IQGeo Group plc announced a major new contract with an existing customer that reflects IQGeo's success with its lifecycle software solutions designed for broadband network operators. The contract is with a top five global wholesale fibre network provider with operations in the US and Europe with a software ACV value of $400,000 per annum and a total contract value over 3 years of $1.9 million including ACV and services. The new project comprises a major strategic decision to replace its incumbent fibre system of record currently provided by GE, with IQGeo's Network Manager Telecom software, and IQGeo was again chosen for its lifecycle network management capabilities that will support the customers' rapidly growing and increasingly complex fibre networks.
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