Toople plc share price, company news, analysis and interviews

Toople PLC (LON:TOOP), a provider of bespoke telecom services to UK SMEs, has today announced that it has won a new contract to provide next generation broadband solutions to TOCA, the global sports and entertainment company at the prestigious O2 venue in London. Toople will provide critical high speed secure data connectivity as TOCA rolls out its first immersive, soccer-themed entertainment venue, TOCA Social, at the O2. TOCA Social is a new entertainment concept, transforming how visitors meet and play. It is built around accessible and interactive football-based games.  The stylish, 30,000-square-foot venue will give players of all kinds a place to come

Toople PLC (LON:TOOP), a provider of bespoke telecom services to UK SMEs, today announced its final audited results for the year ended 30 September 2020. Commenting on the results, Richard Horsman, Non-Executive Chairman, said: “As we look back over the financial year, we can truly say that it was a transformative period for our Company.  During the reported period we have acquired a highly complementary business, DMSL, raised funds to bolster our balance sheet, restructured into four distinct operating brands, further simplifying our business propositions for our customers and have more than delivered on financial and operational synergies promised at the time

Toople PLC (LON:TOOP), a provider of bespoke telecom services to UK SMEs, has announced that it has sold a range of new IP cloud based services to an existing client in a 36 month extension to the existing agreement, significantly increasing the value of the contract. In March 2018 Toople announced that it had signed a new contract with a London based bakery, to provide full telecom services to their 52 retail sites and their company headquarters. The bakery has since expanded its footprint to over 70 retail sites and continues to grow its estate. The company is now contracted to provide

Toople PLC (LON:TOOP), a provider of bespoke telecom services to UK SMEs, has provided the following market update. Trading and cost savings Following the acquisition of DMSL earlier this year the management team undertook a review of the entire business and implemented a plan to restructure and reorganise the Group into four main brands: www.toople.com; www.dmsluk.co.uk; broadbandandphones.co.uk; and www.checkthatcompany.co.uk.  As part of this review, a number of initiatives were put in place to deliver cost savings and synergies to deliver in excess of £600,000 per annum. The Board subsequently updated shareholders that cost savings and synergies would deliver over £960,000 per annum. These have now been achieved. The Company