subex share price: Subex hits 20% upper circuit after partnership with Jio Platforms

New Delhi: Shares of software solution provider Subex zoomed 20 per cent in Wednesday’s trade after it partnered with Jio Platforms to augment 5G product line.

Jio Platforms (JPL), an Indian technology company announced a partnership with Subex for its AI Orchestration Platform, ‘HyperSense,’ which can enable telcos to deliver on the promise of AI across the data value chain, it said in an exchange filing.

As per the collaboration, the subsidiary of

() will offer its cloud native 5G core to telcos globally along with Subex’s HyperSense for enabling closed loop network automation, product performance and customer experience analytics, it added.

Following the development, shares of Subex zoomed to Rs 33.30 in Wednesday’s trade. The scrip had settled at Rs 27.75 on Tuesday.

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