Pelatro wins contract with African telecommunications firm

By Iain Gilbert

Date: Tuesday 31 May 2022

(Sharecast News) - Software firm Pelatro revealed on Tuesday that it had been selected by an unnamed African telecommunications outfit to provide its mViva campaign management solution.

Pelatro said the initial value of the license contract was roughly $300,000.

Chief executive Subash Menon said: "This win has helped us penetrate the growing African market further. This is our first new customer in 2022 and we are confident of adding several more in the year."

As of 0855 BST, Pelatro shares were up 5.32% at 28.70p.



Reporting by Iain Gilbert at Sharecast.com

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