IQGeo bags another 'major contract' as telco switches from GE
The contract has a total value of US1.9 million over three years
Company
LON:IQG
Telecommunications and utility operators are “Building better networks” with IQGeo’s award-winning software solutions. The ability to powerfully model any network requirement, integrate every system and data source, and support field and office teams with continual innovation is helping operators create the networks of the future. Our solutions ensure greater cross-team collaboration and process efficiency throughout the network lifecycle, from planning and design to construction, operations, and sales. Whether it’s highly competitive fiber and 5G broadband rollouts or complex utility grid modernization projects, customers trust IQGeo’s enterprise solutions, OSPInsight fiber management, and Comsof automated design software. We partner with large multinationals and smaller regional operators to deliver the digital innovation they need to increase network resilience, operational safety, and business ROI.
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The contract has a total value of US1.9 million over three years
As a software provider to Big Broadband, AIM-listed IQGeo has an enviable addressable market
IQGeo lifted half-year revenue expectations on Monday, prompting a positive response from analysts
IQGeo also received Carbon Neutral status for the second consecutive year
IQGeo also announced a win in a “competitive tender” in the Netherlands, building the group's presence in Europe
IQGeo also agreed on terms with a Dutch energy company for its geospatial software, providing office and field access to its gas and electric network information
The group forecast continued organic growth and said last month's Comsof acquisition will accelerate sales in countries that are rolling out nationwide fibre optic networks
The company is buying Belgian group COMSOF in a cash and paper deal
The provider of geospatial software expects to report its first profit at EBITDA level in the six months to June