Today’s three contract wins are part of the expected pipeline and do not alter our forecasts; however, they do highlight the opportunity from the summer acquisition of Comsof. The Comsof contracts with two top-10 US-based fibre network operators demonstrate the current need for automated design and planning as fibre rollouts continue globally, but especially in the US. Securing the first one, worth $2.8m over 3 years, triggers a €1.5m tranche of the €3m earn-out consideration which we continue t ....
06 Oct 2022
IQGeo Group - Contract wins highlight opportunity from Comsof
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IQGeo Group - Contract wins highlight opportunity from Comsof
IQGeo Group PLC (IQG:LON) | 382 22.9 1.6% | Mkt Cap: 235.7m
- Published:
06 Oct 2022 -
Author:
Michael Hill | Cavendish Research -
Pages:
4
Today’s three contract wins are part of the expected pipeline and do not alter our forecasts; however, they do highlight the opportunity from the summer acquisition of Comsof. The Comsof contracts with two top-10 US-based fibre network operators demonstrate the current need for automated design and planning as fibre rollouts continue globally, but especially in the US. Securing the first one, worth $2.8m over 3 years, triggers a €1.5m tranche of the €3m earn-out consideration which we continue t ....