[Q] HTC M7 801e software update issue topic

I just got a HTC m7 801e 16gb version which seems to be for the middle east (dubai especially ) . The phone during set up somewhere states that it is a "test device " and that htc Tell is installed and turned on which helps htc collect information and reports about the phone and can't be turned off. My major grudge is that there is no option for a software update (even under the settings -About submenu) on the phone. The phone comes with:
android 4.1.2 ,
htc sense 5.0
kernel version is 3.4.10-g06cea70root@abm009#1
1.29.1402.25.CL190183 release-keys (build number)
5.12 (HTC SDK API level)

The camera has the horrible purple tint in low light which i just cant seem to get rid of.
Please guys , i need to know if it is possible to run a software update to lollipop or even kit kat on this phone and how i can activate or check for software/firmware update on it since it ( software update ) is not in any options currently on the phone.
Or is it possible to totally root this phone and install a stable custom ROM on it?
Or am i just jinxed because i got a device for "testing purposes" even though it came in a retail box et al ?