Jump Networks Limited (JUMPNET) has signed an annual digital services agreement of minimum guaranteed revenues of INR 100 crores to provide wholesale Voice over Internet Protocol (VoIP) services.
The agreement has been entered into with Amtelfone Incorporated (Amtelfone), a fast-growing tele-communication service provider, offering wholesale VoIP minutes and prepaid calling services to different markets.
JUMPNET will provide Amtelfone its proprietary VoIP application called 'JumpTalk' on a wholesale Software-As-A-Service (Saas) model.
Shares of Jump Networks Ltd (formerly IRIS MEDIAWORKS LTD.) was last trading in BSE at Rs.56 as compared to the previous close of Rs. 55.6. The total number of shares traded during the day was 21392 in over 64 trades.
The stock hit an intraday high of Rs. 56 and intraday low of 55. The net turnover during the day was Rs. 1192301.