Press release
Mox Telecom AG: Sets the stage for further growth of its overseas markets
Mox Telecom AG enhances existing Prepaid Calling Card Platform by next-generation technology.- Added VoIP applications strengthen Mox’ market position.
Ratingen, 27th July 2007 - Mox Telecom AG, a global international telephony provider, upgrades its existing prepaid calling card platform by integrating the Cirrus Enhanced Switching Platform from PhoenixSoft Inc. By migrating to enhanced VoIP technology Mox accommodates its new and expanding overseas markets and underpins their achieved strong position.
Mox is going to invest some million Euro in an upgrade of its network to next-generation technology and applications within the next two to three years. That will lay the technological foundation for being up to the mark with the ever growing market requirements worldwide. Furthermore, Mox can efficiently provide a wide range of enhanced and new VoIP and SIP applications for its calling card business. Some specific advantages of the integration of the PhoenixSoft feature set include flexible rating and tariffing, maximum security by location redundancy, streamlined account maintenance and conference calling. That will allow Mox to enter new markets (e.g. Singapore, Hong Kong / China and Russia) with new and up to the mark services.
Making this investment, Mox will optimize the use of VoIP based suppliers and by this achieve better and more competitive product and service quality at higher margins at the same time. Because of this the board is expecting an increase of turnover of the US market in 2008 to 24 up to 26 million Euro by up to 5 million Euro. This will lead to an increase of the group’s revenue by up to 10%.
About PhoenixSoft
Founded in 1985, PhoenixSoft develops and deploys a full range of telephony solutions for converged networks. The company provides enhanced switching, client/server-based convergent billing, voice applications such as conferencing and voice mail, and gateway solutions. As a pioneer in next-generation networks and technologies, PhoenixSoft delivers end-to-end, flexible solutions to a wide variety of customers, including small-, medium- and large-sized service providers, carriers and businesses.
For more information, visit http://www.phoenixsoft.com.
Mox Telecom Group, a global international telephony provider founded in 1998, develops needs-based telecommunication products for low-cost, high quality, mobile and fixed line telephony. The company focuses on target groups requiring international telephony applications. As its core business, Mox develops and markets pre-paid telecommunication services. Besides its main calling card business, the company has diversified into mobile telephony. Recently, the company launched a “virtual calling card (MoxMe),” with which users purchase call credit for their mobile phones via SMS. Mox conducts business operations in Germany and several other European countries, as well as in the USA, Canada, Australia, South Africa and the Middle East.
For more information, visit http://www.mox.de/index2.php.
Mox Telecom AG
Kaiserswerther Str. 85
40878 Ratingen, Deutschland
T: 0049 2102-8636-15
F: 0049 2102-8636-56
Mox Telecom Ireland Ltd.
10 Fitzwilliam Square,
Dublin 2, Ireland
T: 00353 1 6615-538
F: 00353 1 6615-508
Contact:
Katharina Kreische
PR/IR & Marketing
E-Mail: presse@mox-ireland.ie
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