MEDIA RELEASE

2 May 2011

Telcoinabox New Zealand signs record number of new service providers

Telecommunications wholesaler and franchisor, Telcoinabox New Zealand has signed 13 new service providers in less than 4-months.

According to CEO Shannon Fisher this is a reflection of business buyers increased understanding of the benefits of operating in telecommunications.

“Our release of mobile voice and data via NZ Telecom Wholesale, W-CDMA network has definitely proven to buyers that telecommunications is no longer an unreachable industry category.

“What’s interesting is that the people who like the concept of being their own telecommunications business owner are families, mother and son and husband and wife teams.

“Many don’t have any telecommunications experience yet come from management and customer service backgrounds.

“They like the idea of being able to offer a personalised service to their customers without worrying about the complexities of running the backend operations of a complicated industry.”

The latest telecommunications providers to join the fold include NZCU in Dunedin, Procomm in Auckland, Necto Communications in Hibiscus Coast, Kingfisher Connexions in Pakuranga and Easytel in Wellington.

“The feedback that we have been getting from our new service providers is that this is their opportunity to create an investment by building an asset rather than buy a job.

“It’s more than just work / life balance New Zealanders seek, which used to be the catch-cry of the early naughties, working is now about creating a safety net for the family to ensure you earn even when you aren’t working, similar to an insurance policy.

“As a Telcoinabox service provider you can achieve this. The more customers you accumulate the higher the recurring revenue. You can upsize the potential as far and beyond as you are motivated to do. It’s that easy.”

Telcoinabox is currently in discussions with additional 11potential service providers, which will bring the company’s sign on target beyond their forecasts for this 2010/11 financial year.

Telcoinabox is on track to becoming the largest telecommunications aggregator in New Zealand.

ENDS.

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