News blog

Coms

  • BY: Andrew Hore |
  • POSTED: 19/02/2008 |

Internet telecoms company Coms says that revenues are in line with expectations.

Coms put out the trading statement to reassure investors after talks to buy Plus-quoted international pay as you go SIM cards supplier Sim4Travel ended.

Coms generated revenues of £1.38m in the year to January 2008. January generated £170,000 and February is in line with that level of trading.

Average initial set-up fee is £70 per user and average revenue per user is £16 a month.

The shares held steady at 0.6p.

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