For Immediate Release: 21/06/2021
London, UK: XConnect, the leading provider of trusted global telephone number information services, has announced the sale of its wholesale voice interconnect business division – XConnect Carrier Services Ltd. This divestiture has been planned since 2019, when a strategic company reorganisation was implemented to separate the legacy wholesale interconnect business and the number information services divisions, and enable them to operate as independent business entities.
The voice business has been sold as a management buy-out, led by Peter Dunbar the Head of Voice Services for the past 4 years, together with Terry Smith, Head of Account Management. Voice customers will not notice any changes to the day to day running of the business. It will be renamed as 121 Comms Carrier Services, in due course.
Peter commented, “I’m excited about leading this next chapter for the voice business and continuing to provide high quality interconnect services to the IP communications market. We look forward to being a customer of XConnect Number Information Services, to enable our optimised number portability based routing and advanced fraud management, based on the XConnect Global Number Range dataset.”
Eli Katz, CEO and Founder, XConnect, added, “I am delighted that we have structured this divestiture as an MBO, with our talented and experienced voice interconnect team. The voice business will be in safe hands and I wish Pete and Terry good luck and every success for the future.”
About XConnect: XConnect optimises global communication services by providing trusted global network and subscriber information, based on privacy compliant phone number data that includes number portability and risk attributes.
It delivers carrier-grade services to the world’s largest Tier 1 operators, including MNOs, business messaging (A2P) hubs, aggregators, carriers and identity/validation providers, processing 18 billion queries a year, and is ISO 27001:2013 certified.
XConnect is an active member of the Mobile Ecosystem Forum and GSMA, and holds a number of patents related to ultra-low latency number information technology, fraud detection and attributes in call signalling.
Learn more here: xconnect.net
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