Kingston to team up with BT Cellnet
Wednesday 29 March 2000
Kingston Communications, the Hull-based telecoms company that entered the FTSE 100 a fortnight ago, yesterday moved to offer a range of mobile phone services in association with BT Cellnet from April.
Kingston will market mobile services in its east Yorkshire service area to business and residential users. It will also offer mobile services to customers of its Torch business telecoms subsidiary and customers of Kingston Business Communications, a telecoms equipment business.
Steve Maine, chief executive, said customers would soon number in the tens of thousands and that start-up losses would be incurred in the first year, although the impact on group-level profits is expected to be marginal.
Kingston plans to charge a monthly mobile subscription fee of £12.60, undercutting existing operators. Local calls will be priced at 8.5p per minute with national calls at 10.5p, subject to further volume and loyalty discounts. Kingston claims this will undercut BT Cellnet by between 10 and 27 per cent.
Mobile handsets will display the Kingston or Torch name, and the company plans to handle customer service calls itself. Integrating fixed and mobile services will result in customers having a combined voice mailbox and receiving a single bill.
Kingston stock closed up 5p at 1103p.
- 2 Russian girl takes her own life after parents find pornography on her computer
- 3 Kim Kardashian on Bruce Jenner's 'story': 'We support him no matter what, and I think when the time is right, he'll talk'
- 4 Ball pool for adults opens in London
- 5 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
Russian girl takes her own life after parents find pornography on her computer
Kim Kardashian on Bruce Jenner's 'story': 'We support him no matter what, and I think when the time is right, he'll talk'
Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
Ball pool for adults opens in London
Amal Clooney gives excellent response to fashion question at European Court of Human Rights
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
iJobs Money & Business
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...