RE: For the Record11 Jan 2019 19:13
Complete misunderstanding of how the industry works. It wont be 1.16M per annum, Its a wholesale agreement, so will grow organically over the term.
Eg, you sign for a phoneline today, thats 9.99 every month. By the end of the 3 years... they may, and I say may be generation additional recurring revenue of 100k a month.
But I ask you this, Current turnover is what 2 Million, Why would a potential partner who is going to be pushing the same volume in sales as Toople do directly select Toople to be their provider against Daisy/Gamma and the like. This wont do anywhere near the projections they suggest in the announcement. Not anytime soon anyway. It is certainly not going to me 1Million this year, it might be 200k a month by the end, but thats more than Toople do now. Ludicrous projections.