Israeli software startup Mobilitec Inc. is believed to have signed a whopper of a deal with Vodafone Group plc (NYSE: VOD), according to Israel’s leading business site, Globes.
The company has declined to respond to the report.
The deal is said to be worth more than $20 million over three years, and will see the software firm’s mPower platform, which manages Java service deployment, used on more than half of the 28 mobile networks that Vodafone controls around the world.
Mobilitec already has carrier deals with Singapore’s MobileOne (Asia) Pte Ltd. and Hong Kong CSL Ltd.
Such a deal with Vodafone would put it streets ahead, in terms of revenue generated, of rival elata Ltd., which recently announced a contract with Spanish operator Amena (see Elata Makes Iberian Inroads).
— Ray Le Maistre, European Editor, Unstrung