Activeport Group signs major Asian telco, GOIP
Key points
- GOIP adopting ATV's Global Edge platform expected to bring substantial new recurring revenue
- Global Edge will connect Australia to GOIP's extensive network across Asia and beyond
- Reinforces ATV's international strategy for Global Edge as a recurring revenue growth driver
Full summary
Activeport Group Ltd (ASX: ATV) announces that GOIP Globalnet has signed on to the Global Edge portal to purchase Direct Internet Access (DIA) and Data Centre Interconnect (DCI) connectivity across Australia on Activeport's Global Edge network. GOIP is a licensed carrier group with regulated operating entities across Asia-Pacific, Greater China, the United States, Japan, and Germany. The agreement validates Activeport's new international strategy for Global Edge as a substantial recurring revenue growth driver for ATV. Starting in Australia, GOIP will use Global Edge to automate purchasing, provisioning, billing, and management of network circuits for their enterprise customers. The agreement is for an initial term of 36 months, with no minimum purchase volume.
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