Toople PLC (LON:TOOP) has secured a crucial new wholesale contract with a well-known reseller, whose name has not been specified, located in the South of England.
The company provides a range of telecoms services primarily targeted at the UK SME market. Services offered include business broadband, fibre, EFM and Ethernet data services, business mobile phones, cloud PBX and SIP Trunking and Traditional Services (calls and lines).
The contract has been initially secured for three years. In this period, at least £3.5 million in additional revenue is expected to be delivered.
During the beginning of the contract, the well-known reseller will relocate its current hosted telephony estate to Toople’s platform as well as re-branding Toople’s broadband proposals and advertising them to existing and prospective customers.
CEO of Toople, Andy Hollingworth, has commented:
“This is a great win for Toople as all the revenues relate to our next generation of telephony and superfast broadband services. As this and our other recent contract wins demonstrate, we are seeing increased interest from reseller partners and those active in the wholesale market. This is because we have a number of competitive advantages in terms of our platform, price and next generation service offerings.”