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Toople unveils first contract win of 2022

10:53, 10th January 2022
Francesca Morgan
Vox Newswire
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Toople (TOOP FOLLOW) said it has started 2022 with “a positive frame of mind” with a new contract won by its subsidiary firm DMSL to supply 46 hosted voice seats to the UK’s leading horse feed supplier.

The Company, which provides telecom services to UK SMEs, said this latest contract win follows the company’s ‘robust’ order intake which occured during the last quarter of 2021.

In recent months, the Company has continued to grow its customer base, across a number of sectors, including today’s latest win which covers the animal food supply and services sector.

The contract, which has been won by Toople’s subsidiary company DMSL via its key network partners, is to supply 46 hosted voice seats for a minimum contract period of 3 years, it noted.

Commenting on this morning’s contract win, Andy Hollingworth, CEO of Toople told investors: “Like many businesses this new client relies on its online and teleservices infrastructure to provide crucial out-bound marketing and sales services, as well as customer support.  It is a real vote of confidence in our offering that this highly respected UK business, a market leader in its field, has chosen to partner with Toople to provide this business critical support.”

Addressing shareholders, Hollingworth said that while 2022 has “once again” started under the spectre of further business disruption due to the Omicron variant, Toople is keeping its customers “seamlessly connected with their employees, customers, and other stakeholders, ensuring business continuity, and providing peace of mind and strong infrastructure.”

He added that, “This allows our customers to manage their businesses remotely and seamlessly whatever working restrictions are imposed on them at short notice.”

TOOP price chart

In October 2021, Toople noted that it had experienced ‘robust order intake’ during September 2021, which had proven to be one of the company’s strongest order intake months in FY21.

In September, the Company won a string of contracts, including five major new deals to provide leased line services, with a minimum contract length of either three or five years.

Under the terms of the contracts, Toople explained at the time that it wouldl deliver ‘high quality bandwidth and high-speed dedicated internet access’ to all new customer sites.

“As the economy starts to return, as far as possible, to its pre pandemic state, momentum at Toople continues to build and we have ended our financial year with one of our best months for order intake across all our main product lines,” said Andy Hollingworth, CEO of Toople.

He said, “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.”

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