May 3, 2019

Tecnotree inks EUR 15.8 million deal

Tecnotree's net sales in 2018 were 41.9 million euros.
Tecnotree's net sales in 2018 were 41.9 million euros.
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Finnish telecommunications company Tecnotree has signed an agreement worth 15.8 million euros with an undisclosed client in the Middle East.

The agreement will see Tecnotree deliver its Digital BSS Suite 5 product to the telecommunications provider, aiming to enhance the client’s IT systems by adding agility and functionality. The deal is an extension of a long-term relationship between the parties, as Tecnotree has previously helped the client with a large customer relationship management project.

“We’re glad to have the possibility to continue our long-lasting partnership with a leading operator and to help them increase their growth with the our Digital BSS Suite 5 product,” commented Padma Ravichanger, CEO of Tecnotree.

The deal will be carried out as a two-year strategic project, during which Tecnotree will update the client’s IT systems to open source and cloud-based solutions.

“The agreement is another sign of our strength and ability to support large operators on their digital transformation journey with our state-of-the-art digital transformation package, which was chosen from among various competitors in the bidding process.”

Tecnotree has been clinching deals on a consistent basis over the past years from Iran, Nepal and the Middle East.

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