eServGlobal announces new European contract

Company News

eServGlobal Limited (ASX:ESV) has won a significant contract to supply its PayMobile software.
 
The company will provide electronic recharge, voucher management and Interactive Voice Response solutions for a mobile network operator.
 
The news follows an announcement in early April that a large deal was in the pipeline.  
 
The contract is valued at $EU6 million over 5 years, with approximately $EU2.5 million expected to be recognised within the current financial year.
 
eServGlobal reported a net loss of $32.37 million at October 31st 2015

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