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09 Sep 2019 | 08:02

Cerillion wins £3.7m contract with telecoms provider in Asia

Cerillion said it had won a 'major' new contract win worth £3.7m with a telecoms provider in Asia to supply and install the company's customer relationship management software.

Under the agreement, Cerillion would supply and install its Enterprise Business Support System/Operations Support System Suite, the company's pre-integrated end-to-end CRM and billing solution, to support mobile telecoms services.

This initial phase was expected to be delivered by the end of Nov 2019, with the 'contract then likely to be extended to enable the new solution to support fixed-wire services,' the company said. This latest win, which followed two previously announced wins both reported in June, supported the company's existing market forecasts for the current and upcoming financial year, Cerillion said.

At 8:02am: (LON:CER) Cerillion Plc share price was +8p at 168p

Story provided by StockMarketWire.com
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