COMS plc (AIM:COMS) – another cracking contract win
The end-to-end provider of telecommunications and IT services to business and industry has announced another material contract win under the re-vitalised leadership of new CEO David Breith.
The contract covers the supply up to 50,000 mobile SIM cards to a provider through the Company’s newly built Mobile Network. Under the terms of the contract the SIM cards are expected to be rolled out over a 24 month period with the first order for 10,000 cards already received and due to be delivered by early 2014. The customer (and not Coms!) estimates the contract will generate revenue to Coms of approximately £20 per user per month. In addition, Coms will supply the customer with other products and services, including VoIP telephony, lines and broadband and other data connectivity.…