Manx Telecom PLC Anchor tenant agreement with PokerStars for GDC 2 (9359U)
August 04 2015 - 2:00AM
UK Regulatory
TIDMMANX
RNS Number : 9359U
Manx Telecom PLC
04 August 2015
4 August 2015
Manx Telecom Plc
Anchor tenant agreement with PokerStars for GDC Phase two
Manx Telecom Plc (AIM:MANX; the "Company"), the leading
communication solutions provider on the Isle of Man, announces that
PokerStars, the world's largest online poker operator, is the
anchor tenant for Phase two of its Greenhill Data Centre
("GDC").
The three year data hosting contract will see a total of 48 data
hosting racks and associated equipment moved from their current
location in Dublin to Manx Telecom's world class, Tier 3 GDC, which
opened last year.
The agreement will enable Manx Telecom to proceed as planned
with building phase two of the GDC, later in 2015. PokerStars has
been one of the Company's hosting clients since 2005, and this new
agreement is in addition to the hosting services already provided
by Manx Telecom.
Manx Telecom CEO Gary Lamb commented: "This contract extends and
expands the very successful relationship we have with PokerStars
and represents another endorsement of our commitment to invest a
total of GBP10million in the GDC project. Phase one is already home
to a variety of hosting and managed services customers across
several sectors and we're delighted that we can now progress with
phase two. This new PokerStars contract is excellent news for Manx
Telecom and enhances our reputation as a world class hosting
provider."
Gary Hill, Director of IT Operations at PokerStars, said: "Being
offline costs money, that's why we rely on a world class hosting
provider who can provide hosting which meets the highest standards
of quality, security and resilience. We're delighted to award this
new contract to Manx Telecom and to extend our association with a
trusted business partner."
-Ends-
For further enquiries, please contact:
+44 (0) 1624
Manx Telecom plc 636400
Gary Lamb, Chief Executive Officer
Paul Tierney, Interim Chief Financial
Officer
Liberum Capital (Nominated Adviser +44 (0)20 3100
and Corporate Broker) 2000
Steve Pearce
Steve Tredget
+44 (0) 20 7766
Oakley Capital (Financial Adviser) 6900
Christian Maher
Victoria Boxall
+44 (0) 20 7250
Powerscourt Group (Public Relations) 1446
Juliet Callaghan
Simon Compton
Carmen Murray
About Manx Telecom
-- Manx Telecom is the leading communication solutions provider
on the Isle of Man, offering a wide range of fixed line, broadband,
mobile, and data centre services to businesses, consumers and the
public sector on the Isle of Man as well as a growing portfolio of
innovative hosting and "Smart SIM" solutions to off-Island
customers.
-- Manx Telecom has a record of innovation, being the first
European operator to launch a 3G mobile service and the first in
the world to launch a 3.5G mobile service. 4G service launched in
the summer of 2014, and it is now available to contract and pre-pay
customers with 99% population coverage. The Company's high speed
VDSL broadband service (Ultima) is available to 87 per cent of
homes on the Island. A VDSL Plus service launched in February
2015.
-- The Company has three data centres (two of which are Tier 3)
plus international connectivity and its operations are
business-critical to the economic strategy of the Isle of Man.
-- One of the largest employers on the Island, Manx Telecom
employs nearly 300 people. The company plays a major role in the
wider community through a range of activities, including charitable
donations, sponsorships, and corporate social responsibility
initiatives.
-- The company is proud to sponsor the Manx Telecom Parish Walk,
Tough Mann Adventure Challenge, Manx Telecom End2End Mountain Bike
Challenge, Team Manx Telecom (Manx Road Club) and Royal Manx
Agricultural Show as well as other smaller events. Manx Telecom
also donates annually to local causes through the company's "It's
our Community" programme.
-- The Isle of Man has a resilient and growing economy which has
experienced 29 years of unbroken GDP growth. Unemployment is low at
2.0 per cent, and there is a zero per cent corporate tax rate which
applies to the vast majority of Manx Telecom's business and means
that the Group currently pays no corporation tax on its annual
profits.
-- Manx Telecom is listed on the Alternative Investment Market
of the London Stock Exchange with the ticker MANX.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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