MNF Grou(ASX:MNF) has also positioned its entry into Singapore is part of wider plans for expansion into Asia as the company capitalises on the “global growth” of unified communications.
MNF says Symbio is the first fully inter-connected carrier to build network capabilities in Singapore for more than 20 years and Symbio’s wholesale IP-network will enable nation-wide calling and number porting so customers can easily move phone numbers off legacy networks and into the cloud - providing the “freedom and flexibility to move numbers between providers - especially from incumbents - to deliver advanced unified communication solutions”.
CEO of MNF Group, Rene Sugo flagged further plans for Asian regional expansion.
“We have big plans to bring our home-grown innovation and expertise to other countries in Asia. The pandemic has accelerated the global adoption of advanced unified communications services and heightened the role MNF Group plays in unlocking those services for technology innovators, enabling them to do business in new markets.,” Sugo said.
“This is just the beginning of a wider journey as we look to deliver our solutions and enable more people to enhance their unified communications and make it easy for users to move into the telco space without relying on legacy providers.
“MNF Group’s entry into Singapore is part of the company’s wider plans for expansion into Asia as the company capitalises on the global growth of unified communications (including CPaaS and UCaaS) which grew by nearly 30% in 2020.
On the foray into the Singapore market Sugo said: “Singapore is one of the most digitally competitive countries in the world but is severely lacking when it comes to advanced unified communications solutions. We are unlocking these capabilities to give users the freedom and flexibility to deliver next-generation communications solutions without relying on incumbent telecommunications providers,”
“This expansion will be a boon for many large businesses who are coming off the back of a strong period of innovation and are now looking to unlock even more capability.
“While opportunities already exist in countries such as Singapore, the technology that Symbio provides creates the building blocks for these companies to successfully launch and grow in the country.
“MNF Group brings almost two decades of innovation and expertise alongside a proprietary technology stack that effectively bridges the gap between telecommunications and cloud-software.
“We’re in market with an offering that offers increased choice and better-quality services for businesses while bringing healthy competition to the telecommunications industry.”