholesale offerings into a unified billing, rat...