LONDON (Alliance News) - Coms PLC Thursday said it has launched a new carrier services subsidiary which will target international telecoms services companies operating globally.
The new unit will buy and resell the telecoms services, known as voice minutes trading, to so-called tier-1 network carriers, Coms said in a statement. It will also mean that other Coms businesses can place international calls at much cheaper rates and introduce new international-based products.
"The addition of Coms Carrier Services adds a new stream to our group's business and enhances our capability to sell our existing products globally to Tier 1 carriers. The service also compliments Coms' existing proposition enabling the company to leverage the technical expertise, resources and services that already exist in the Coms business," Chief executive David Breith said in the statement.
Coms shares were up 1.5% at 3.729 pence Thursday morning.
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
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