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SDS wins new order of SEK 2 million from existing customer in Zambia
Seamless Distribution Systems AB (publ) ("SDS") has received a new order from an existing telecom customer in Zambia. The order has a value of just over SEK 2 million.
The order includes an upgrade to ERS 5, SDS's latest platform generation for sales and distribution of digital products, and includes professional services for implementation, testing, commissioning and project management. Revenues from the product implementation will be recognized as the delivery is carried out. This is the sixth upgrade order for ERS 5 that the company has won this year
The upgrade is strategically important as it is a prerequisite for the operator to be able to take the step to the company's new solution, the Intelligent Platform. With the Intelligent Platform, telecom operators are taking the step from traditional transaction platforms to AI-driven solutions for commercial intelligence, which transforms real-time data into decision support for more efficient and accurate commercial management.
"This agreement reinforces the strong demand we see for platform upgrades from our existing customer base and as operators continue to invest in modernization, it gives us great opportunities to deliver additional value over time. This specific upgrade is also a crucial prerequisite for our customers to be able to implement and benefit from our AI-powered intelligent platform going forward. This order confirms and strengthens our goal to deliver a substantial profit improvement in 2026," comments Martin Schedin, CEO.
After a comprehensive improvement in efficiency, SDS covers its total operating costs with recurring revenue from customer support. This means that all new product agreements during the year will have a direct positive effect on the company's profit and cash flow.
For more information, please contact:
Jens Ålander
CFO
+46 73 095 8269
About SDS
SDS is a Swedish international software company specializing in mobile payment services for mobile operators, distributors, retailers, and consumers. SDS ensures that telecom operators can sell voice time, data, and ancillary services, while SDS products and services handle up to 90% of telecom operators' sales. Today, SDS has implemented solutions in Fintech, advanced analytics, and retail value management, and these products have evolved into so-called SaaS solutions for the telecom operator.
SDS has approximately 185 employees in Sweden, South Africa, Algeria, Ghana, Nigeria, the United Arab Emirates, Pakistan and India. SDS handles more than 15 billion transactions worth over $14 billion annually. Through over 3 million active digital product retailers per month, more than 1,100 million consumers are served indirectly globally.
SDS's share is listed on NGM Growth Market.