Route Mobile Limited has received a Partial Arbitration Award regarding a dispute concerning its subsidiary, Routesms Solutions FZE. The arbitration, related to an International A2P SMS Termination and Firewall Managing Services Agreement, has adjudicated preliminary issues. The company has already written off the balance net advance pertaining to this arrangement in its consolidated financial results. Accordingly, there is no incremental financial impact. The arbitration proceedings are continuing for remaining issues.
Partial Award Details
Route Mobile Limited’s subsidiary, Routesms Solutions FZE, has been issued a Partial Arbitration Award by the Singapore International Arbitration Centre on November 18, 2025, and received by the company on November 20, 2025. The award pertains to a dispute involving Routesms Solutions FZE and Atom Myanmar Limited.
Nature of the Dispute
The arbitration is linked to disagreements under the International A2P SMS Termination and Firewall Managing Services Master Agreement. The adjudication covers initial matters related to interpreting contractual terms about committed traffic volumes and refund obligations for prepaid amounts. The remaining issues are still under arbitration.
Financial Impact
As of September 30, 2025, Route Mobile has already accounted for this arrangement in its financial statements by writing off the balance net advance. Therefore, the Partial Award does not create any new financial impact. The company will monitor the situation and release additional information as needed.
Source: BSE