Toople PLC Telephony Service Launch (7807U)
23 January 2017 - 6:00PM
UK Regulatory
TIDMTOOP
RNS Number : 7807U
Toople PLC
23 January 2017
23 January 2017
Toople Plc
("Toople" or the "Company" or the "Group")
Telephony Service Launch
Toople Plc (LSE: TOOP), a provider of bespoke telecom services
to UK SMEs, is pleased to announce today the launch of a new cloud
business telephony service for its SME target audience and
wholesale customers.
Through the Company's business phone system, built on a
broadcloud platform, Toople is launching two simple propositions:
Toople.com Classic and Toople.com Premium. Both propositions
provide an efficient way for small businesses to have a reliable,
maintenance free phone system that requires minimum capital
expenditure and no advance payment.
With the addition of Toople's telephony service, the Company now
offers a full, unified communications package to its target market.
This service is forecasted to stimulate further customer
acquisition. The 16 November 2016 Trading Update reported that
Toople was provisioning over 200 new orders on average per month
across its channels, with an increased average monthly order rate
targeted by the Directors for 2017. The services also offers the
added ability to cross sell and up sell into the existing customer
base, which the business is already seeing early signs of success
with.
These products can be ordered on line or over the phone, with
unlimited calls bundles for a fixed monthly fee and come with the
Handset included in the seat price. Toople.com Premium provides
customers with full phone system functionality and mobility via an
additional IOS or Andriod app on their mobile, tablet or laptop.
Customers will be able to take their office with them on any
device, ensuring they never miss a call.
Andy Hollingworth, CEO of Toople Plc, commented "The launch of
Toople business phone systems enables us to deliver complete
unified communications to our small business customers. With free
Toople business broadband and Toople mobile, we are excited about
the complete solution we now deliver to small business. Indeed we
see the business phone systems becoming an increasingly important
part of our proposition mix. We believe it is a great value add for
our existing customers, a key driver for new customer acquisition
and we anticipate it being a high margin and cash generative
proposition for Toople.
"Further to this, through our Merlin software, users are able to
review their bills, make changes to their solution and after three
years we will refresh the handsets included in the same seat price,
which we do not believe is currently offered by any other provider
in the market."
- ENDS -
For further information:
Toople PLC 0800 0499 499
Andy Hollingworth, Chief Executive Officer
Cairn Financial Advisers LLP 020 7 213 0880
Emma Earl / Rebecca Anderson, Financial Adviser
Vicarage Capital 020 3651 2911
Broker
Rupert Williams / Jeremy Woodgate
Redleaf Communications 020 7382 4730
Rebecca Sanders-Hewett toople@redleafpr.com
Sarah Fabietti-Dallison
Sam Modlin
This information is provided by RNS
The company news service from the London Stock Exchange
END
PRLLLFVDLDIIFID
(END) Dow Jones Newswires
January 23, 2017 02:00 ET (07:00 GMT)
Toople (LSE:TOOP)
Historical Stock Chart
From Apr 2024 to May 2024
Toople (LSE:TOOP)
Historical Stock Chart
From May 2023 to May 2024