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The Markets
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Proactive UK has moved.
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
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Software & services

IQGeo inks US$4.5mln deal with major US telecoms operator

"This new deployment is an excellent example of IQGeo's unique ability to create a fully integrated solution for our customers using our powerful geospatial software,” said IQGeo chief executive Richard Petti

IQGeo Group PLC announced a contract worth US$4.5mln for its telecoms software with a major US telecoms network operator.

The US company, which serves over six million homes in 20 states, has signed a five-year subscription to use IQGeo's software, with strong potential for future expansion, IQGeo said in a statement.

Orders for associated services are expected in 2022, it added.

The integrated, end-to-end solution from IQGeo will support processes from planning through construction, providing a single geospatial platform. It will cut IT costs and improve efficiency, the company said.

READ: IQGeo awarded US$2mln contract with US power utility

"This new deployment is an excellent example of IQGeo's unique ability to create a fully integrated solution for our customers using our powerful geospatial software,” said IQGeo chief executive Richard Petti.

“The broadband industry is extremely competitive, and our software is giving innovative operators a real competitive edge by helping them create agile and efficient operational processes across their network lifecycle.

“I am pleased to see that we share a common ‘digital transformation’ vision with this new customer and look forward to supporting their team as they upgrade their network and deliver broadband technology to millions of new customers."

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