Shearwater Group has secured a five-year contract extension worth approximately £25 million with a leading UK-based global telecoms provider, through its Brookcourt Solutions subsidiary.
The deal extends and expands a long-standing relationship, covering the continued delivery of Brookcourt’s packet monitoring, forensic analysis and service assurance solutions across the telco’s network infrastructure and key strategic clients.
Around £12.5 million will be booked as FY26 revenue, reflecting the upfront delivery of software and support licences.
That gives the board enough confidence to say it expects to meet market expectations for FY26 EBITDA, with revenue likely to come in slightly ahead.
Phil Higgins, Group Chief Executive Officer of Shearwater Group, said: “We are delighted to have secured this significant five-year expansion agreement with one of the world’s leading telecommunications providers.”
“This award reflects the strength of our technology solutions, the quality of our service delivery and the trusted partnership we have developed with the customer over many years. As network traffic volumes and operational requirements continue to evolve, organisations increasingly require sophisticated packet monitoring and service assurance capabilities to maintain visibility and performance across critical infrastructure. We look forward to continuing to support our customer and its strategic clients throughout the term of this agreement. The expected contribution from this contract in the current financial year further underpins our confidence in achieving the Group’s expectations for FY26.”