Another Big Win for Spiritel

SpiriTel, the business communications service provider, has won a network services and hosted VoIP contract with a major European hotel group.

The three year contract, the value of which is expected to exceed £1 million, is SpiriTel’s second significant cross sale contract win this month. Under the terms of the agreement SpiriTel will
provide integrated network services across all of the group’s UK estate of 21 hotels and its head office. The hosted VoIP solution is a managed service which includes the provision of teleworking facilities for field based staff.
This contract win is further evidence of SpiriTel’s ability to drive organic growth by cross-selling the Company’s expanded product range covering fixed, mobile, data and networking services.

Earlier this month, the Company signed an agreement with another international hotel group, under which SpiriTel replaced BT as the provider of a private UK voice network, and this takes the total value of cross sales orders since the Company’s April 2008 year end to over £3 million.

In addition, the three year term of these recent contract wins contributes to the Company’s strategic goal of increasing future earnings visibility.

Commenting on the contract win, Alastair Mills, CEO of SpiriTel said: “I am delighted to have secured another significant contract win for SpiriTel which provides further evidence of the viability of our integrated model in a challenging economic climate. SpiriTel has a proven track record of providing innovative and cost effective solutions and our customers are increasingly looking to us to help deliver cost savings. We believe the Company is well placed to win further market share.”