Vodafone acquires WorldxChange to bring enhanced benefits to customers
10 June 2015 - Media Release
Vodafone has today announced the acquisition of WorldxChange, a New Zealand based telecommunications business delivering high reliability IP-based voice and converged services, in a move that brings complementary skills together to deliver enhanced solutions to Enterprise customers.
Vodafone’s Chief Executive Officer, Russell Stanners, said, “This is a really exciting move for us. WorldxChange is a world-class kiwi company specialising in converged unified communications services and its deep experience and 15-year proven history of delivering high-quality innovative solutions is a great complement to our existing business.
“Our focus is on delivering the best possible solutions to our customers and this deal allows us to enhance our total communications offering. We’re proud to be investing in this strong, kiwi company and to bring the benefits of its highly skilled technical capability to our customers.”
WorldxChange currently delivers communications services to a large customer base including Government, Corporate and business customers; as well as providing fixed and fibre solutions to high-end residential customers. Its model includes capability for provision automation and self-service, offering flexibility and increased transparency for customers.
WorldxChange Chief Technology Officer and major shareholder, Paul Clarkin, said the company felt proud to be joining the Vodafone NZ group.
“This is a strong, positive move for us. Vodafone has seen the value in our expertise and what we offer to customers, and the decision will see WorldxChange become a Unified Communications Centre of Excellence for Vodafone, showcasing our design and development know-how.
“We’re combining our existing product set, technical capability and pre-sales expertise with Vodafone’s sales and marketing competence and highly-skilled Technology Team, to deliver leading products and services to Enterprise customers,” he said.
News of the acquisition has been welcomed by the industry. Broadsoft CEO, Mike Tessler congratulated Vodafone on the deal today;
We congratulate Vodafone on today's acquisition of WorldxChange - a longstanding BroadSoft channel partner that has built up significant expertise in next generation telephony and unified communications.
“By bringing WorldxChange's exceptional team into the fold, Vodafone is now strongly positioned to offer our superior UC-One platform and further differentiate its offering from competitors."
WorldxChange will become a wholly-owned Vodafone subsidiary, governed by a combined Board of representatives from both WorldxChange and Vodafone NZ.
Video describing who WXC were.
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WorldxChange (WXC) was set up in 1995 as local subsidiary of US telecommunications company CTS. In the early days, we specialised in Toll Bypass telephony and were instrumental in reducing the cost of international phone calls to the Kiwi mass market in the late '90s.
In 2001, the original NZ management team bought the local company and it has been 100% Kiwi-owned and operated ever since.
In 2004, we launched the first fully converged IP-based telco network in the country. At that time we had the foresight to identify and choose best-of-breed technology partners who have since emerged as global market leaders in their respective fields.
Since then we have built up an extensive amount of expertise in next generation telephony and we are viewed by both customers and industry peers as the leading exponents of SIP Trunking and Hosted IP voice services in the country.
Today, WorldxChange is a market-leading 100% Kiwi-owned and operated telecommunications company providing high reliability IP-based voice services to Government and large commercial businesses across the country as well as servicing the mass consumer market with innovative converged voice & internet products.
Our customer portfolio includes such entities as IAG Insurance, Auckland Rescue Helicopter Trust, Transpower, Reserve Bank, EQC, Navman and the Greater Wellington Regional Council.
In 2013, we consolidated our "WorldxChange" and "Xnet" brands under a single "WXC" brand in recognition of our growing Residential and Corporate/Government portfolio.
In June 2015 WorldxChange became a wholly-owned Vodafone subsidiary. Vodafone’s Chief Executive Officer, Russell Stanners, said, “This is a really exciting move for us. WorldxChange is a world-class kiwi company specialising in converged unified communications services and its deep experience and 15-year proven history of delivering high-quality innovative solutions is a great complement to our existing business."
WXC believe that technology advances made within our industry should translate into telecommunications services being more flexible, easier to manage and a lot less expensive for customers - regardless of their size.
Our core management team are also the owners of the company and we care passionately about every aspect of the business. We're not satisfied with simply providing a telephone service. The products must perform well, be easy to use and more intuitive than any others on the market.
The open, family-like environment at WXC encourages good old Kiwi ingenuity and out-of-the-box thinking and we can tailor products to suit individual needs as well as react quickly to resolve issues.
Leveraging our extensive experience in IP telephony, the team knows no bounds to finding solutions to their customers problems.
Inveniemus viam aut faciemus
"We will find a way or we will make one”
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