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Bid:
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Ask:
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Spread: 15.00 (17.647%)
Market Cap: £13.28m
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Contract Win

22 Feb 2006 07:01

Maintel Holdings PLC22 February 2006 Maintel Holdings Plc ("Maintel") CONTRACT WIN Maintel, the telecommunications and data services company today announces theaward of a contract valued at approximately £2.8m. Maintel has been contracted following an OGC (Office of Governmental Commerce)tender process by the London Probation Board to supply, install and maintain anetwork of Nortel IP voice and data systems across 70 sites throughout GreaterLondon. The contract is to replace existing technologies through 2006 andmaintain all equipment under a 5 year contract. Additionally Maintel will besupplying voice and network services to the London Probation Board throughoutthe term of the contract. For 2006, Maintel expect to receive £1.45m of revenue for the supply andinstallation phase with ongoing annual income estimated at £330k. Commenting, Tim Mason, Chief Executive said "We are delighted to continue ourlong relationship with the London Probation Board with this significant order torefresh their technology. This contract confirms Maintel's positions as a leading provider and maintainerof Voice and Data networks in the UK and reinforces management's expectationsfor the current year." For further information please contact: Tim Mason, Chief Executive 020 7401 4601Dale Todd, Financial Director 020 7401 0562 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
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1st Nov 20227:00 amRNSBoard Update
29th Sep 20227:00 amRNSInterim Results
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11th Dec 20204:19 pmRNSBoard Changes
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10th Aug 20207:00 amRNSDirector/PDMR Shareholding
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