Shearwater has announced a 3-year contract extension and expansion worth £7.3m with a leading British mobile network operator, underpinning unchanged forecasts. Of the total contract value, £3.5m will be recognised in FY26. The contract comprises delivery of third-party software licences worth £6.1m, with the remaining 16% (£1.2m) split across the contract period for Brookcourt’s Managed Services. The extension and expansion reflect the Group’s long-term relationship with the customer and contin ....
04 Dec 2025
Shearwater Group - £7.3m telco contract extension and expansion
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Shearwater Group - £7.3m telco contract extension and expansion
Shearwater Group plc (SWG:LON) | 44.5 0.9 4.7% | Mkt Cap: 10.6m
- Published:
04 Dec 2025 -
Author:
Kimberley Carstens | Edward Stacey -
Pages:
3 -
Shearwater has announced a 3-year contract extension and expansion worth £7.3m with a leading British mobile network operator, underpinning unchanged forecasts. Of the total contract value, £3.5m will be recognised in FY26. The contract comprises delivery of third-party software licences worth £6.1m, with the remaining 16% (£1.2m) split across the contract period for Brookcourt’s Managed Services. The extension and expansion reflect the Group’s long-term relationship with the customer and contin ....