Contract Win - Olympic Games (0473W)
January 24 2012 - 1:00AM
UK Regulatory
TIDMPINN
RNS Number : 0473W
Pinnacle Telecom Group PLC
24 January 2012
24 January 2012
Pinnacle Telecom Group plc ("Pinnacle")
Olympic and Paralympic Games Agreement
Pinnacle Telecom Group plc (AIM: PINN), the provider of cloud
based technology solutions, is pleased to announce that it has
entered into a supply agreement with the BBC to provide data,
connectivity and voice services to BBC International and its world
media partners, enabling worldwide broadcast coverage of the 2012
Olympic and Paralympic Games.
The BBC will offer international broadcasters from around the
world the Stratford Broadcast Tower; a 22-storey building situated
at the edge of the Olympic Park with commanding views overlooking
the Olympic Stadium, the Aquatics Centre and the Orbit Tower.
Under the terms of this significant agreement, Pinnacle will
supply BBC International with the resilient fibre connections;
microwave back-up links, analogue and ISDN connectivity. Pinnacle
will also supply IP telephone switchboards, telephone handsets and
data connections to Stratford Broadcast Tower's offices, studios
and production crews for the world's media.
BBC International will occupy the Stratford Broadcast Tower for
the duration of the 2012 Olympic and Paralympic Games, offering the
world's media, facilities that include broadcast studios,
presentation suites, production offices and stand-up positions for
broadcasting their coverage of the Olympic and Paralympic
Games.
Commenting on the agreement Jamie Hindhaugh, BBC Head of
Production 2012 said, "Pinnacle Telecom Group plc have been
supplying the BBC with short-term data connectivity and telecoms
solutions for some time now, the services that Pinnacle will
provide at The Stratford Broadcast Tower will enable each
international broadcaster to have their own data, telecoms and
switchboard services for the duration of the Olympic and Paralympic
Games."
Alan Bonner, CEO of Pinnacle Telecom Group plc said, "We have
been negotiating this unique opportunity for a long time and are
therefore delighted to announce that Pinnacle will provide data,
voice and connectivity services for the BBC and its worldwide
international broadcasting partners at the 2012 London Olympic and
Paralympic Games.
Through our agreement with Atos, our interconnect agreements
with CMC and other international data carriers, Pinnacle will
enable the BBC and its International broadcast partners at the
London Olympics Stratford Broadcast Tower, to have direct
point-to-point fibre connections to most capital cities around the
world. Pinnacle will deliver the transmission of Olympic and
Paralympic Games broadcast images and sound, direct to the
broadcaster's own country for editing and re-transmission around
the world.
In the last two years, Pinnacle has continually proven its
capability by the successful delivery of voice and data networks
for many of the BBC's high profile events, these include the 2010
UK General Election, the Pope's UK visit and last year's Royal
Wedding. However, with an expected global television audience in
excess of 4 billion viewers, the Olympic and Paralympic Games is by
far Pinnacle's biggest single event to date and further
demonstrates our capability to handle larger and more complex
projects."
The Company is also pleased to announce it will issue its
Preliminary Announcement on or before 20(th) February 2012"
Enquiries:
Pinnacle Telecom Group plc
Alan J Bonner, Chief Executive Tel: 0845 180 7474
Zeus Capital Limited
Ross Andrews/Paul Horrocks Tel: 0161 832 1512
Rivington Street Corporate Finance
Limited
Jon Levinson Tel: 0207 562 3357
All Company announcements can www.pinnacletelecomgroup.co.uk
be found at:
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, IT Security, 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 next generation, cloud-based IP
solutions, driven by leveraging organic opportunities as well as
through targeted acquisitions. Pinnacle is seeking to acquire and
grow businesses to bring together 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 its
hosted cloud-based services, would create a compelling
earnings-enhancing proposition. A strategic acquisition in this
area would potentially be transformational and as data centres are
worldwide, it is widening the search parameters.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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