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Cerillion ( (GB:CER) ) just unveiled an announcement.
Cerillion has secured a significant $11.4 million contract with a national telecom operator in the Caucasus region for its billing and CRM software solutions, which are set to support over one million customers across various services. This contract emphasizes Cerillion’s competitive advantage with its SaaS-based, configurable platform, offering a cost-effective and updated solution compared to traditional bespoke systems, which are often costly and time-consuming.
More about Cerillion
Cerillion is a company with a 25-year track record in providing mission-critical software for billing, charging, and customer relationship management, primarily for the telecommunications sector. It has around 80 customer installations across 45 countries and also serves utilities and financial services markets. Headquartered in London, it operates additionally in India and Bulgaria, with sales presence in the USA, Singapore, and Australia.
YTD Price Performance: -9.19%
Average Trading Volume: 42,988
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £466.3M
Find detailed analytics on CER stock on TipRanks’ Stock Analysis page.
