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Pelatro awarded contract by Thai mobile carrier AIS

Thu, 28th Mar 2019 15:24

(Sharecast News) - Marketing hub software provider Pelatro has been awarded a contract by Advanced Info Services (AIS) worth around £0.7m, it announced on Thursday.The AIM-traded said AIS was a member of the SingTel Group, and was the largest mobile network operator in Thailand with approximately 50 million subscribers.It said it would supply its 'mViva' contextual marketing platform to assist AIS in increasing its revenue and customer engagement, while reducing churn.It was Pelatro's first contract in Thailand, with the board saying it broadened its footprint to 16 countries, demonstrating the "global appeal" of the platform.The licence was worth approximately £0.7m, which would be recognised in the current financial period, with ongoing maintenance fees over four years.Pelatro said the SingTel Group had operations in several large markets, including Thailand, Philippines, Indonesia, India and Africa, covering an aggregate of almost a billion subscribers.Its products were currently being used by Globe, the SingTel operating company in the Philippines, and the largest telco in that country.With the addition of AIS, Pelatro now served two of the seven markets of the SingTel Group, which the board said provided further opportunity to cross sell into the wider company."In keeping with our strategy to grow within large telco groups, we are delighted to add AIS of Thailand to our list of customers," said Pelatro managing director and chief executive officer Subash Menon."Starting with Globe in Philippines, which is part of the SingTel Group, we have successfully won this contract from AIS, yet another large telco within the same group."Menon said it put Pelatro in a "strong position" to expand further within the SingTel Group in the future."This contract win also now provides visibility for approximately $6m of revenue for 2019."
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Pelatro extends contract with Middle East telecom operator

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IN BRIEF: Pelatro wins contract worth USD650,000 per year

Pelatro PLC - London-based marketing software specialist - Wins a "large" contract for campaign management solution by an unnamed Middle East telecommunications company with operations in multiple countries. In 2022, Pelatro had won a contract from one of its operations and has now expanded the relationship to three more countries. The overall contract delivers recurring revenue of about USD650,000 per year, it adds.

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26 May 2023 13:31

Pelatro earnings fall in 'disappointing' year

(Sharecast News) - Marketing software specialist Pelatro reported revenue of $5.4m in its final results on Friday, down from $7.3m in 2021.

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26 May 2023 09:04

Pelatro notes "disappointing" year as loss widens, revenue falls

(Alliance News) - Pelatro PLC on Friday said revenue in 2023 is set to be higher, following "disappointing" annual results.

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10 Jan 2023 14:44

Pelatro renegotiating mViva contract; expects 2022 revenue drop

(Alliance News) - Pelatro PLC on Tuesday said it is in the advanced stages of renegotiating a licence contract for its mViva product, while it expects 2022 revenue to drop..

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