TIDMTOOP
RNS Number : 0215P
Toople PLC
15 February 2021
For release: 07.00, 15(th) February 2021
Toople PLC
("Toople" or the "Company")
New contract wins with leading UK business brands
Toople PLC (LSE: TOOP), a provider of bespoke telecom services
to UK SMEs, is pleased to announce five new contract wins with
leading UK businesses across a variety of sectors.
The most substantial of the five is a new contract win for
Toople to provide a range of services to a large building merchant
with locations across England. The merchant is a well-established
family run business with an illustrious history, and their
locations include showrooms, trade outlets, tool hire and a large
array of specialist building materials in various divisions
including roofing, electrical, plumbing and heating.
The merchant approached Toople's DMSL brand to replace its
outdated telephone system. DMSL's specialist team worked alongside
the merchant, in order to understand their business and to deliver
the best and most appropriate communications solution. DMSL has
delivered a comprehensive communications design which offers
flexibility and scalability for the merchant.
DMSL has ensured that each of the merchant's sites is now
connected to cloud based infrastructure, with multiple telephony in
every site and high speed, high bandwidth data connectivity that
allows the merchant to service their customers in a much more
efficient and customer friendly way.
Disaster recovery infrastructure has also been rolled out, which
is a critical ingredient of the merchant's new comprehensive
telecoms plan. With 75% of their business originating from
telephone and online orders, the merchant could not afford the risk
of continuing to rely on their existing unreliable and outdated
technology.
The new cloud based telephony system covers the merchant's
entire estate and the 4G backup solution extends to each of its
internet connections. The merchant's business critical services are
now always available to their customers. The merchant continues to
grow and build its business, including its delivery operation, and
in tandem with that growth DMSL is expanding the merchant's
communications network.
Additionally, Toople is delighted to announce that it has won a
five year contract to deliver services to a business dealing in
specialist and sports motor cars. This trusted and well-known
business boasts a nearly 100 year history and provides a range of
services to car enthusiasts around the UK. Toople has replaced
their old system with a digital Voice over Internet Protocol
("VoIP") system, with superfast cloud based internet connections,
allowing them to be in seamless contact with their strong and loyal
customer base.
Alongside these wins, Toople has been selected to provide cloud
based VoIP services to a Yorkshire based specialist publisher of
quality books chronicling Britain's industrial heritage; a leading
provider of hair and beauty treatments in the South of England; and
a business providing premium computer services to the local
community, businesses and industry in North Yorkshire for three
decades.
Commenting on the contract wins, Andy Hollingworth, CEO at
Toople, said:
"We are seeing a pattern develop where well-established and
well-known UK based brands and businesses, who are also market
leaders and/or specialists in their own sectors, are turning their
backs on their old communications providers, and looking to partner
with Toople. These new contracts are further evidence of the
momentum we are generating. The Toople brand is clearly
strengthening among blue chip organisations with strong credit
profiles as they recognise the strength of our service offering,
good name and reputation and appreciate our ability to produce
robust and competitively priced solutions."
This announcement contains information which, prior to its
disclosure, was inside information as stipulated under Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310
(as amended).
-Ends-
For further information :
Toople PLC Tel: 0800 0499 499
Andy Hollingworth, Chief Executive
Officer
Paul White, Chief Financial
Officer
Novum Securities Limited Tel: 020 7399 9400
David Coffman
Colin Rowbury
Belvedere Communications Tel: 020 3687 2754
John West / Llew Angus
About Toople PLC
Toople PLC is incorporated in the UK and listed on the main
market of the London Stock Exchange. The business currently trades
under four main brands: toople.com ; dmsluk.co.uk ;
broadbandandphones.co.uk ; checkthatcompany.co.uk .
Toople.com provides bespoke telecoms services for its fast
growing target market of UK SMEs with between one and 500
employees. Services offered by the Group include business
broadband, fibre, EFM and Ethernet data services, business mobile
phones, cloud PBX and SIP Trunking and Traditional Services (calls
and lines) all of which are delivered and managed via the Group's
proprietary software platform.
In February 2020, Toople completed the acquisition of DMS
Holding (DMSL) . DMSL commenced trading in 2002 and provides
unified communication services in the UK, ranging from a single
phone line to a multi-site unified comms VoIP platform, delivered
via a network of telecoms and IT carriers and content providers
across the UK including BT Business, BT Global Services, Gamma, EE,
Vonage, TalkTalk Business and O2. DMSL acts as a BT Premier
re-seller for broadband connectivity, mobile and fixed voice and
cloud services and is responsible for over 250,000 BT customers and
over 400,000 Revenue Generating Units.
The acquisition of DMSL was transformational for Toople, as it
also expanded the Group's reach into the UK residential market,
which is experiencing a period of rapid change, as operational
automation further develops and more people choose to (or are
forced to) work from home.
The Company also owns a telecoms price comparison website and a
service offering company credit reference checking and reports.
These complement the Group's IT and telecoms services.
All the Group brands seek to differentiate themselves by
offering IT, telecoms and broadband solutions, with robust and
reliable packages, that enhance a customers' business and are based
on trust and transparency, with no hidden fees within pricing
policies. This provides customers with a clear understanding of
cost and fixed prices for the duration of their contracts.
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END
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