Voip and broadband provider Coms is continuing its drive into mobile after clinching a deal to supply 50,000 mobile SIM cards to an unnamed wholesaler through its newly built mobile network.
Under the terms of the contract the SIM cards are expected to be rolled out over a 24 month period with the first order for 10,000 cards already received and due to be delivered by early 2014.
The contract is expected to generate revenue to Coms of approximately £20 per user per month. In addition, Coms will supply the customer with other products and services, including VoIP telephony, lines and broadband and other data connectivity.
Dave Breith, CEO of Coms, said: ‘Once the full roll out over 2 years of the SIM cards has been achieved, we estimate that the potential revenues from the supply of SIM cards only will be significant under the contract. The contract also provides Coms with further opportunities to upsell its other products and services, thereby providing significant additional income.
He added: 'The Company maintains that owning our own voice, data and mobile networks makes Coms’ service offering highly attractive. This new contract demonstrates our ability to derive significant shareholder value from our new mobile initiative.’