Modern software provider automating billing
and provisioning for telecommunications customers worldwide
TORONTO, Feb. 23,
2024 /CNW/ - Today Wavelo—a modern software
company providing flexible solutions to communication service
providers (CSPs) globally—announced that it has signed three new
customers: CFaith, DayStarr and Truespeed.
Launched in January 2022, Wavelo
launched with DISH Wireless and Ting Internet as anchor customers
and has been building an irrefutable track record of success with
CSPs ever since. The company's goal is clear: to help its customers
achieve growth, reduce operational costs and improve time-to-market
for products and services by introducing modern and flexible
software.
"Our products were specifically designed to help telecom
operators achieve their business goals, find more value, and find
it quickly," explained Neil Shah,
Chief Product Officer, Wavelo. "We've invested in a modular tech
stack that deploys significantly faster than industry standard and
have done so at a subscriber-based cost that suits operators of
every size. So whether a customer is using a specific Wavelo
product or a full platform integration, we can help optimize their
billing, provisioning and service operations."
By automating mobile and internet billing and provisioning,
Wavelo's customers can focus their energy and resources away from
constant technological upgrades and instead on providing a great
experience for their subscribers.
CFaith, DayStarr and Truespeed are the newest additions to
Wavelo's impressive client roster, which includes CSP companies and
enterprises of every size.
"DayStarr selected Wavelo to reimagine the way we interact with
our customer billing and subscription management," said
Collin Rose, President, DayStarr.
"We value their thoughtful and modern approach through their event
driven architecture. We are grateful for our new partnership."
Most recently Wavelo released a new case study on its
partnership with DISH Wireless. The company was also just awarded
three Best in Biz awards, notably including "Bronze in
Fastest-Growing Company of the Year - Medium" and "Bronze in Most
Innovative Company of the Year - Medium."
As part of its fiscal 2023 results, Wavelo reported
unaudited $38.7 million USD in
revenue, $36 million USD in gross
margin and over $10 million USD in
adjusted EBITDA. The company has realized over a 50 per cent
compound annual growth rate in revenues over the last two years
from continued subscriber growth on its platform within an industry
where many other B2B SaaS companies growth rates have halved.
On February 28, 2024 Wavelo's
CEO, Justin Reilly, will be
presenting "The Telecom Stack of the Future" at Mobile World
Congress (MWC) Barcelona alongside
Rob Bennett from DISH Wireless. For
those attending MWC, you can register for the event here.
Wavelo is a subsidiary of Tucows Inc. (NASDAQ: TCX, TSX: TC). To
learn more about Wavelo, its mission and full software suite,
please visit wavelo.com.
About Wavelo
Wavelo, a division of Tucows (NASDAQ: TCX, TSX: TC), is a
modern, cloud-based platform designed to radically simplify OSS/BSS
technology management and improve internet access worldwide.
Serving communication service providers globally, Wavelo offers a
suite of flexible software to enable mobile and internet access,
provisioning, billing, subscriptions, and more. Connecting
disparate business and operational systems and seamlessly
integrating into operators' existing infrastructure, Wavelo enables
operators to keep pace with network innovation and focus on
providing a superior customer experience. Learn more at
wavelo.com.
About Tucows
Tucows helps connect more people to the benefit of internet
access through communications service technology, domain services,
and fiber-optic internet infrastructure. Ting (https://ting.com)
delivers fixed fiber Internet access with outstanding customer
support. Wavelo (https://wavelo.com) is a telecommunications
software suite for service providers that simplifies the management
of mobile and internet network access; provisioning, billing and
subscription; developer tools; and more. Tucows Domains
(https://tucowsdomains.com) manages approximately 25 million domain
names and millions of value-added services through a global
reseller network of over 35,000 web hosts and ISPs.
Hover (https://hover.com) makes it easy for individuals and
small businesses to manage their domain names and email addresses.
More information can be found on Tucows' corporate website
(https://tucows.com).
Tucows, Ting, Wavelo, and Hover are registered trademarks of
Tucows Inc. or its subsidiaries.
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SOURCE Tucows Inc.
