Launch of New Subsidiary - Coms Carrier Services

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	[phone]
David Breith (CEO)
Frank Beechinor (Chairman)
Charles Stanley (Nominated Advisor & Broker)	[phone]
Karri Vuori / Philip Davies
Blytheweigh (Financial Public Relations)	[phone]
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

 

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