Pelatro PLC (LON:PTRO)

Pelatro PLC (LON:PTRO)


Share Price
76.00 p
Change
0 (0.00 %)
Market Cap
£24.72 m
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Pelatro PLC RNS Release

Contract Win


RNS Number : 2983J
Pelatro PLC
04 December 2018
 

 

Pelatro Plc

("Pelatro", the "Company" or the "Group")

 

Pelatro selected to provide Campaign Management Solution to NCell of Nepal

 

Pelatro Plc (AIM: PTRO), the global Multichannel Marketing Hub software specialist, is pleased to announce that it has been selected by NCell to supply its mViva Campaign Management Solution. NCell is one of the leading and fastest growing telecom providers in Nepal with approximately 15 million subscribers.

 

NCell is part of the Axiata Group of Malaysia. Pelatro's mViva Campaign Management Solution, which is part of its Multichannel Marketing Hub offering, is currently being used by more than a dozen telcos including four other OpCos of the Axiata Group. NCell's choice of mViva demonstrates the very high level of customer satisfaction created by Pelatro's software offering within the Axiata group.

 

Commenting on this win, Subash Menon, Managing Director & CEO of Pelatro Plc said:

 

"We are delighted to deepen our engagement with the Axiata Group by winning this license contract from NCell. This is proof that our strategy of entering a telco group by converting one OpCo as a customer and then expanding within the wider group is working well."

 

For further information contact:

Pelatro Plc

 

Subash Menon, Managing Director & CEO

c/o IFC

Nic Hellyer, Finance Director

 

 

 

finnCap Limited (Nominated Adviser and Broker)

+44 (0)20 7220 0500

Carl Holmes/Kate Bannatyne/Matthew Radley

 

 

 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

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 applications, and is well positioned in the Multichannel Marketing Hub space (MMH) - this is technology that orchestrates a customer's communications and offers to customer segments across multiple channels to include websites, social media, apps, SMS, USSD and others.

Pelatro is expanding by a mix of organic and acquisition led growth. In August 2018 the Company completed the acquisition of certain assets of Danateq Pte Ltd (Danateq). This acquisition doubles the subscriber base to 325 million and brings immediate entry into Central Europe as well as a large recurring revenue base.

For more information about Pelatro, visit www.pelatro.com

 


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 [email protected] or visit www.rns.com.
 
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