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LONDON (Alliance News) - Toople PLC said on Monday it signed a 24 month contract with a South East-based IT, cloud services and telecoms provider.
The bespoke telecom services company did not name the client, but said that the agreement is expected to be worth at least GBP360,000.
Under the deal, the new partner will move its wholesale telecoms spend to Toople.
"It's really pleasing to see the first material contract win, so soon after the review of our wholesale strategy," said Toople Chief Executive Andy Hollingworth. " The partner had been using the Merlin wholesale provisioning platform as a trial and as a result of the trial the contract was agreed."
Shares in Toople were down 2.2% on Monday at 0.86 pence each.