, a software solutions provider, has won a major contract from a US telecoms provider. The deal is worth an initial $6.8m and a total of $8.3m over three years.
The deal, hailed as the largest win for the company, covers Cerillion’s Enterprise BSS/OSS* suite, a pre-integrated end-to-end CRM and billing solution across mobile, fixed, cable and multi-service communications, from supply and installation to support and maintenance.
Such a contract with a major US partner also supports existing market forecasts.
One telecoms expert argues that with “mobile data usage set to skyrocket over the next few years” yet simultaneously “The telecommunications industry has a range of problems that it needs solved, if it is to stay at the forefront of digital transformation.”
So, a company like Cerillion, that provides precisely those types of services, seems well positioned to reap the benefits of this telecommunications surge.
For more news and updates on Cerillion:
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
SP Angel research note on commodities and miners, featuring: Arkle Resources* PLC (ARK LN) Formerly Connemara Mining* (CON LN) – 2018 results and exploration update Cora Gold* (CORA LN) – Major shareholder raises his stake Thor Mining* (THR LN) – Bonya XRF results confirmed Tri-Star Resources* (TSTR LN) – SPMP update on antimony-gold plant
Rod Findley, Immotion Group’s Commercial Director said: “We feel we have the perfect VR product for this market - one that's already delivering solid ancillary revenue, as well as enhanced customer experiences to aquariums and zoos around the world."
Hargreaves bosses Mark Dampier and Lee Gardhouse refuse to give up bonuses, The former chief executive of Barclays has been cleared of wrongdoing after a judge ruled there was “insufficient evidence” to support the charge of conspiracy to commit fraud, Mobile operators should face scrutiny from cartel watchdogs
Five financial stories, trending today in a 60 second podcast, including: Britain will see the slowest growth in consumer spending in 2019 in six years, piling even more pressure on retailers, EY ITEM Club forecast today. It said it expects spending to rise by 1.6% over last year, although that would be faster than an estimated 1.3% growth in the broader UK economy in 2019.
On today's podcast: Audioboom cover recent news including their podcast content funding guarantee arrangement. Polarean discuss the progress they are making in their Phase III Clinical Trials. Arix Bioscience provide an insight into their portfolio, investment process and strategy.
SP Angel research note on commodities and miners, featuring: Anglo Asian* (AAZ LN) – Board presents to packed AGM on dividends, further expansion and new exploration success Bushveld Minerals* (BMN LN) – Brits Vanadium Project maiden resource at 66.8mt grading 1.58% V2O5 in magnetite Edenville Energy* (EDL LN) – 2018 annual results KEFI Minerals* (KEFI LN) – Hawiah exporation update Premier African Minerals* (PREM LN) – Loan Note funding Solgold* (SOLG LN) – Ecuador court rejects proposed referendum
Dixons Carphone (DC.) reveals big losses at mobile phone shops, Neil Woodford has been urged to hand money back to investors as soon as possible from his scandal-hit flagship fund, Britain’s biggest mobile operators face explosive claims of attempted price fixing and collusion as part of a £1bn High Court battle over the sudden collapse of Phones 4U, BCA Marketplace in £2bn takeover talks