IT services major Tech Mahindra announced a partnership with Subex to drive scale adoption of blockchain-based solutions for telecom operators globally. Tech Mahindra and Subex blockchain

These solutions will enable fraud mitigation and drive operational efficiencies for communication service providers (CSPs) by reducing compliance complexities and faster time-to-market, a statement said.

The partnership will enable real-time reconciliation reports with summarised data to minimize discrepancies, leading to a reduction of multiple validations and quick dispute resolution through tamper-proof verifiable transactions, it added.

The collaboration will also expedite settlement for CSPs and drive enhanced visibility in the end-of-the-month billing cycle.

The CSPs will benefit from enhanced operational efficiencies by leveraging blockchain-based smart contracts and forge more impactful alliances to drive trust amongst diverse stakeholders, the statement said.

‘Being a service provider of choice for global telecom operators, Tech Mahindra will help reduce overheads and enhance business profitability.

‘As part of TechMNxt charter, Tech Mahindra aims to offer a cutting-edge solution built on Blockchain and smart contracts that optimises spends and proactively mitigates disputes,’

Tech Mahindra Blockchain and Cybersecurity Practice Leader Rajesh Dhuddu said.

Tech Mahindra will roll out solutions for telecom operators backed by its proven capabilities in the operations support systems (OSS) and business support systems (BSS) domain.

The solutions will be integrated with telecom analytics firm Subex‘s blockchain network and the capabilities of an enterprise-grade DLT (Distributed Iedger Technology) network.

‘With Subex’s strategy of enabling businesses to build trust within the digital ecosystem, we believe that Blockchain-based technologies will play an important piece to that puzzle.

‘Towards this, we have made significant strides towards leveraging Blockchain in solving challenges across multiple use cases,’

said Rohit Maheshwari, Head – Strategy and Products at Subex.  Tech Mahindra and Subex blockchain

Tech Mahindra

Tech Mahindra, part of the Mahindra Group, is a leading global technology company headquartered in Pune, India. With over 125,000 employees across 90 countries, the company focuses on providing innovative IT and digital transformation solutions across various industries. Known for its strong presence in telecommunications, Tech Mahindra delivers services spanning software, network management, cloud computing, artificial intelligence, and machine learning. Its digital transformation expertise, combined with a focus on emerging technologies such as blockchain, 5G, and cybersecurity, has made it a trusted partner for enterprises seeking to enhance operational efficiency, customer experience, and business agility. Tech Mahindra’s core mission is to enable connected experiences, helping businesses adapt to the dynamic digital landscape.

Subex

Subex, also based in India, is a pioneer in digital trust and risk management, with a focus on telecom and enterprise customers. Established in 1992, Subex has developed a suite of solutions under its flagship platform HyperSense, an AI-powered platform designed for fraud management, revenue assurance, identity verification, and cybersecurity. Subex’s focus on digital trust is pivotal in safeguarding enterprises from financial risks and cybersecurity threats. Through advanced AI and machine learning algorithms, Subex provides insights that help organizations prevent fraud, improve decision-making, and enhance data security. With a strong emphasis on telecom and digital risk management, Subex is committed to building trust within digital ecosystems and facilitating safe digital transformation for its clients.

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