The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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 Shares Rise As Redstone Wins In-Building Cellular System Deal

Tue, 23rd Feb 2016 08:28

LONDON (Alliance News) - 'Smart building' services company Coms PLC on Tuesday said its Redstone division has won a contract to design and install an in-building cellular system in London.

The system will allow people to use their mobile phones and mobile-connected devices where signal would otherwise be a problem.

The project is worth around GBP750,000 and will cover the UK headquarters of an existing, unnamed Redstone client.

"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," said Mark Braund, Coms' chief executive.

Shares in Coms were up 11% on the news to 1.84 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

More News
15 Dec 2015 09:15

DIRECTOR DEALINGS: Coms CEO Mark Braund Buys 1 Million Shares

Read more
21 Oct 2015 09:43

Coms Says "Much Better Placed" After Restructuring As Profit Falls

Read more
4 Sep 2015 08:24

Coms Says Redstone Profit To More Than Cover Losses At Darkside

Read more
2 Sep 2015 16:24

DIRECTOR DEALINGS SUMMARY: Halfords Chairman Buys As Bike Sales Wobble

Read more
2 Sep 2015 09:41

DIRECTOR DEALINGS: Coms Incoming CEO Spends GBP2,250 To Add To Stake

Read more
31 Jul 2015 07:43

Coms Swings To Loss On Telephony Impairment Charge

Read more
14 Jul 2015 09:34

Coms plc's shares surge on appointment of new CEO and CFO

(ShareCast News) - Coms PLC's shares surged on Tuesday morning, as it appointed a new chief executive and chief financial officer. Mark Braund will adopt the role of chief executive of the communications services provider, moving from the same position at recruitment firm InterQuest. Braund has serv

Read more
14 Jul 2015 08:01

InterQuest Chief Executive Joins Coms, First Half Trading Good

Read more
14 Jul 2015 07:19

Coms Shares Higher As It Fills Chief Executive, Finance Chief Roles

Read more
18 Jun 2015 10:28

Coms Raises GBP1.1 Million In Oversubscribed Open Offer (ALLISS)

Read more
29 May 2015 10:08

Coms Raises GBP1 Million In Placing, Launches Open Offer (ALLISS)

Read more
26 May 2015 11:21

LONDON MIDDAY BRIEFING: Ryanair, Aer Lingus And IAG Dance Steps Up

Read more
26 May 2015 10:48

WINNERS & LOSERS: Inditherm Shares Soar On Reverse Takeover Proposal

Read more
26 May 2015 09:56

Coms jumps on sale of telecoms divison

Communications services developer Coms has reached an agreement to sell its telecoms division to Timico for up to $3.5m. In a statement released on Tuesday, Coms said that Timico will initially pay £2.5m, with an additional £1m payable depending on the performance of the business, adding it will use

Read more
26 May 2015 07:26

LONDON MORNING BRIEFING: Ryanair, Royal Mail Stand Out From Flat Open

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.