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At Communications in contract extension | At Communications in contract extension |
| Written by Lautaro Vargas | |
| Thursday, 12 July 2007 | |
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Harlow-based AT Communications has announced an extension to its existing six year contract with BT with an agreement to supply Mitel products, which it said is worth up to £9m over the next three years.
The telephony service provider said that the add-on contract, to supply the Mitel 3300 ICP and SX-2000 range of products along with associated support services, is expected to generate some £9m for the group over the next three years.
The contract adds to the firm's recently renewed, existing contract, to support traditional and IP telephony systems, which will last six years.
"This contract represents a strategic development for ATC, which is now supplying BT with products in addition to our established support service role.
"As a result, we expect good growth in product revenues going forward. Mitel recognise the value of the Group's endto-end support capabilities to BT's business customers," said ATC's CEO Alex Tupman.
Shares in ATC have benefited from the announcement, seeing growth of almost seven per cent, rising 3p to 47.5p. |
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