Hansen Technologies Limited (ASX: HSN), announced that it has signed a managed services agreement with Tesco Mobile, the UK's fastest growing mobile operator. The agreement is for the provision of a fully integrated and managed service, using Hansen's expertise in facilities management and the proprietary HUB billing software as the foundation system. The agreement is for an initial term of 5 years, and represents revenue of approximately $7 million.
"This agreement augments Hansen and Tesco Mobile's existing relationship." said Andrew Hansen, Managing Director of Hansen.