IQGeo announced a significant new win in a competitive tender with a Tier 1 national utility and broadband operator in Southern Europe with a total contract value over six years of more than ?8.6 million, comprising of software licences of approximately ?4.2 million (being a perpetual licence of ?0.7 million and ACV of ?0.59 million per year over the six years of the contract) and the remainder as services. This contract was won in a highly competitive bid process which established this new customer, a well-funded operator with ambitions to deliver full fibre broadband to more than 3 million customers in six years. IQGeo was selected for its ability to provide a single end-to-end software solution for the entire network lifecycle from planning and design, through construction, and long-term maintenance.