Business
£1.3m contract win with major UK telco
Shearwater Group PLC announced that its subsidiary Brookcourt Solutions has secured a new contract worth approximately £1.3 million with a major UK telecommunications provider for the supply and installation of an advanced network monitoring solution. This deployment is expected to commence shortly and the full contract value will be recognised in the financial year 2026, positively impacting the Group's performance. The contract underscores Brookcourt's technical capabilities in supporting large, complex network environments and will provide the telco with enhanced visibility and proactive monitoring of its network infrastructure. Disclaimer*
About this update from Shearwater Group Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (as amended), which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018. Upon publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n12 March 2026\n \nShearwater Group PLC\n(\"Shearwater\", the \"Company\" or the \"Group\")\n \n£1.3m contract win with major UK telco\nBrookcourt to deliver important monitoring deployment\n \nShearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group,\nis pleased to announce that its Group company Brookcourt Solutions (\"Brookcourt\") has secured a contract valued at approximately £1.3 million with a major UK telecommunications provider.\n \nUnder the terms of the agreement, Brookcourt will supply and install an advanced network monitoring solution to provide enhanced visibility across the customer's network infrastructure. The solution will enable the telecommunications provider to proactively monitor network performance and identify potential issues before they impact services. The deployment will support the customer in maintaining the performance and resilience of its multi-award-winning network, providing improved operational insight and proactive monitoring capabilities.\n \nDelivery of the solution is expected to commence shortly. As a result the full contract value will be recognised in FY26, further supporting the Group's FY26 performance.\n \nPhil Higgins, CEO of Shearwater Group plc, commented: \"We are delighted that Brookcourt has been selected by a leading UK telecommunications provider to deliver this important monitoring deployment. As networks continue to increase in scale and complexity, organisations require greater visibility and proactive insight into performance. This contract highlights Brookcourt's strong technical capability and its continued success in supporting large, complex network environments.\"\n \n \n \nEnquiries\n \n\n\n\n\nShearwater Group plc\nPhil Higgins, CEO\nJonathan Hall, CFO\n \n\n\nwww.shearwatergroup.com\nc/o Alma\n\n\n\n\nCavendish Capital Markets Limited - NOMAD and Broker\nAdrian Hadden / Ben Jeynes - Corporate Finance\nDale Bellis...