tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cerillion Secures Record £42.5m Omantel Deal to Power Oman’s Digital Push

Story Highlights
  • Cerillion won a record £42.5m BSS/OSS contract with Omantel, its largest deal to date.
  • The multi-year agreement strengthens Cerillion’s market position and underpins forecasts as Omantel pursues major digital transformation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cerillion Secures Record £42.5m Omantel Deal to Power Oman’s Digital Push

Claim 70% Off TipRanks Premium

The latest announcement is out from Cerillion ( (GB:CER) ).

Cerillion has secured its largest-ever contract, a roughly £42.5m agreement with Omantel, Oman’s leading integrated telecoms operator, to deploy its full BSS/OSS suite, including hosting, managed services, and ongoing support over a five-year subscription term. The deal, awarded after an extensive tender that weighed Cerillion against larger incumbent vendors, will underpin market forecasts for the 2026 financial year and beyond, enhancing Cerillion’s standing as a competitive full-service provider whose productised model promises lower total cost of ownership and greater operational flexibility for Tier 1 operators pursuing large-scale digital transformation, such as Omantel’s push to become a regional technology powerhouse under Oman Vision 2040.

The most recent analyst rating on (GB:CER) stock is a Hold with a £1389.00 price target. To see the full list of analyst forecasts on Cerillion stock, see the GB:CER Stock Forecast page.

Spark’s Take on GB:CER Stock

According to Spark, TipRanks’ AI Analyst, GB:CER is a Neutral.

Cerillion’s strong financial performance is the most significant factor, reflecting robust revenue growth, high profitability, and efficient cash management. However, technical analysis indicates bearish momentum, which negatively impacts the overall score. The valuation is fair, but not compelling enough to offset the technical weaknesses.

To see Spark’s full report on GB:CER stock, click here.

More about Cerillion

Cerillion plc is a London-headquartered provider of mission-critical billing, charging and customer relationship management (CRM) software, serving primarily the telecommunications sector and, to a lesser extent, utilities and financial services. With around 70 customer installations across approximately 45 countries and operations in India and Bulgaria as well as sales presence in Continental Europe, the USA, Singapore and Australia, the company delivers BSS/OSS solutions on a global scale and has been listed on AIM since 2016 after a management buyout from Logica in 1999.

Average Trading Volume: 82,322

Technical Sentiment Signal: Sell

Current Market Cap: £361.4M

See more insights into CER stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1