Cerillion secures its largest contract win to date worth a total of $18.4m

Cerillion plc (LON:CER), the billing, charging and customer relationship management software solutions provider, has announced that it has secured its largest contract win to date, with a 10-year agreement worth a total of $18.4m, signed with a full-service network operator in Latin America. This contract, together with a smaller £2.7m extension recently secured with an existing customer in Europe, is anticipated to result in the Company exceeding current management expectations for pre-tax profit in the current financial year ending 30 September 2021.

The contract in Latin America is for the supply and implementation of Cerillion’s Enterprise BSS/OSS* Suite, the Company’s pre-integrated end-to-end CRM and billing solution, and Cerillion’s convergent solution will replace a number of legacy platforms as part of the customer’s ‘Digital First’ vision. The contract includes full support services over the 10-year term.  The new customer is the main telecoms provider in its national market, supplying fixed, pre and post-paid mobile, and broadband services to both B2B and B2C customers.

The tender process for the contract was rigorous and extensive.

Louis Hall, CEO of Cerillion, said,

“We are delighted to welcome another national network operator to the Cerillion platform, and are extremely pleased to have reached a new milestone in signing this new, long-term agreement. It is our largest new contract win to date and follows recent major new customer wins in Europe and the Middle East.”

*Business Support System/Operations Support System

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