The year to 30th September 2009 has been another very successful chapter in the company's progress with revenues growing from £48m to £69m with profits before tax doubling to £2.5m. Strong organic demand for our telephony services from both existing and new customers continued apace with good progress in our Systems Integration and Facilities Management. The company expects to further grow its revenues and profits in the year to 30th September 2010.
QiComm conduct business is the following areas - Systems Integration, Networks, Carrier Services and Managed Services.
QiComm will continue to invest in new technology and to that end we plan to replace older TDM infrastructure with soft-switches and new value added platforms in the course of the next year. Such investment will enable us to reduce operational costs, including power consumption and enable us the opportunity to provide new value added services and products.
QiComm will focus on working in the African sub-continent on projects that will enable PTT's to reduce their operational costs whilst at the same time enable us to reduce our carrier costs and improve margins. We will continue to invest further in our systems integration division and we expect to see enhanced revenues and contribution from that activity.
QiComm have been working with companies such as Digitalk providing innovative prepaid mobile solutions as well as other solutions with partners Veraz, Cirpack, Tellabs & ADC .
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