Cerillion wins new contract

Cerillion, the billing, charging and customer relationship management software solutions provider, has won a major new contract with an initial value of €2.4m with a wholesale telecoms operator in Europe.

Cerillion said the contract - which was secured after a competitive tender process - was for the supply of the company's enterprise CRM and billing solution and the on-going provision of a managed service to operate it.

Cerillion said it expected the contract implementation to be completed over the next 9 to 12 months.

It said the new contract would help to underpin existing market expectations for the financial year. Cerillion said that following this contract win, it had achieved new sales in the current financial year with a value of £13.2m, all with varying implementation periods.