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IQGeo Group says contract worth US$4.5m for telecoms software 'catapults us into the big leagues'

IQGeo Group says contract worth US$4.5m for telecoms software 'catapults us into the big leagues'

IQGeo Group PLC (AIM:IQG)'s Richard Petti and Haywood Chapman join Proactive London after announcing a contract worth US$4.5m for its telecoms software with a major US telecoms network operator.

The US company, which serves over six million homes in 20 states, has signed a five-year subscription to use IQGeo's software, with strong potential for future expansion as both explain.

Orders for associated services are expected in 2022.