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
25th Jan 20187:00 amRNSBusiness Update
5th Dec 20173:32 pmRNSMulti-million pound OEM for OneSpace
27th Oct 20179:36 amRNSForm 8.5 (EPT/RI)
26th Oct 201710:02 amRNSForm 8.5 (EPT/RI)
26th Oct 20179:57 amRNSNo intention to make an offer
25th Oct 201710:04 amRNSForm 8.5 (EPT/RI)
24th Oct 201710:43 amRNSForm 8.3 - RedstoneConnect plc
19th Oct 201710:33 amRNSForm 8.5 (EPT/RI)
18th Oct 201712:24 pmRNSFurther re: possible offer
18th Oct 201710:50 amRNSForm 8.5 (EPT/RI)
17th Oct 201710:10 amRNSForm 8.5 (EPT/RI)
16th Oct 201710:19 amRNSForm 8.5 (EPT/RI)
13th Oct 201711:18 amRNSForm 8 (OPD) A P System Holdings Limited
13th Oct 201711:18 amRNSForm 8 (OPD) RedstoneConnect plc
13th Oct 201710:06 amRNSForm 8.5 (EPT/RI)
12th Oct 201712:53 pmRNSForm 8.5 (EPT/RI)
12th Oct 201712:42 pmRNSForm 8.3 - RedstoneConnect Plc
11th Oct 20172:13 pmRNSForm 8.5 (EPT/RI) Amendment
11th Oct 201711:47 amRNSForm 8.5 (EPT/RI)
11th Oct 201711:04 amRNSForm 8.3 - [REDSTONECONNECT]
11th Oct 201711:01 amRNSForm 8.3 - [REDSTONECONNECT]
11th Oct 20179:40 amRNSForm 8.3 - [REDSTONE CONNECT]
10th Oct 201712:29 pmRNSForm 8.3 announcement - Gert Fieremans
10th Oct 20179:48 amRNSForm 8.5 (EPT/RI)
10th Oct 20177:00 amRNSInterim Results
9th Oct 20173:37 pmRNSForm 8 (OPD) RedstoneConnect Plc
6th Oct 20179:49 amRNSForm 8.5 (EPT/RI)
5th Oct 201711:23 amRNSForm 8.5 (EPT/RI)
4th Oct 201712:18 pmRNSFurther response re: Possible Offer
4th Oct 201710:26 amRNSForm 8.5 (EPT/RI)
3rd Oct 20174:52 pmRNSForm 8.3 - RedstoneConnect plc
3rd Oct 20172:34 pmRNSForm 8.3 - RedstoneConnect Plc
3rd Oct 201711:14 amRNSForm 8.5 (EPT/RI)
2nd Oct 201710:21 amRNSForm 8.5 (EPT/RI)
2nd Oct 201710:17 amRNSForm 8.3 - [REDSTONECONNECT]
2nd Oct 20179:43 amRNSDavid Newlands Form 8.3 - RedsoneConnect plc
29th Sep 20175:54 pmRNSHolding(s) in Company
29th Sep 20174:28 pmRNSForm 8.3 - RedstoneConnect PLC
29th Sep 20177:00 amRNSResponse re: Possible Offer
28th Sep 20174:52 pmRNSPossible Offer for RedstoneConnect plc
28th Sep 201712:00 pmRNSHolding(s) in Company
28th Sep 20179:43 amRNSHolding(s) in Company
27th Sep 20179:52 amRNSHolding(s) in Company
26th Sep 20177:00 amRNSRedstoneConnect extends IBC and DAS deployment
20th Sep 201712:04 pmRNSHolding(s) in Company
19th Sep 20177:00 amRNSContract Win
12th Sep 20177:00 amRNSHolding(s) in Company
8th Sep 20177:00 amRNSTrading Update & Notice of Results
22nd Aug 201710:15 amRNSHolding(s) in Company
10th Aug 201710:33 amRNSHolding(s) in Company

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.