Brief: Comms Group Signs Significant Global Supply Agreement With Vodafone Global Enterprise

Comms

15/03/2022 01:06

March 15 (Reuters) - Comms Group Ltd  CCG.AX :
    * SIGNS SIGNIFICANT GLOBAL SUPPLY AGREEMENT WITH VODAFONE
GLOBAL
ENTERPRISE
    * RECONFIRMS ITS FY22 GUIDANCE FOR REVENUE OF A$40M TO A$43M
    * AGREEMENT TO SUPPLY KEY WHOLESALE TELECOMMUNICATIONS
SERVICES TO
ITS CUSTOMERS ACROSS COMMS GROUP'S GLOBAL NETWORK
    * AGREEMENT IS FOR INITIAL TERM OF 3 YEARS & THEN RENEWABLE
ANNUALLY
    * MANAGEMENT EXPECTS AGREEMENT WILL MATERIALLY ADD TO
CURRENT OVER
A$50M ANNUALISED REVENUES

Source text for Eikon:  ID:nASX5PbpLJ 
Further company coverage:  CCG.AX 

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