REMINDER: Our focusIR Investor Webinar takes place TONIGHT with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCOMS.L Share News (COMS)

  • There is currently no data for COMS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Coms' Redstone wins in-building cellular system contract

Tue, 23rd Feb 2016 15:19

(ShareCast News) - AIM-listed Coms, a provider of infrastructure and smart building solutions, said its core division Redstone has won a "strategically-significant" contract to design and install an in-building cellular system serving nearly 1m square feet of office space in the city of London.The project - for UK headquarters of one of Redstone's existing clients - is worth around £750,000 and will see the business design and install technology from wireless technology provider CommScope.Coms said the deal represents the first sale of CommScope's ION-E technology in the UK.ION-E provides a number of advantages over other systems including its ability to make use of existing infrastructure and digital technology within a building, thereby reducing costs and simplifying installation.Chief executive officer Mark Braund said: "By investing in skills and talent in late-2015, Redstone has quickly become first to market in the enterprise-scale smart building space with these solutions."We expect this market to grow rapidly in importance, providing Redstone with increased demand and helping us further extend our leadership position in providing smart building solutions."In-building cellular systems allow users to use their mobile phones and mobile-connected devices where signal would otherwise be an issue.At 1525 GMT, Coms shares were up 7.9% to 1.78p.
More News
26 May 2016 08:20

Coms Wins Contract To Make South Coast Shopping Centre Smart

Read more
24 May 2016 07:06

Coms Fails To Escape The Red Despite Material Rise In Revenue

Read more
16 Mar 2016 10:14

Coms Strikes Deal For Smart Building Software Firm Connect IB (ALLISS)

Read more
15 Mar 2016 12:09

Coms Confident As It Says Earnings, Revenue Up In Full Year

Read more
23 Feb 2016 10:38

WINNERS & LOSERS SUMMARY: Big Payouts Lift IHG, Persimmon, Provident

Read more
23 Feb 2016 08:28

Coms Shares Rise As Redstone Wins In-Building Cellular System Deal

Read more
15 Feb 2016 10:43

WINNERS & LOSERS SUMMARY: Reckitt Benckiser Results Please Investors

Read more
15 Feb 2016 10:05

Coms enjoys significant trading improvement at Redstone

(ShareCast News) - Full year earnings at Coms Plc have beaten management targets thanks to strong sales and profit performance from IT services provider Redstone. Coms said that having been fully focused on Redstone's IT offering after offloading its lossmaking telecoms business last May, earnings f

Read more
15 Feb 2016 08:17

Coms Set To Outpace Expectations Thanks To Strong Redstone Trading

Read more
29 Jan 2016 16:36

DIRECTOR DEALINGS: Coms CEO And CFO Increase Shareholdings

Read more
27 Jan 2016 10:39

Coms Closes Remaining Telecom Assets, Sells Media Unit To Management

Read more
4 Jan 2016 15:44

DIRECTOR DEALINGS: Chief Executive Braund Lifts Stake In Coms

Read more
21 Dec 2015 15:52

DIRECTOR DEALINGS: Coms CEO Mark Braund Bolsters Stake

Read more
16 Dec 2015 15:03

DIRECTOR DEALINGS: Coms CEO Braund Buys Another 1 Million Shares

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.