ikeGPS Group bags contract to support fibre infrastructure development

ikeGPS Group Limited (IKE), a New Zealand-based provider of pole measurement services, solutions, and tools, has bagged a material customer contract with an undisclosed communications company.

The contract, which is an extension to a previously signed agreement, will support the fibre infrastructure development of the communications company in an east coast region of the US.

See also  John C. Breckenridge Insurance acquired by Arthur J. Gallagher & Co.

ikeGPS Group said that the follow-on contract will generate nearly NZD 0.63m of transaction revenue.

This customer will use the platform of ikeGPS Group for assessing close to 10,000 assets before deploying fibre infrastructure.

Glenn Milnes — ikeGPS Group CEO said: “The expansion of this customer further demonstrates the value that the IKE platform provides to communications groups, and our ability to expand the use of our platform over time across targeted infrastructure operators.”

See also  Larsen & Toubro to acquire B2B SaaS company Help Lightning for $2.5m