Telesoft Announces Significant Revenue Growth in First Half of 2012
July 30, 2012
By Anil Sharma, TMCnet Contributor
Telesoft, trusted experts in fixed and mobile telecom expense management software and services, has reported 18 percent revenue growth in the first half of 2012 as compared to the same period in 2011. Officials with Telesoft said that the company’s net income was also up substantially due to adding up of customers of both domestic and international stature.
Company officials forecast the growth to remain consistent through the remainder of the year.
“We are excited about growth over the first half of this year, and are looking forward to long-standing relationships with those who have chosen to partner with Telesoft for their telecom expense management needs,” said Thierry Zerbib, chief executive officer and co-founder of Telesoft, in a statement.
“We’ve made significant investments in our sales and marketing activities to promote our telecom expense management solutions, but more importantly we’ve made an equal investment in continuing to improve our solution and services offering,” said Zerbib. “We look to continue this momentum throughout the rest of 2012 and on into the future.”
According to company officials, in the first half of 2012, Telesoft added a number of clients to its portfolio ranging from $30 million to more than $500 million in annual telecom expenditures.
These clients come from a number of different verticals that include technology, manufacturing and government, and continue to solidify Telesoft’s place in the industry – an industry where they have successfully provided fixed and mobile TEM solutions for more than 30 years.
“The service we provide to our clients is highly ranked in the industry, and includes quarterly face-to-face strategy meetings with key Telesoft stakeholders and an annual user conference we hold for our clients,” added Zerbib.
“Time and time again we hear that our clients choose to continue their relationship with us not only because of the value of the solution we provide, but also the added benefit of our experience within the TEM industry. Our growth and stability speaks to that value,” said Zerbib.
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Edited by Rachel Ramsey