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Sydney, NSW, Australia, Mar, 2022 -- Comms Group Limited (ASX:CCG) ("Comms Group" or the "Company") is pleased to announce that it has signed a significant global agreement to provide key unified communications and related telecommunications services to international telco provider Vodafone Global Enterprise (Vodafone) – the global enterprise division of Vodafone Business and the Vodafone Group PLC.

Highlights:
• Comms Group has entered into a global supply agreement ("agreement") with Vodafone to supply key wholesale telecommunications services to its customers across Comms Group’s global network.

• Services to be provided include Microsoft Teams calling (direct routing) services, SIP trunking services, value added services (including but not limited to call recording, call reporting, contact centre, teams to text messaging/SMS integration) and hardware-based voice solutions. The Company will also be providing professional support services to Vodafone.

• Initially, the agreement will require an investment in mobilisation costs, staff deployment and contract establishment related costs which is likely to have a negative impact on overall EBITDA in the first year of the agreement.

• The agreement is for an initial term of 3 years and then renewable annually. Vodafone may cancel the agreement for convenience on 6 months’ notice and Comms Group may cancel the agreement for convenience on 18 months’ notice.

Comms Group will immediately mobilise staff and resources and commence infrastructure and systems enhancements to support Vodafone. This includes:

• Additional sales and operations resources to support the Vodafone contract internationally including the Northern Hemisphere.

• Upgrades and enhancements, where required, to network and internal operational support systems.

Peter McGrath, Comms Group’s CEO and Managing Director stated "We are extremely delighted to partner with Vodafone Global Enterprise to support Vodafone’s moves into offering the very best teams calling unified communications experience globally with extensive coverage to service the world’s largest enterprises. We have a close and growing relationship with Vodafone and are pleased to be able to work alongside them providing the latest generation unified communications services across the globe."

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Posted by Veronica Silva Cusi, news correspondent
Source: https://wcsecure.weblink.com.au

Date Posted: Thursday, March 17, 2022