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Launch of New Subsidiary - Coms Carrier Services

28 Aug 2014 07:00

RNS Number : 1609Q
Coms PLC
28 August 2014
 



28 August 2014

 

Coms plc

("Coms", the "Company" or the "Group")

 

Launch of New Subsidiary - Coms Carrier Services Ltd

 

Coms Plc (AIM: Coms) today announces the launch of a new Group subsidiary, Coms Carrier Services Ltd ('Coms Carrier Services').

 

Coms Carrier Services will target international carriers operating telecommunications services on a global basis. The purchase and subsequent resell of these services - the trading of voice minutes - will be to Tier 1 network carriers worldwide.

 

In addition, this new subsidiary will allow other Group entities to place international calls at much cheaper rates and introduce new international based products.

Recently Coms has completed the installation of the latest Genband Session Border Controllers (SBC), providing not only large scale capacity but also the ideal environment to develop the Carrier Services proposition.This new subsidiary will be overseen by a dedicated team, managing the carrier routes, all of whom are experienced in this market.Dave Breith, CEO of Coms commented;

 

"The addition of Coms Carrier Services adds a new stream to our Group's business and enhances our capability to sell our existing products globally to Tier 1 carriers. The service also compliments Coms' existing proposition enabling the Company to leverage the technical expertise, resources and services that already exist in the Coms business."

 

ENDS

For further information, please contact:

 

Coms plc

+44 (0) 207 148 3000

David Breith (CEO)

Frank Beechinor (Chairman)

Charles Stanley (Nominated Advisor & Broker)

+44 (0)207 149 6000

Karri Vuori / Philip Davies

Blytheweigh (Financial Public Relations)

+44 (0)207 138 3204

Halimah Hussain / Alex Shilov / Paul Weigh

 

Notes to Editors

 

Coms is a leading organisation in the provision of end-to-end communication, connectivity and business services:

 

Business infrastructure

Cloud based solutions

Connectivity

Creative marketing and media solutions

Integrated and hosted telephony

IT support

Mobile

Smart buildings

 

We put stakeholders at the heart of everything we do, and by innovating and offering other robust technologies our solutions are resilient and cost effective. For more information, please visit: www.coms.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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