In February 2022, we entered into a commercial agreement to merge our Voice assets with 42com International LTD, UK-based global voice wholesale specialist.
The combined powerhouse achieved consolidated revenues of Euro 180 million and terminated over 2 billion minutes in 2021. This agreement, which will take effect on May 1st 2022, will be performed under 42Com legal entity and will give us a material upside under current market conditions.
This partnership will enhance 42Com’s global reach and network in Europe and the CIS, which will complement its recent expansion in the Americas.