Contract Win - BBC Local Elections
20 April 2011
Pinnacle Telecom Group plc
("Pinnacle" or the "Company")
Contract Win - BBC - Local Elections
Pinnacle Telecom Group plc (AIM: PINN) the AIM listed provider of cloud technology based telecommunications solutions, announces that it has been awarded the contract to provide the voice and data connectivity for the BBC coverage of the UK local elections, which will take place on the 5th May 2011.
Voters across the UK will be asked if they want to change the current first-past-the-post system for electing MPs in favour of the Alternative Vote. Pinnacle will provide the connectivity at 100 locations, enabling the BBC to broadcast voice transmissions for BBC Radio and BBC TV across the UK. In Scotland, voters will elect 129 members of the Scottish Parliament. In Wales, voters will elect 60 members of the National Assembly of Wales. In Northern Ireland, voters will elect 108 members of the Northern Ireland Assembly as well as 582 local councillors. In England, voters will elect around 9,300 councillors.
The Company is seeking to acquire and grow the four main elements of traditional telephony, hosted cloud based services, IT support and data centres. A particular target area is data centres, where the combination of recurring revenue and a platform to expand our hosted cloud based services, would create a compelling earnings enhancing proposition. A strategic acquisition in this area would potentially be transformational and we are widening our search parameters"
All Company announcements & news can be found on http://www.pinnacletelecomgroup.co.uk
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For further information please contact: |
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Pinnacle Telecom Group plc |
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Alan J Bonner, Chief Executive |
0845 180 7474 |
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Zeus Capital Limited |
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Ross Andrews |
0161 831 1512 |
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Rivington Street Corporate Finance Limited |
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Jon Levinson & Peter Greensmith |
0207 562 3389 |
Notes to editors
About Pinnacle
Pinnacle Telecom Group plc (AIM: PINN) is a value added, solutions based provider of integrated telecommunications services including IP solutions. It focuses on the SME market across the UK, where it provides a wide range of communications solutions including telecommunications calls, access and consultancy, IT support, mobile solutions - both voice and data and hosted broadband voice services.
Pinnacle is a fully licensed Public Telephone Operator, has its own telephone network and interconnects with BT, Virgin Media and THUS. It has its own hosted voice (VoIP) platforms and engineers and owns Scotland's oldest ISP (and a founder member of Nominet), operating from its data centres in Glasgow, London and Brighton.
Pinnacle's strategy is to be a SME focused, value added, solutions based provider of converged communications services, driven by leveraging organic opportunities as well as through targeted acquisitions.
This information is provided by RNS
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