Pivotel to acquire wholesale voice and messaging specialists Voicehub
Pivotel announces that it has entered into an agreement with Swoop Limited (ASX:SWP) to acquire its wholesale voice division, Voicehub. The transaction includes the acquisition of three Swoop subsidiaries, Voicehub Group Pty Ltd, Voicehub Pty Ltd and Harbourtel Pty Ltd.
The strategic acquisition of agile voice service provider VoiceHub reinforces Pivotel's commitment to providing market leading wholesale voice and messaging services across Australia and New Zealand. As an established player in the wholesale telecommunications marketplace, Pivotel provides services via its carrier network with redundant core switching centres in Sydney and points of interconnect in Sydney, Melbourne, Brisbane, Perth, and Adelaide. In addition to the provision of wholesale voice and messaging services, Pivotel’s network also supports its fixed and mobile satellite solutions, private 4G/5G mobile networks and public community networks.
Commenting on the transaction, Peter Bolger, CEO of Pivotel, said, “We are excited to announce the acquisition of the Voicehub business. We believe it’s a great opportunity to expand and strengthen Pivotel’s service offering, sales, and support teams, which will drive long-term growth in our wholesale voice and messaging business. As demand for cloud-based services continues to grow, so does the need to provide quality voice and messaging origination and termination services. Voicehub are specialists in the wholesale voice business and their expertise will assist Pivotel as we continue to develop innovative solutions for the evolving unified communications market.”
The acquisition is subject to customary conditions precedent, including obtaining consents to change of control.
Pivotel is targeting completion on the 1st of July 2024,
About Pivotel:
We support more than 100,000 Australian and New Zealand users who travel or operate outside of mobile phone coverage.
Since 2003, Pivotel has been the only licenced mobile carrier in Australia focused on critical communication services, providing you with reliable and secure satellite and cellular communication solutions that keep you connected everywhere.
