Tecnotree announces follow-up agreement with Tier 1 customer
Translation: Original published in Finnish on 6/27/2025 at 7:55 am EEST.
Tecnotree announced yesterday that it had signed a continuation agreement with an existing Tier 1 telecom operator in the Middle East. The agreement covers Tecnotree's digital BSS platform, and the annually renewable agreement (ARR) is valued at approximately 2 MUSD per year. Tecnotree expects to book revenues in Q3’25. The agreement supports revenue, but in our understanding, it is a continuation agreement, and thus it does not drive growth. However, the company has recently announced large contracts, on which our comments can be read here.
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Tecnotree operates in the IT sector. The company specializes in the development of digital communication solutions. The services include, for example, business process services and subscription management for corporate customers in telecom and other digital service providers. Operations are held on a global level, with the largest presence in Asia, Africa and the Middle East.
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