Contract Win

RNS Number : 0415T

Pelatro PLC

22 November 2021

 

22 November 2021

Pelatro Plc

("Pelatro" or the "Group")

Contract Win

Pelatro Plc (AIM: PTRO), the telecom Customer Engagement Hub software specialist, is pleased to announce that it has been selected by an African telco to provide its mViva Campaign Management Solution on a managed services basis, payable as a fixed monthly fee. The value of the multi-year contract, for the initial period, is around $1 million with provision for extension after the initial period.

Commenting on this win, Subash Menon, Managing Director and CEO said, "This win has helped us penetrate the growing African market further. This is our third new customer in 2021 and further cements our position as a leading managed services provider of campaign management and loyalty management solutions."

For further information contact:

Pelatro Plc
Subash Menon, Managing Director	c/o Cenkos
Nic Hellyer, Finance Director
Cenkos Securities plc (Nominated Adviser and Broker)	[phone]
Stephen Keys / Mark Connelly (Corporate Finance)
Michael Johnson (Sales)

Notes to editors

The Pelatro Group was founded in March 2013 by Subash Menon and Sudeesh Yezhuvath with the objective of offering 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 provides its "mViva" platform for use by customers in B2C and B2B applications and is well positioned in the Customer Engagement space. Our technology orchestrates the digital journey of the customers of the telcos through contextual, relevant and real time offers and loyalty programs across multiple channels including websites, social media, apps and others.

For more information about Pelatro, visit www.pelatro.com

 

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