Telecommunications wholesaler and franchisor, Telcoinabox has signed a wholesale agreement with Telecom Wholesale to become the first mobile virtual network aggregator in New Zealand's fastest 3G network. The three year deal is projected to generate $30 million in revenue and will enable Telcoinabox to wholesale mobile voice and data services on the W-CDMA network.
Telcoinabox NZ CEO Shannon Fisher said “We have seen strong growth in mobile data and voice with mobile substitution for landlines, and with an expected growth in excess of $400 million over the next two years this makes mobile a key product for our service provider’s success.”
The deal is expected to appeal to SMEs, associations and unions, resellers and corporations that see the commercial potential in offering telecommunication packages under their own brands to existing customers.
“We have been in discussions with Telecom New Zealand about rolling out mobile since we launched Telcoinabox in New Zealand in April 2009 and we were keen from the outset to jump on the W-CDMA network but we wanted to wait until the initial network start up problems were ironed out, which are usual with any new system,” said Fisher.
“By expanding our product portfolio combined with our support, our service provider network achieves wide network coverage and the highest Internet speeds in the country.”
Nick Clarke, Telecom wholesale general manager marketing said “By partnering with Telcoinabox we hope to broaden the availability of our W-CDMA network to more markets.
“We are excited by the potential of Telcoinabox based on the success of its massive growth in Australia servicing more than 50,000 residential and business customers. We also see a great future in wholesale customers. As companies realise that offering telecommunication services to their existing customers can create an additional profit centre for their businesses, we see ourselves as the ideal network partner for Telcoinabox to reach this market.”