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Pin to quick picksRedcentric Share News (RCN)

Share Price Information for Redcentric (RCN)

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Share Price: 135.50
Bid: 134.00
Ask: 137.50
Change: -1.50 (-1.09%)
Spread: 3.50 (2.612%)
Open: 135.50
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Redcentric Wins GBP1.6 Million Worth Of New Contracts And Projects

Mon, 21st Oct 2013 08:22

LONDON (Alliance News) - Redcentric PLC, a communications technology and network services company, said Monday that it had won GBP1.6 million worth of contracts and new projects with new and existing customers.

The company said it had won a four-year contract with a leading media company to provide its cloud infrastructure. It won a five-year contract with a Cambridge-based customer to provide its high-speed metro fibre network. It will construct a new two-kilometer duct network in Cambridge to support a network change for an educational client.

Redcentric also extended a one year contract to provide wholesale connectivity to an IT company and won a deal to provide Wide Area Network acceleration technologies to an existing healthcare client.

Redcentric didn't provide the names of the contracting parties, nor a breakdown of the values of the individual contracts.

Shares in Redcentric were trading up 0.50 pence at 86.00p Monday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2013 Alliance News Limited. All Rights Reserved.

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