In a statement released this morning, the London-listed Toople (TOOP ) said it has won its second new contract of 2022, telling investors that “business momentum continues to build.”
On Monday, Toople, which provides telecom services to UK SMEs, noted that it had started the new year with “a positive frame of mind” following its first contract win of 2022 by its subsidiary firm DMSL to supply 46 hosted voice seats to the UK’s leading horse feed supplier.
Today’s second contract win will be for a period of 36 months, the company highlighted, with an unnamed City of London-based family office which has a network of international advisers.
The Company said it has deployed cloud based Voice over Internet Protocol (VoIP) technology as the family office moves into new premises which will be supported by cloud based apps for ‘seamless integration across mobile and tablet devices.’ It has also rolled out desktop infrastructure for the client, as well as cloud based call recording technology.
Commenting on the second contract win of 2022, CEO of Toople, Andy Hollingworth, highlighted: “Our new client has chosen Toople for its connectivity requirements, which include the ability to implement investment decisions across the world in real time. Their reliance on dependable modern communications technology could not be more crucial to their operations, and we are proud to offer them some of the best possible solutions available.”
Addressing shareholders, Hollingworth said it was “clear” that hybrid working is “here to stay,” and that the world is likely “at the beginning of a new wave of globalisation where employees in the service industry will be required, or are able to request, to largely work remotely.”
“Keeping employees connected, wherever they may be, was central to the requirements of our new customer, and we expect this to grow in importance in our service offering,” he said.
He added: “Our cloud based mobile apps ensure that employees remain integrated wherever they may be, and we look forward to keeping more businesses connected, without the need to worry about connectivity, as many other factors, such as supply chains and variations of Covid-19, keep presenting challenges.”
On Monday, Toople said it had started 2022 with “a positive frame of mind” following its new contract won by DMSL to supply 46 hosted voice seats to a 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 occurred 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 Monday’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.”
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 2021, 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.”
Follow News & Updates from Toople: