- Bigtincan Holdings (BTH) signs a $6.3 million contract extension with a US-based customer, T-Mobile
- The new contract is for a further two years, increasing the total contract value to $18.4 million since its initial contract
- In 2017, Bigtincan won a competitive tender to implement the Bigtincan Content Hub across 5500 retail stores on up to 23,000 mobile devices
- It has now been extended to include the use of Bigtincan Learning Hub across customer-facing sales users
- Bigtincan is up 4.89 per cent and is trading at $1.18 per share at 1:30 pm AEST
Software company Bigtincan Holdings (BTH) has signed a $6.3 million contract extension with a US-based customer, T-Mobile.
The new contract is for a further two years, increasing the total contract value to $18.4 million since its initial contract.
The partnership began in 2017 when Bigtincan won a competitive tender to implement the Bigtincan Content Hub across 5500 retail stores on up to 23,000 mobile devices.
It has now been extended to include the use of Bigtincan Learning Hub across customer-facing sales users.
Bigtincan said the partnership was in line with its business model, which allows the company to achieve long term growth through contracts that are underpinned by strong unit economics.
Last month, the company signed a deal to acquire Switzerland-based tech company Vidinoti SA for around $770,000 in cash and shares.
The Swiss acquisition specialises in augmented and virtual reality systems and is pegged to advance Bigtincan’s leadership in the sector.
Bigtincan was up 4.89 per cent and was trading at $1.18 per share at 1:30 pm AEST.