- Technology provider Gamma Communications said it expected earnings for the full year would be at the top of the range of market expectations as it continued to grow market share in SIP Trunking and Cloud PBX products.

The company attributed the upbeat outlook to a continued 'strong' demand in the UK business market for Gamma's portfolio of products and services and expansion into Continental Europe.

Gamma had also expanded overseas for the first time following the acquisition of Dean One in the Netherlands in October 2018. The integration of Dean One into the group was progressing in line with expectations, the company added.

'We continue to improve our strong market share in our SIP and Cloud PBX products and we are excited to be introducing our new Collaborate product which will make our Cloud PBX product, Horizon, even more competitive,' the company said.

'Both our indirect and direct businesses continue to grow very well, with the latter performing strongly in the Enterprise and Public Sectors.'

At 9:34am: [LON:GAMA] Gamma Communications Plc share price was +17p at 813p

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