IQGeo announced that IQGeo's fibre planning and design software was selected by a top 10 US telecom and fibre operator as part of a first phase technology deployment. The initial 3-year contract for this new customer has a total value of over $2.5 million that includes recurring revenue, licenses, hosting and professional services. This new client has aggressive broadband expansion ambitions, with millions of existing customers and plans for fibre rollout to pass millions more homes and businesses in the coming years.

IQGeo's Comsof Fiber software will be used to automate their planning and design process to accelerate fibre deployments and time-to-revenue. The project will also include an initial deployment of IQGeo's Network Revenue Optimizer software to help streamline the quoting process for new fibre connections, helping to fully monetise their fibre network.