RingCentral (RNG) Announcement Strategic Partnership Announcement with Vodafone Business

Strategic Partnership Overview - RingCentral and Vodafone Business are partnering to offer a co-branded cloud-based Unified Communications as a Service (UCaaS) solution and Contact Center as a Service (CCaaS)[2] - RingCentral will be Vodafone's lead UCaaS solution for its global customer base of 30M+ customers[9] - The new co-branded solution will be delivered on RingCentral's Message Video Phone platform[9] - The partnership includes joint development capability to drive product roadmap, innovation, and go-to-market strategies[9] - The solution will initially be available to business customers in the UK and multinational customers in Europe in 2021[9] Vodafone Business Key Metrics - Vodafone Business' network reaches 182 countries[6] - Vodafone Business is the largest wholesale voice carrier, handling >56 billion minutes per year[6] - Vodafone Business has Europe's largest 5G network with 1,000+ cell sites in 100+ cities[6] - Vodafone Business has 30M+ mobile Business Customers, 140,000 UC Customers, and 112M+ IoT connections[6] - Vodafone Business serves 2.5M Customer SOHOs, 500,000 SMEs, 65,000 Large Enterprises, and 1,400 MNCs[6] Unique Strategic Partnership Advantages - Vodafone Business brings a global brand and leading network footprint, a broad global customer base, and leadership in Mobility and 5G, SD-WAN, UC, and IOT[12] - Vodafone Business offers mobile-first compelling bundles, customers of all sizes, and proven experience in providing Managed & Professional services[12] - RingCentral provides a leading Message Video Phone UCaaS platform, a complete CCaaS solution, a global delivery footprint, and an open platform with 5K app integrations & 50K developers[12]