RE: Rns - Building on Solid foundation8 Dec 2020 11:48
Theres no £50 million government contract..
Toople is nothing but a reseller, theres nothing different about them than the next reseller down the road.
The Govt is investing in infrastructure, which Toople simple are not involved in.
the RNS is terrible because its making it appear like theyve won huge amountsof business.
Lets break the new contract down
5 sites of superfast FTTC plus 4G assured.
On their own website
Superfast Fibre Essential + Digital Phone Line + Unlimited 5G SIM is £42.95,
so thats £214.75
Lets add in 5 phones per site.
BT Cloud voice £12.75
£318.75
Some mobiles Lets say £250
thats £783.50.....
But thats not MRR or Revenue, because they are reselling for BT who will bill it themselves. So theyre on a %, Lets say thats 20% which would give a commission of £5641.20 over a 3 year deal...
Does it now look like a worthwhile RNS?
They should be winning these deals every day... not announcing one in an RNS like its a miracle deal.