Cerillion (LSE:CER) announced that it has secured the largest contract in its history, signing an agreement valued at approximately £42.5m with Omantel, Oman’s leading integrated telecoms provider. Under the five-year subscription contract, Cerillion will deploy its complete BSS/OSS software suite, covering hosting, managed services and long-term operational support.
The contract was awarded following a competitive tender process in which Cerillion was assessed against significantly larger incumbent vendors. Management said the win reflects the strength of its product-led, full-service offering, which is designed to deliver lower total cost of ownership and greater operational flexibility. The deal is expected to underpin market forecasts for the 2026 financial year and beyond, while strengthening Cerillion’s credentials as a scalable partner for Tier 1 operators pursuing wide-ranging digital transformation initiatives. In Omantel’s case, the programme supports its ambition to become a regional technology leader in line with Oman Vision 2040.
From an investment perspective, Cerillion’s underlying fundamentals remain a key positive, supported by strong revenue growth, high margins and disciplined cash generation. However, technical indicators currently point to bearish momentum, weighing on near-term sentiment. Valuation appears reasonable but not sufficiently compelling on its own to fully offset the weaker technical backdrop.
More about Cerillion
Cerillion plc is a London-headquartered provider of mission-critical billing, charging and customer relationship management software, serving primarily telecommunications operators, with additional exposure to utilities and financial services. The group has around 70 customer installations across roughly 45 countries and operates development centres in India and Bulgaria, alongside sales operations in Continental Europe, the United States, Singapore and Australia. Cerillion has been listed on AIM since 2016, following a management buyout from Logica in 1999.
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