Pelatro Secures Major Contract with Middle East Telco for mViva Solutions

Pelatro PLC has been chosen by a telecommunications company in the Middle East to supply its mViva Campaign Management and Loyalty Management solutions. The initial contract is valued at approximately USD 1 million, payable over three years, marking Pelatro's entry into a new telco group with operations across multiple countries. This partnership is expected to enhance Pelatro’s revenue visibility and strengthen its position in the lucrative Middle Eastern market, as the company aims to leverage this opportunity for further expansion.

Source: Morningstar.