Release

Release 2014-11-28

Alekstra continues in the Deloitte EMEA FAST 500 list

LONDON  28-11-2014

The Deloitte Technology Fast 500 EMEA pre-eminent technology awards program is a ranking of Europe, the Middle East, and Africa’s fastest-growing technology companies based on percentage revenue growth over five years. Combining technological innovation, entrepreneurship and rapid growth, Technology Fast 500 companies — large, small, public, and private — span a variety of industry sectors, and are transforming the way business is done today.

Alekstra ranked 67^th in FAST 500 this year, compared to 74^th place it had previous year. Continuous focus on customer experience, investments in technology and robust focus on growth has enabled Alekstra to fulfill the market need for transparent and efficient mobile telecom services.

More information from here

Release 2012-03-14

Alekstra takes part in startup promotion trip in the USA with Alexander Stubb

New York, 14. March 2012. Alekstra and 26 other start-up firms from Finland are travelling with Alexander Stubb, Minister for European Affairs and Foreign Trade of Finland, in the USA. The intention of the trip is to promote Finnish firms to US investors and clients. The delegation started the day with ringing the NASDAQ Stock Market Opening Bell. Later this week the delegation heads to the Silicon Walley for visits at Microsoft and Facebook.

Toni Toikka, CEO Alekstra Corporation and other Finnish start-up firms at Nasdaq with Minister Stubb.

SEE VIDEOS:

Foreign Office 2012-03-14: FinnvasionUSA

Nasdaq 2012-03-14: Minister for European Affairs and Foreign Trade of Finland Rings The NASDAQ Stock Market Opening Bell

Release 2012-03-12

Finnish government takes initiative to support export of leading edge Finnish mobile technology

Prime Minister Jyrki Katainen and Minister for European Affairs and Foreign Trade Alexander Stubb open Brazilian government doors enabling Alekstra, fastest growing entrant in Finnish mobile operator services field to take giant leap towards being forerunner of virtual operator service in Brazil after the change of legislation allowing more competition in Brazilian telecommunications market. This was one of the concrete outcomes of the second largest business delegation in Finnish history taking place in mid February.

Technology developed by Alekstra enables large multinational enterprises to consolidate acquisition of their mobile phone services into one global platform instead of contracting directly with each operator in every country. Delivering significant cost saving on phone bill by service plan optimization and easing the transactional complexity of dealing with hundreds of different phone bill formats which are now processed through Alekstra’s global platform are the first steps towards global virtual operator eliminating astronomically high cost of using mobile phones outside home country, referred also as roaming.

Member of the business delegation, Outotec CEO, and a former Chief Technology Officer of Nokia, Pertti Korhonen comments Alekstra’s business to be truly revolutionary. Outotec, the world leading minerals and metals processing technology company operates in dozens of countries is one of the satisfied users of Alekstra’s platform. Mr. Korhonen told that for Outotec, with more than 60% of the phone bill on roaming, this is going the be next best thing after expansion of mobile phones. “Employee traveling and using phone outside home country can easily generate bill of thousands of euros just in few days. For Outotec Alekstra’s technology could mean cutting phone bill into half in three years.”

Alekstra CEO Toni Toikka tells about the importance of help from high level political influencers. Growing to be a global service provider in the highly regulated and protective mobile operator market requires political support. Alekstra has been able to expand to 12 countries so far but entering the fastest growing, high roaming cost markets like Brazil and China is challenging without the support of the highest political levels. “This kind of collaboration between business and politics has been one key factor behind many blooming international enterprises. This is easily forgotten over time therefore I wish to state my gratitude towards the Ministers for the support to the business delegation”.

For more information, contact:

Toni Toikka
CEO, Alekstra Corporation
toni.toikka@alekstra.com
+358 45 111 2222, +1 917 975 7219

Release 2011-12-19

Finnish-Based Alekstra Secures Contract to Reduce Mobile Telecom Costs for the State of Connecticut in the United States

Stamford (CT) / Helsinki; December 19, 2011. A new entrant in the wireless operator market, Finnish-based Alekstra, has achieved a significant foothold in the United States. Alekstra commenced business in the United States in April, 2011, with offices located in Stamford, Connecticut. Alekstra rose to the top of a highly competitive public bid process issued by the State of Connecticut to select a partner to reduce costs in the State’s overall mobile phone expenditure.

The three-year initiative covers approximately 85 government state agencies that provide public services for a population of approximately 3.5 million state residents. The State has an annual telecommunication spend of approximately $33 million (EUR 25 million). The value of the contract to Alekstra is tied to savings delivered to the State.

Alekstra has already established a strong market position in Finland – with roughly 100 customers served in its home country that have shaved an average of 37 percent off their annual phone bills with the help of Alekstra’s technology.

“This is an indication of how Alekstra’s business model is able to seamlessly translate to the United States – the world’s most competitive market for our services. The first hurdle we passed was meeting the State of Connecticut’s stringent requirements for its vendors. Although we are still in the process of building our brand in the United States, our leading-edge technology, focused approach, and clear business model convinced the State to award this contract to Alekstra” said Alekstra’s President and Founder, Toni Toikka.

For more information, contact:

Toni Toikka

President, Alekstra Corporation

toni.toikka@alekstra.com

+1 917 975 7219, +358 45 111 2222

Tero Kuittinen

VP, Sales & Marketing, Alekstra Inc.

tero.kuittinen@alekstra.com

+1 646 464 0987

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Information about Alekstra

Founded in Finland in 2005, Alekstra is creating a new market space in the wireless operator business. As a virtual operator, Alekstra’s mission is to provide customers with wireless traffic from their preferred network operator for the lowest possible cost. The service is based on Ratemizer™ data analysis software developed by Alekstra.

In the Intelligent Phone Bill™ service model, Alekstra identifies the most cost-efficient operator rate plans based on each subscription’s actual wireless usage, streamlines the customer’s invoice handling process, and provides state-of-the-art tools for effective monitoring of the phone policy.

Currently, Alekstra serves customers in 12 countries and enables customers to manage mobile services for more than 30 different operators. The company has offices in Helsinki, Finland and Stamford (CT), USA.

Alekstra’s President and Founder Toni Toikka is also the main shareholder of the company. The Chairman of the company is Matti Copeland, the U.S. operations are headed by Tero Kuittinen and the Finnish operations by Jani Puroranta.