We are really excited to let you know that that we have closed an agreement to buy Omega Telecom a licensed telecom carrier based in Cyprus.
In the past few years we acquired a number of call centers based in Cyprus as customers and became familiar with the local telecom market. These call centers enjoy our unique services such as Local Phone Numbers in 50 countries with Dynamic Caller ID. With Dynamic Caller ID, call centers see a tremendous rise in calls answered and sales closed!
While there are 6-7 other active licensed carriers in Cyprus, there is plenty of room for innovative services such as those offered by our company. So when the CEO of Omega told us that he is interested in selling the company, it did not take us long to make an offer.
Why are we excited? Well for a number of reasons. Cyprus has become a major financial center due to it’s central location, membership in the EU and low tax rate. Many of these companies can profit from our IP services.
In addition we will now have our own range of geographic, premium (900), national (77) and toll free (800) numbers. In many cases we can offer a substantial payback for use of our numbers, which makes it even more profitable.
In the next few weeks we will finalize our plan and hire a local sales team. We are looking forward to becoming a major force in the Cyprus telecom market. Please contact me for more information. I will be happy to discuss with you more details!