KCOM bags Phones4U deal
Hull-based telecoms group KCOM has signed a five year contract with Phones4U to consolidate all the mobile phones retailer's telecoms services into a single source.
The agreement includes the provision of a new wide area network for data for all the stores, internet access, leased lines, inbound and outbound switched voice calls and conferencing facilities. It marks a significant landmark deal following KCOM Group's strategic agreement with BT Wholesale, KCOM said.
"Our contract win with Phones4U is as an example of our strategy of focusing our managed communications services business direct sales efforts on higher value added services, contracted on a multi-year basis. The contract illustrates the new opportunities available to us following our agreement with BT," executive chairman Bill Halbert said.
KCOM added its trading performance continues to be in line with expectations, with continued good cash performance resulting in a stronger overall financial position at the end of December.
Source: Sharecast, 29th January 2010
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