Coms Announces Wins of More Than £14 Million in New Business

LONDON, May 8, 2014 /PRNewswire/ --

Business and communications specialist Coms has signed £14.2 million of new business in the last month highlighting the confidence partners and the industry has in the Coms offering.

This figure includes a contract worth a hefty £9.3 million with an existing client who is an international brand and which spreads over the next five years.

Structured cabling and maintenance specialists Redstone has won an additional three new contracts, further boosting their work with well-known, recognisable brand names. Its recent wins include a £1.5 million contract to provide onsite technical infrastructure and support to a global investment bank. Redstone also boast a further smart building contract worth £800,000 with a leading retail agent and structured cabling contracts for two widely known, highly recognisable brands in overseas offices worth £1.5m. Furthermore, in the last month a further £400,000 of structured cabling and maintenance work has also been secured.

And further strengthening the Coms Wholesale channel, two contracts worth around £400,000 have been won, boosting revenue and takings in the sector.

Brendan Loughrey, Chief Operating Officer of Coms Plc, said: "I am delighted that all our business lines are contributing to the growth of the Company and we are continuing to win contracts both large and small. This demonstrates that we can achieve our ambitious revenue and profit targets over the coming years and build a substantial and sustainable business in the long term."

About Coms 

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: http://www.coms.com