FRANKFURT, Germany, Sept. 20, 2022 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a contract with a leader in communications across Europe. Exela will utilize its communication services platform to meet the growing customer demand along their digital journey. The initial total contract value (“TCV”) is $12 million over the 3-year contract and Exela has already begun delivering its solutions. This new business is part of Exela’s ITPS line of business which generated over $874 million in revenue in 2021.
“We are pleased to offer a flexible solution to enable customized solutions for our customer’s end clients in a rapidly changing business environment. We look forward to further working with our new customer across Europe as we enable their digital journey,” said Vitalie Robu, President of Exela EMEA.
