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REG - Pelatro PLC - Contract Win

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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)  +44 (0)20 7397 8900
 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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