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Gotalk Acquires Rival World Telecom

Gotalk Acquires Rival World Telecom

 


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In announcing the acquisition, Gotalk CEO Steve Picton said he expected the deal would substantially boost his company’s  annual phone card sales currently averaging around $100 million a year from E-Pay, Touch Terminals, DialTime and more than 30,000 Retail Outlets such as newsagents, convenience stores, telco specialists, electronic terminals and Australia Post offices.

The company racked up sales in excess of $165 million last year and handled over a billion international call minutes – which equates to about 20 per cent of all Australian outbound international telco traffic

Gotalk has also established strong corporate partnerships with Harvey Norman, BP, Caltex, Woolworths, Coles, Domayne, Dick Smith, Tandy and Harris Technology.

“World Telecom is a significant phonecard services company in Australia, and its cards are available on E-Pay, Touch Terminals and shortly on DialTime, and have strong representation in Retail Outlets,”Picton said.

 “This acquisition adds to gotalk’s strong performance in the prepaid phonecard space, coming off the recent acquisition of Telstra’s International phonecards Say G”Day and Super Buzz. And will add to the portfolio of cards that cover all the international calling needs of consumers”, he added.