Pelatro Plc (PTRO.L) Share Price & News

The Company provides specialised, enterprise class software solutions for customer engagement, principally to telcos, who face a series of challenges including market maturity, saturation and customer churn. Pelatro's multi-channel contextual campaign management software enables relevant and personalised interactions with telco subscribers in real time to increase the telco's revenue and reduce customer churn. The Company currently provides its software solutions to 20 telco customers in 17 countries, principally in emerging markets, with a combined user base of almost 1.0 billion. It is headquartered in the UK and has offices in the USA, Singapore, Russia, Philippines, Malaysia, Brazil and India employing approximately 180 people. As recently announced, the Directors believe that the Company is now at an inflection point for its growth prospects, with a significant opportunity to invest in the fast-growing mobile advertising space, an area complementary to the Group's existing activities.