The company will also honour all off-net inflight orders including those at quote stage. In addition, ITS has announced price reductions on some FibreBright products.
Pete England, head of product development, ITS, said, “We want to do all that we can to mitigate the impact that continued high inflation, interest rate rises, and price increases are having on our partners’ businesses and those of their customers.
“Thanks to our strong financial position we are able to take the brunt of supplier increases this year, providing certainty for our partners around these tariffs to allow them to manage their costs.
“Many of our partners have already fed back to us how this pricing strategy is going to help them save the time, cost, and resource that would be needed to administer price increases in-contract. We will continue to do all that we can to support our partners in this way.”