Tecnotree Corporation Stock Exchange Release 9 June at 09:00 EEST
Tecnotree Corporation ("Tecnotree") has entered into a definitive agreement with a leading global mobile virtual network operator (MVNO) to deploy Tecnotree's digital Business Support System (BSS) platform across the United Kingdom and other European markets.
The value of the agreement is approximately USD 19.6 million over five years and covers software licenses, implementation and maintenance services (ARR) covering the UK and other European countries. Tecnotree expects to recognise the first revenue from the project in the second half of 2025.
The company has recently secured several new contracts. Their potential impact on guidance will be assessed as delivery plans are finalized. The company will evaluate and, if necessary, update its market guidance accordingly.