Pelatro PLC (AIM:PTRO, FRA:7ZB), a telecom marketing software specialist, said it won a new contract expected to contribute about U$600,000 in revenue over three years.
The AIM-traded company said its mViva platform has been chosen by a small southern European telco, which is part of a large European telecom group, for campaign management operations.
It added that the contract is largely recurring in nature.
"We are delighted to sign up this new customer in Europe,” said managing director and chief executive Subash Menon. “This should further strengthen our activities and presence in Europe, paving the way for more contracts in the region."