Tecnotree signs maintenance and support contract with a leading operator group valued at over 14 million Euros

Tecnotree Oyj
Stock Exchange Release
26 April 2017 at 1pm

Tecnotree signs maintenance and support contract with a leading operator group valued at over 14 million Euros

Tecnotree today announced that it has signed a significant contract with an existing customer and a leading operator group with subsidiaries in over 20 countries. The contract, valued at over 14 million Euros, includes maintenance, support, new software releases and monitoring by a centralised service desk.

“The contract is a natural continuation of the long-term relationship Tecnotree has with this important customer.” said Padma Ravichander, CEO Tecnotree. “We always work hard to provide the highest quality of deliveries and support. We are delighted to continue our significant contribution to our customer’s success across the different markets where it operates and it further renews the customers long term commitment to Tecnotree “

The contract is part of ongoing engagement with this customer and will be fulfilled during 2017.  It will provide managed services & support for a range of Tecnotree Business Support System (BSS) products across a number of their subsidiaries.

Further information:
Björn Wigforss,
Global Head of Marketing and Communications,
tel +358 40 764 9439

About Tecnotree
Tecnotree is a global provider of IT solutions for the management of services, products, customers and revenue for Communications Service Providers. Tecnotree helps customers to monetise and transform their business towards a marketplace of digital services. Together with its customers, Tecnotree empowers people to self-serve, engage and take control of their own digital life.

Tecnotree is listed on Nasdaq Helsinki (TEM1V). For more information, please visit www.tecnotree.com.