Cerillion announced it has signed a major new contract, worth an initial ?12.4 million, with a Tier-1 telecommunications provider, based in Europe. The new customer contract was secured after a rigorous selection process, and work has commenced to replace the existing, separate legacy platforms with Cerillion's single, integrated solution. Cerillion will be supplying and implementing the core elements of its solution, including billing, charging, fulfilment and product catalogue, on a SaaS basis, for an initial 5-year term.

Over time, Cerillion believes that this new relationship has the potential to develop further.