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IQGeo Group PLC - Cambridge-based geospatial productivity and collaboration software company focused on the telecoms and utility industries - Wins a three-year contract worth $3.6 million. The contract is for the company's fibre planning, design and field survey software. The customer is ‘one of the largest’ US telecom network operators, IQGeo says.
Chief Executive Richard Petti says: ‘This initial production deployment provides significant room for growth in the future and is an excellent example of how our strong technology and talented team are securing long-term contracts with Tier 1 operators around the world.’
Current stock price: 139.80 pence, up 1.7% in London on Monday
12-month change: up 11%
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