Exela Technologies, Inc. announced a contract with a leader in communications across Europe. Exela will utilize its communication services platform to meet the growing customer demand along their digital journey. The initial total contract value (“TCV”) is $12 million over the 3-year contract and Exela has already begun delivering its solutions.

This new business is part of Exela's ITPS line of business which generated over $874 million in revenue in 2021.