LONDON (Alliance News) - Business telecommunications provider Toople PLC on Tuesday said it has entered into a deal with Henry Howard Finance PLC to boost its mobile offering and has added new services to its mobile platform.
Henry Howard will advance Toople GBP100,000 to buy mobile handsets to offer to its customers, meaning Toople will not have to use existing cash resources.
Toople added it has added O2 and Vodafone services to its mobile offering, alongside existing services from EE.
"We are very pleased to be able to accelerate our mobile offerings. The leasing arrangements and the cash facility allows us flexibility of funds without needing to worry about peaks in any orders we receive. This, in addition to obtaining two extra mobile networks, should allow Toople to offer a great combination of services to customers," said Toople Chief Executive Andy Hollingworth.
Toople shares were trading flat at 8.5 pence on Tuesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Toople Plc (TOOP)