Cerillion wins three-year contract with US-based telecoms provider

Writer, Stock Market Wire
Wednesday, February 13, 2019 - 09:01

Cerillion, a customer relationship management software solutions provider, on Wednesday signed a major new contract with a US-based telecoms provider, worth an initial $6.8m and a total of $8.3m over three years.

The deal, one of Cerillion's largest wins to date, was secured after a comprehensive tender process, and followed pilot work in the final quarter of the last financial year.

Under the contract, Cerillion would supply and install its Enterprise Business Support System/Operations Support System suite, and provide support and maintenance.

Cerillion Enterprise comprised a suite of pre-integrated modules that together provide a functionally rich and comprehensive end-to-end solution for billing, charging and customer management across fixed, mobile, broadband and TV services.

At 9:01am: (LON:CER) Cerillion Plc share price was +12.5p at 161p


Related content

The case for investing in micro caps through funds

Author: 

Macroeconomic uncertainties, the return of volatility and political turmoil suggest diversification will prove a key investment watchword in 2019.

One way in which investors can...

Thu, 24/01/2019 - 00:00


Cerillion adjusted annual profits up as recurring revenue rises

Software solutions provider Cerillion said Monday annual adjusted pre-tax profits rose modestly amid a double-digit percentage growth in recurring revenues.

For the 12 months...

Mon, 26/11/2018 - 09:49


Cerillion on-track to meet expectations after 'encouraging' second-half performance

Cerillion said Monday full-year results were expected to be in line with current market expectations following an 'encouraging' second-half performance supported by new orders....

Mon, 22/10/2018 - 09:18


Cerillion sees revenue ahead of prior year

Cerillion said Monday revenue for the first half is expected to total close to £8.4m, an increase of 12% year-on-year and in line with management...

Mon, 16/04/2018 - 10:05


Broker Forecast - Shore Capital issues a broker note on Cerillion Plc

Shore Capital today initiates coverage of Cerillion Plc (LON:CER) with a corporate investment rating and price target of 156p.

Broker Forecasts data provided by ...

Mon, 16/04/2018 - 08:30