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:
President, Alekstra Corporation
+1 917 975 7219, +358 45 111 2222
VP, Sales & Marketing, Alekstra Inc.
+1 646 464 0987
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.