A small telco with a cheap share price could it be another Atlantic Telecom in the next 2/3 years..?

Mitzy,
Are you still in this? The recent contract win is well reported and further good news anticipated.

I hold as of yesterday

RNS Number : 1342N
Coms PLC
03 September 2013
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD BE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION (EACH A "RESTRICTED JURISDICTION")
COMS PLC
("Coms" or the "Company")
Statement Regarding a Possible Offer
3 September 2013
The Board of Coms plc (the "Board") notes the recent share price movement in the shares of Pinnacle Technology Group plc ("Pinnacle") and confirms that it is considering a possible corporate transaction with Pinnacle that could result in an offer by Coms for the entire issued and to be issued ordinary share capital of Pinnacle being made. In the event that an indicative offer is made, it is the current expectation of the Board that any such indicative offer would be at or around 21p per Pinnacle share.
This is an announcement falling under Rule 2.4 of the City Code on Takeovers and Mergers (the "Code"). It does not represent a firm intention to make an offer under Rule 2.7 of the Code. Discussions are at a very preliminary stage and accordingly, there can be no certainty that any transaction or offer for Pinnacle will ultimately be forthcoming.
In accordance with Rule 2.6(a) of the Code, Coms must, by not later than 5.00pm on 30 September 2013, either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.
A further announcement will be made when appropriate.

That's a stinker of an RNS from Pinnacle today. The offer of 21p per share that COMS made last September is now looking extremely generous - share price now 9.5p on offer, down 18.6%.