Comms Group Limited (ASX: CCG) has secured a significant contract worth at least AU$2.4 million in partnership with Vodafone Business. This contract entails providing IP-based voice services to a prominent global SaaS provider, supporting approximately 7,000 users over a minimum three-year term.
The revenue will be generated through upfront and ongoing service fees, with additional income anticipated from usage-based charges. Comms Group's Global division is set to commence service delivery shortly, leveraging its strategic alliance with Vodafone to enhance unified communications and global coverage. This contract marks a notable achievement for Comms Group as it continues to expand its footprint in the cloud communications sector.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.