If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSMRT.L Regulatory News (SMRT)

  • There is currently no data for SMRT

Re Agreement

10 Jul 2013 08:15

RNS Number : 9615I
Coms PLC
10 July 2013
 

10 July 2013

COMS PLC

("Coms" or the "Company")

Coms plc announces exclusive new agreement and gears up to support

HM Government backed initiative

 

Coms plc (COMS) is pleased to announce its participation in a major countrywide HM Government backed initiative as follows:

·; Coms plc has signed an exclusive Joint Venture agreement with YourForum to assist the national 'push' for Central Government and Local Authorities to provide Broadband services across the country.

 

·; In addition to broadband services a Smart Monitor software package will be provided in partnership with B.E.E.S. and made available to all users.

 

·; As from 1st August Coms Enterprise Limited (a Coms Group plc subsidiary) will focus entirely on these digital inclusion projects and 6 dedicated members of staff will be transferred to the subsidiary to assist the Company and its partners to implement this initiative.

 

The exclusive joint venture agreement with YourForum, will enable Registered Service Providers, Social Landlords and Local Authorities nationally to offer subsidised or - in some cases, free Broadband connectivity to their tenants and community groups, as facilitated by this unique Agreement, which exists to specifically provide Broadband services for the National 'push' to assist Central Government and Local Authority ambitions of 'digital inclusion' for all across the Country.The drive for national 'digital inclusion' is paramount in enabling every man woman and child the opportunity to actively get involved with the development of their Community and the ambition of creating sustainable and prosperous neighbourhoods everywhere, also - with such a high number of Social housing tenants currently unable to get accessible / affordable internet connectivity our agreement with YourForum is perfectly placed to provide an encompassing solution to assist in rectifying this current issue.In addition to the Broadband services provided by COMS, the tenants have the option to participate in an energy saving initiative, a Smart Monitor software package provided in partnership with B.E.E.S. (Energy Cycle).YourForum - HM Government Statement:"The 2012 Localism Act has created a wide range of opportunities for communities to help shape services, facilities and development at a neighbourhood level. To do this like-minded people need a way to come together to discuss issues of interest to their community, to form and operate community groups and potentially to register as recognised neighbourhood Forums.'Your Forum' is an innovative digital platform and Smartphone app created and run entirely privately by Ventura Studios with its joint Venture partner: Coms Plc & strategic partners: B.E.E.S. which gives local groups the tools to take control of their local communities.HM Government welcomes this initiative, which is an excellent example of digital entrepreneurs using government's 'open data' to develop new services for the public."Dave Breith (Coms CEO) commented: "We have been in negotiations for some time with YourForum and we are very pleased to have signed this exclusive contract. In addition I believe by re-structuring the business to have a dedicated subsidiary to support this important initiative means that we can participate fully without diverting attention from our core business of providing Cloud based solutions. "

 

Coms plc
David Breith (CEO)Iain Ross (Chairman)
+44 (0) 207 148 3000
Grant Thornton UK LLP (Nominated Adviser)
Colin Aaronson / Jen Clarke
 
+44 (0) 207 383 5100
Simple Investments (Broker)
Andy Thacker / Nick Emerson
 
+44 (0) 1483 413 500
Newgate Threadneedle (PR)
Graham Herring
 
+44 (0) 207 653 9858

Notes to Editors

 

Coms plc is listed on the London Stock Exchange (AIM market) and is a leading player in the provision of Hosted VoIP Telephony to UK businesses with over 10-years' experience in the telecoms sector. Unlike most VoIP providers, Coms does not rely on third party providers and we own and operate a UK based Carrier Class Telephony Platform.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGRRLMBTMBBMTRJ
Date   Source Headline
4th May 20201:50 pmRNSHolding(s) in Company
30th Apr 20202:27 pmRNSHolding(s) in Company
28th Apr 202011:05 amRNSSecond Price Monitoring Extn
28th Apr 202011:00 amRNSPrice Monitoring Extension
28th Apr 20207:00 amRNSSwipedOn Lockdown Activity
24th Apr 20203:36 pmRNSHolding(s) in Company
23rd Apr 20207:00 amRNSCovid-19 & Trading update
21st Apr 20205:54 pmRNSHolding(s) in Company
18th Mar 20208:22 amRNSHolding(s) in Company
9th Mar 20205:48 pmRNSHolding(s) in Company
12th Feb 20204:37 pmRNSHolding(s) in Company
11th Feb 20207:00 amRNSNext Generation Panel Launch via Evoko Partnership
31st Jan 20205:03 pmRNSHolding(s) in Company
30th Jan 20207:00 amRNSHolding(s) in Company
28th Jan 202012:10 pmRNSHolding(s) in Company
28th Jan 202011:00 amRNSHolding(s) in Company
23rd Jan 20207:00 amRNSTrading Statement
4th Nov 20192:01 pmRNSHolding(s) in Company
4th Nov 201912:14 pmRNSHolding(s) in Company
31st Oct 20197:00 amRNSInterim Results
31st Oct 20197:00 amRNSAcquisition and Placing
14th Oct 20197:00 amRNSAppointment of Joint Broker
29th Jul 201910:17 amRNSPresenting at Annual Growth Conference
26th Jul 20191:30 pmRNSResult of AGM
23rd Jul 20197:00 amRNSStrong progress at SwipedOn
3rd Jul 20197:00 amRNSNotice of AGM
14th Jun 20192:21 pmRNSHolding(s) in Company
13th Jun 201910:30 amRNSAvailability of 2019 Report & Accounts
8th May 20197:00 amRNSFinal Results
25th Apr 20197:00 amRNSNotification of Final Results
15th Apr 20197:00 amRNSChange of Registered Office
4th Mar 20197:00 amRNSTrading Update
30th Jan 20194:00 pmRNS£1.25 million Hospitality Contract Win
28th Nov 20187:00 amRNSContract Win with Leading International Bank
27th Nov 20187:01 amRNSBoard Changes
27th Nov 20187:00 amRNSChange of Adviser
26th Nov 20187:00 amRNSInternational Partnering Agreement
18th Oct 20184:45 pmRNSGrant of, and amendments to, Share Options
16th Oct 20187:01 amRNSAcquisition of Swiped On Limited
16th Oct 20187:00 amRNSHalf-year Report
9th Oct 201812:19 pmRNSNotice of Results
1st Aug 20185:08 pmRNSGrant of EMI Options
30th Jul 20182:51 pmRNSResult of AGM and Change of Name
6th Jul 20183:56 pmRNSNotice of AGM
18th Jun 20183:09 pmRNSCompletion of Disposal
15th Jun 201810:51 amRNSResult of General Meeting & Completion of Disposal
15th Jun 20187:00 amRNSDirectorate Change
29th May 20187:01 amRNSFinal Results
29th May 20187:00 amRNSProposed £21.6m cash disposal & Notice of GM
30th Apr 20187:00 amRNSTrading Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.