Coms plc: Contract Win

LONDON, April 29, 2013 /PRNewswire/ --

Coms (AIM: COMS) announces that it has signed a contract to sell broadband and lines to an outsourcing company with turnover of over £2.0 billion. For reasons of confidentiality, we are restricted from providing more detail on the contract or the client company.

The Company estimates the contract to be worth £15 million over the next 24 months and it has already commenced the installation of several thousand lines.

Dave Breith (Coms CEO) states: "This represents our largest contract win to date. We are delighted to have signed such an important deal, which aptly demonstrates Coms' scale capabilities across different product lines."

Notes to Editors

Coms plc is listed on the London Stock Exchange (AIM market) and is a leading player in the provision of Hosted VoIP Telephony to UK businesses with over 10-years' experience in the telecoms sector. Unlike most VoIP providers, Coms does not rely on third party providers and we own and operate a UK based Carrier Class Telephony Platform.

Coms plc
David Breith (CEO)
+44(0)

 

Grant Thornton UK LLP (Nominated Adviser)
Colin Aaronson / Jen Clarke
+44(0)

 

Simple Investments (Sole Broker)
Andy Thacker / Nick Emerson
+44(0)1483-413-500

 

Newgate Threadneedle (PR)
Graham Herring
+44(0)

SOURCE Coms Plc