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Tecnotree wins new account in Mauritius

TEM1VAnalyst Comment01.08.2023, 08.40
Roni PeuranheimoAnalyst
Discuss

Translation: Original comment published in Finnish on 8/1/2023 at 6:43 am EEST.

On Monday, Tecnotree announced that Emtel Mauritius has selected the company to implement the transformation of its BSS systems. The order consists of the delivery of the Tecnotree BSS Suite of solutions that will enable Emtel Mauritius to pursue the digital transformation of its business model. The size of the delivery was not mentioned in the release, but we estimate it to be relatively small for Tecnotree, given the customer's domestic market.

The exact structure of the order was not disclosed, but typically in similar orders about half of the order consists of a license (payable immediately) and delivery (payable typically within 12 months). The remainder usually consists of maintenance and management services to be paid over 2-3 years. The order now received does not cause estimate revisions but contributes to the growth outlook we project for Tecnotree in the coming years.

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.

Read more on company page

Forum discussions

I read through the announcement and strongly suspect that instead of a takeover bid, the company has received a Nigerian prince scam (advance...
2 hours ago
by Mustakasi
10
This was trading at a price of 1 - 1.5 euros in 2021 before the 1:20 reverse split. That means a price of 20 - 30 euros. The current price of...
2 hours ago
by Lauri67
6
Kyösti became a brand ambassador, saying “I changed my mind, it’s worth selling at the given €5.7 offer now.” This interview/news item can probably...
2 hours ago
by Lexus
6
After all this trudging, I would consider any offer over 10 euros a lottery win that I would gladly jump at. Of course, that wouldn’t cover ...
5 hours ago
12
This magic threshold is starting to approach for me, and I have to say, I’m now unsure what to do with these shares. Part of me says it would...
5 hours ago
by Gunman
0
I also understood that Kakkonen had accepted the offer.. But he now says this: “I have said all along that the offer price is far too cheap....
6 hours ago
by Gunman
14
Tärkeimmät talousuutiset | Kauppalehti – 14 Jul 26 Suursijoittaja Kyösti Kakkonen: Tecnotreen osakkeen hinta voi nousta... Helsingin pörssiin...
6 hours ago
by Montau
22