Cerillion PLC Major Channel Partner Yields First Contract (8438R)
March 11 2021 - 1:00AM
UK Regulatory
TIDMCER
RNS Number : 8438R
Cerillion PLC
11 March 2021
AIM: CER
Cerillion plc
("Cerillion" or "the Company")
Major Channel Partner Relationship
Yields First Contract
Cerillion, the billing, charging and customer relationship
management software solutions provider, is pleased to announce that
a major Channel Partner relationship has yielded its first
contract, worth GBP5.0m, with a publicly owned network operator in
the Middle East.
The five year agreement is part of a broader contract for
telecoms and network products and services. Cerillion's Enterprise
BSS/OSS* Suite, the Company's pre-integrated end-to-end CRM and
billing solution, will be used to support a broad range of
fixed-wire and mobile services, including fibre and Internet of
Things, for B2B and residential customers. The Company believes
that the contract will help to underpin existing market
expectations and that there is potential for further expansion of
the contract in due course.
Implementation work has already commenced and is expected to
take 12-18 months. As this is the first such deployment through
this Channel Partner, Cerillion is remaining closely involved with
implementation.
Louis Hall, CEO of Cerillion, said:
"We are delighted to have secured our first major contract
through this key channel partner, with this prestigious win. The
selection of our solution for this complex project demonstrates the
quality of our product and support capability, and our increasing
recognition within the industry. We look forward to further
agreements through this major Channel Partner in due course."
*Business Support System/Operations Support System
For further information please contact:
Cerillion plc c/o KTZ Communications
Louis Hall, CEO T: 020 3178 6378
Oliver Gilchrist, CFO
Liberum (Nomad and Broker) T: 020 3100 2000
Bidhi Bhoma, Euan Brown, William
Hall
KTZ Communications T: 020 3178 6378
Katie Tzouliadis, Dan Mahoney
About Cerillion
www.cerillion.com
Cerillion is a leading provider of mission critical software for
billing, charging and customer relationship management ("CRM"),
mainly serving the telecommunications market but also other sectors
such as utilities and financial services. The Company currently has
over 90 customer installations across over 40 countries.
Headquartered in London, Cerillion also has operations in Pune,
India, where its Global Solutions Centre is located, Miami and
Sydney.
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