Industry Updates

'SAMENA Daily' - News

Crexendo and TELCLOUD launch new telecom solution

Crexendo , Inc. (NASDAQ:CXDO) has teamed up with TELCLOUD to introduce a POTS Replacement platform. This collaboration aims to provide Crexendo's partners with a seamless and cost-effective alternative for essential services such as fire alarms, security systems, and elevators.

Jeff Korn, CEO of Crexendo, emphasized the importance of the new platform, stating that it not only meets the immediate need for a POTS alternative but also enhances communications services with advanced features. Korn highlighted the integration with the Netsapiens platform, which he believes gives partners a significant advantage in the market.

The partnership is poised to address the increasing demand for affordable telecom solutions, especially as local exchange carriers raise prices on traditional dial-tone services by up to 1000%. Crexendo's offering is positioned as both affordable and reliable, aiming to give partners a strategic edge in the market.

Jake Jacoby, CEO of TELCLOUD, expressed enthusiasm about the partnership, which combines TELCLOUD's innovative solution with Crexendo's rapidly growing Unified Communications as a Service (UCaaS) platform that serves over four million users. The collaboration is expected to expand the reach of TELCLOUD's POTS line replacement solution and meet the evolving needs of the telecom industry.

This announcement follows TELCLOUD's recent demonstration of its Communication Platform as a Service at the Crexendo User Group Meeting, a NetSapiens Platform Event, which took place on October 16-19, 2023.

Crexendo, Inc. is known for its cloud communication platform and services, video collaboration, and managed IT services, supporting millions of end users globally. TELCLOUD specializes in CPaaS for large Telecommunication Providers, offering white-labeled POTS Line Replacement and Wireless Services with direct Netsapiens integration.



Source: https://www.investing.com/news/stock-market-news/crexendo-and-telcloud-launch-new-telecom-solution-93CH-3302308

ATTENTION