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Coms plc share price currently up over 250%!

Coms has announced that it has signed a contract to sell broadband and lines to an outsourcing company with a turnover of over £2.0 billion. For reasons of confidentiality, they are restricted from providing more detail on the contract or the client company.

The Company estimates the contract to be worth £15 million over the next 24 months and it has already commenced the installation of several thousand lines.

Dave Breith (Coms CEO) states: “This represents our largest contract win to date. We are delighted to have signed such an important deal, which aptly demonstrates Coms’ scale capabilities across different product lines.”

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David Dungay

Editor - Comms Business Magazine
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