Cerillion has signed a major new contract worth $11.4m, with a national telecoms operator in the Caucasus region for an initial 5 year term but with scope to expand further over time.

Louis Hall, Chief Executive Officer of Cerillion plc, commented,

“After a rigorous tender process, we are delighted to have been awarded this contract. It is another demonstration that our SaaS-based, productised approach is highly attractive, both financially and operationally, when compared to traditional bespoke solutions.

“The decision over what approach to take for the enterprise software layer is a critical one. Our solution enables telcos to monetise their network infrastructure assets, increase revenue from their assets, enhance efficiencies and drive the customer experience at lower cost and more simply than other solutions.”

News in full

We interviewed CEO Louis Hall at the time of the Group’s Interim Results, who outlines the reasons behind the Group’s record results and why there is more to come