Cerillion (LSE:CER) has secured two significant follow-on agreements worth a combined £17.3 million with an existing European client, adding to a prior £8 million deal. The contracts—among the largest in the company’s history—cover the integration of the customer’s newly acquired Tier-1 subscriber base into Cerillion’s BSS/OSS platform. They include software licenses, maintenance, managed services, and participation in the Evergreen programme. The wins reinforce Cerillion’s product-led strategy, designed to help clients cut costs and boost efficiency, while strengthening its competitive position in Europe.
The company continues to deliver strong financial results, highlighted by consistent growth and profitability. However, technical indicators point to bearish momentum, and the stock’s elevated valuation suggests limited upside in the near term.
About Cerillion
Cerillion is a global provider of mission-critical software solutions for billing, charging, and customer relationship management (CRM), primarily serving telecom operators as well as clients in utilities and financial services. With a track record spanning more than 25 years, the company supports around 75 customer sites across 45 countries. Headquartered in London, Cerillion also operates in India and Bulgaria, with sales teams active in the U.S., Singapore, and Australia.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Leave a Reply