VOIP Services Company Investment Opportunity in London, United Kingdom

UK based business allowing long distance affordable calling with or without internet via mobile app.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1 million
EBITDA Margin
8 %
Industries
Mobile Apps + 1 more
Local Time
10:28 AM England
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 600 thousand for 10.0% stake (Native Currency: GBP 500,000)
Reason: R&D, Marketing, Sales and Operations.
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- This business allows people can make calls with and without internet through the app.

- UK and Italy have been launched so far. Netherlands and France are going to be launched by about June 2017.

- The app is specific for each country i. e. in Italy, it is in Italian, with an IVR in Italian, and denominated in Euros.

- These calls are much cheaper than competitors.

- 100,000 subscribers in UK and Italy so far.

Products & Services Overview

2016-17: 100k Subscriber with more than 30 million minutes.

Available at Paypoint in UK (39k outlets) and SISAL Italy (45k outlets)

UK Soft launch – May 2016 and Complete launch December 2016.

Italy Soft launch – August 2016 and Complete launch – October 2016.

Italy – 75k subscribers and UK – 25k subscribers.

Month on Month growth of 5% in regards to subscribers and 8% in calling minutes.

Growth of 15% in Mobile recharge services.

Next Phase in 2017 – Netherlands, France, Belgium, Austria and Germany.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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