LoopUp has signed a major reselling agreement with an international telco to distribute its Cloud Telephony platform into its business customer base. In our view, this validates both the commercial proposition and LoopUp's channel strategy. We have nothing in our forecasts for CT indirect sales meaning this agreement provides upside potential to forecasts once revenues flow.

02 Nov 2021
Cenkos: LoopUp Group Plc -- Major distribution agreement


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Cenkos: LoopUp Group Plc -- Major distribution agreement
LoopUp Group PLC (LOOP:LON) | 6.0 0 0.0% | Mkt Cap: 6.21m
- Published:
02 Nov 2021 -
Author:
Simon Strong -
Pages:
5 -
LoopUp has signed a major reselling agreement with an international telco to distribute its Cloud Telephony platform into its business customer base. In our view, this validates both the commercial proposition and LoopUp's channel strategy. We have nothing in our forecasts for CT indirect sales meaning this agreement provides upside potential to forecasts once revenues flow.