23 Oct 2013 07:00
Embargoed for release RNS Reach at 7.00am 23 October 2013
Quindell Portfolio Plc
("Quindell" or the "Group")
Contract Win
Quindell Portfolio plc (AIM: QPP.L), a provider of sector leading expertise in software, consulting and technology enabled outsourcing in its key markets being insurance, telecommunications and other related sectors, is pleased to announce a new contract with Arqiva, a leading communications infrastructure and media services company, operating at the heart of the UK broadcast, satellite and mobile communications markets.
Arqiva works with many of the world's best known organisations in both the private and public sectors, for example the BBC, where they currently manage their broadcasting infrastructure.
The new contract, which commences immediately, will see Quindell provide products and services from the Group's portfolio of telecoms solutions, leveraging its Champion and Challenger approach to business transformation including implementation of its market leading OS3 Frameworks Service Management platform and Q-Journey services.
OS3 Frameworksis an industry-leading suite of service management solutions and is supported by Quindell's Q-Journey methodology for implementing OSS technologies and adoption of industry Best Practices such as ITIL/ISO20000 and TM Forum/eTOM. The Quindell telecoms portfolio also consists of a range of technology enabled outsourcing services, managed services and cloud offerings.
Quindell's solutions enable Arqiva to model communications services and associated infrastructure in the Group's OS3 Frameworks' TM Forum conformant product, helping them to undertake effective impact analysis and problem diagnosis and driving data driven processes. The solution will provide Arqiva with a best of breed service management platform that conforms to industry best practices and standards.
Greg East, Continuous Service Improvement Expert at Arqiva said: "Quindell's market leading service management platform will give us greater flexibility as well as improved service levels that we are able to provide to our customers whilst greatly increasing operational efficiencies."
Phil Brooks, Chief Executive of Quindell Solutions said: "This contract reinforces Quindell's market leading approaches and solution offerings to enhance service management capabilities across a range of industries."
For further information:
Quindell Portfolio PlcRob Terry, Founder and Executive Chairman
Laurence Moorse, Group Finance Director
Ian Farrelly, Group General Counsel & Company Secretary Head of Investor Relations | Tel: 01489 864201 terryr@quindell.com Tel: 01489 864205 moorsel@quindell.com Tel: 01489 864217 farrellyi@quindell.com |
Cenkos Securities plcJoint Broker and Nominated AdvisorStephen Keys
Canaccord Genuity Limited Joint Broker and Financial Advisor Simon Bridges Bruce Garrow |
Tel: 020 7397 8900
Tel: 020 7523 8350
|
Media EnquiriesRedleaf Polhill Limited Rebecca Sanders-Hewett Jenny Bahr |
Tel: 020 7382 4730 quindell@redleafpr.com |
Notes to Editors: About Quindell Portfolio Plc
Quindell Portfolio Plc is a provider of sector leading expertise in Software, Consulting and Technology Enabled Outsourcing in its key markets being Insurance, Telecommunications and their Related Sectors. Quindell entered the second half of 2013 with a run rate of gross sales of more than £350 million and with approaching £50 million of EBITDA earned in the first half of 2013. Our award winning Business Transformational, Software, Consulting and Outsourcing Solutions are recognised as delivering significant savings and additional sales to our customers every year.
For further information, please visit www.quindell.com