Major Contract Win

RNS Number : 4292R
Cerillion PLC
06 July 2022


 Cerillion plc

("Cerillion" or the "Company")


Major Contract Win Worth £15m


Cerillion, the billing, charging and customer relationship management software solutions provider, is pleased to announce that it has agreed terms for a 10-year contract, worth approximately £15m, with a new telecommunications customer. This contract continues the trend evident over the last two years of winning larger, Software-as-a-Service-based contracts, and follows a major agreement signed in March 2021 with a large South American telecommunications provider. The new customer is a full-service network operator and service provider, offering a full range of mobile, fixed and broadband services, and is the largest full-service provider in its territory. The new contract helps to underpin existing market forecasts for the current financial year and beyond.


Under the terms of the contract, Cerillion's flagship BSS/OSS* suite will replace existing product management, customer relationship management ("CRM"), charging, billing, service orchestration and network inventory systems in a significant digital transformation project. Cerillion will supply and implement the solution, providing it within a private Cloud deployment. The Company will also provide managed services as well as maintenance and support following implementation.


The contract was secured after a rigorous tender process, and implementation starts immediately. 


Louis Hall, Chief Executive Officer of Cerillion plc, said:


"We are delighted to have signed this major new contract, which continues the Company's trend of winning larger, SaaS-based contracts. We see this win as further proof of increasing market recognition of the quality of our pre-integrated solution and the clear commercial advantages it offers.


"Customers are looking for solutions that support greater efficiencies, increased automation and swift and easy new product and service launches. Our offering is an out-of-the-box solution that delivers all these benefits quickly and cost effectively."

*Business Support System/Operations Support System

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.

Cerillion plc

Louis Hall, CEO, Andrew Dickson, CFO

c/o KTZ Communications

T: 020 3178 6378


Liberum (Nomad and Broker)

T: 020 3100 2000

Bidhi Bhoma, Cameron Duncan, William Hall


KTZ Communications

T: 020 3178 6378

Katie Tzouliadis, Dan Mahoney


About Cerillion


Cerillion is a leading provider of mission critical software for billing, charging and customer relationship management ("CRM"), mainly serving the telecommunications market but also other sectors such as utilities and financial services. The Company currently has over 80 customer installations across over 44 countries. Headquartered in London, Cerillion also has operations in Pune, India, Sofia, Bulgaria and Sydney, Australia.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.


Cerillion (CER)
UK 100

Latest directors dealings