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Nixxy’s Auralink AI Announces Up to $120 Million AI-Enabled Reciprocal Telecommunications Services Agreement with a Global Technology Provider
Nixxy’s Auralink AI Enters Multi-Billion Dollar Telecom and Data Sectors
Nixxy Expects to Complete an Undisclosed Acquisition by Month-End
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Hello Everyone,
Today’s profile finished up in the green over 5% and saw a spike in interest on the session. If the first two months of the year are any indication of how 2025 is going to play out then we are all in! I will have to go back through my records as we have been around for a very long time but I do not think we have profiled more double and triple digit winners in a 2 month period.
We have an extremely unique situation that we want to present to you ahead of Tuesday’s session.
Pull up NIXX right away.
Before the end of the year NIXX announced the successful completion of its restructuring process, a pivotal step in enhancing shareholder value and positioning the organization for future growth. The company, threatened with Nasdaq delisting earlier in 2024, has eliminated onerous debt, resulting in increased shareholder equity and value through strategic partnerships with fresh and supportive investor groups, and is now is good standing with Nasdaq, and remains current in its SEC reporting. This restructuring has paved the way for the introduction of a new USA-based CEO, whose operational expertise will drive the company’s strategic direction moving forward.
The restructuring over the past 10 months has not only strengthened the company’s financial foundation but has also generated enthusiasm among industry stakeholders.
What really stands out to us about NIXX is this quote we pulled from their most recent press release:
The Company’s previously discussed business plan to locate an accretive, revenue-generating business or assets for acquisition has come to fruition much more quickly than anticipated. The Company is currently concluding an active transaction negotiation with entities that have generated material revenues and show the promise of substantial growth. The Company expects, but cannot guarantee, closing an acquisition before the end of February.
With the recent changes in the company we think that NIXX could be a ground floor opportunity as they jump into the explosive sector with substantial acquisition.
We will have to wait and see what the company announces when the time comes.
Nixxy’s Auralink AI Announces Up to $120 Million AI-Enabled Reciprocal Telecommunications Services Agreement with a Global Technology Provider
NEW YORK, NY / ACCESS Newswire / February 24, 2025 / Nixxy, Inc.(NASDAQ:NIXX), the “Company” or “Nixxy”, announces that its wholly owned subsidiary, Auralink AI, Inc. entered into a twelve-month contract with Mexedia SpA (website: Mexedia.com), an Italian based technology and communications provider, which is traded on Euronext Growth Paris under the symbol: ALMEX.PA. Mexedia had revenues of 323,871,000 Euros for the year-ended December 31, 2023, per its audited financial statements.
Commencing on or before May 1, 2025, Auralink Al will provide Mexedia SMS services over its newly integrated cloud-based platform that helps carriers and operators aggregate wholesale SMS messaging. Auralink has engineered its port provisioning to scale dynamically and support up to $10,000,000 in revenue per month for twelve calendar months. The Agreement will renew automatically thereafter, subject to either party’s right of termination upon proper notice. Auralink Al will also be layering its enhanced Al platform for dynamic billing and quality and price-based routing, with the multitude of carriers it interconnects with.
Said Miles Jennings, Interim CEO of Nixxy, “We are pleased that so soon after we acquired our AI-enhanced billing software and switching platform, we were able to secure a substantial reciprocal telecommunications contract with an internationally traded public company in Mexedia, SpA. We expect to increase our service capacities in Q2 and Q3 and the Company plans to provide further financial guidance in accordance with Reg FD in the near future.”
Evan Sohn, Chairman of the Board of Directors of Nixxy stated: “As we originally announced in 2024, executing a restructuring of the company, the overarching goal of Nixxy, is to transform traditional businesses with technology in a disruptive manner, thereby profiting from efficiencies. We will continue this expansion every quarter with the goal of additional vertical integration. This is planned to produce higher margins from existing revenues. We will enable growth by providing customers a greater suite of services at highly competitive pricing relative to the marketplace. Utilizing AI to rapidly scale revenues and profitability over the next twelve months gets us closer to our stated goal of building a billion-dollar enterprise.”
Operational Transformation: Nixxy is focused on integrating advanced technology and data-driven insights into the operations of acquired businesses. The Company is currently in advanced discussions with several additional acquisition targets that fit the aforementioned criteria and anticipates additional announcements in the near future, subject to the finalization of agreements.
Building a Strong Leadership Team
Nixxy is building a leadership team with experience in capital markets, mergers, acquisitions, and operational management. Nixxy plans to announce key appointments in the coming weeks.
Upcoming Website Enhancements and Investor Communication
Nixxy is updating its corporate website to reflect its strategic direction. The updated site will provide shareholders and stakeholders with insights into the company’s strategy and focus areas. Filings and press releases can be found at http://www.nixxy.com/investor-relations.
Nixxy’s Auralink AI Enters Multi-Billion Dollar Telecom and Data Sectors
● Enters a Fast-Growing Business Sector with a Primary $15 Billion TAM and 19% CAGRs● Expects its Disruptive Digital Telecom Software and Services Business Revenue to Accelerate in 2025 and Beyond● Company Initially Targets $5 MillionMonthly Revenue Run Rate for Q2 and $10 Million Monthly Revenue Run Rate in Q3
NEW YORK, NY / ACCESS Newswire / February 21, 2025 / Nixxy (NASDAQ:NIXX) (“the Company”), today announced it is entering into the multi-billion dollar telecommunications and data sectors and has completed an asset purchase of state-of-the-art AI integration, billing, Unified Communications, and Contact Center software and systems with related intellectual property (the “Assets”).
In line with the company’s mandate to utilize technology to create efficiencies in fragmented and technology-overlooked sectors, Nixxy identified and acquired a vertically integrated telecommunications and software platform with a focus on billing systems. The jewel in the platform is the integration of AI into the switching, billing, and customer management elements of the communications and data interconnections. The company will offer these AI services under a newly planned subsidiary, Auralink AI, in Q2 of 2025.
The Company is already preparing to deploy its cutting-edge software and telecommunications assets to harness the power of Generative AI and Large Language Models (LLMs) to revolutionize voice and data services for businesses worldwide.
The Company is confident it can deploy the Assets and produce an accelerating rate of revenue growth and earnings power. In March, Nixxy intends to provide initial financial guidance to the public and analysts for the fiscal year and into 2026, which will be filed with the SEC in compliance with Regulation FD.
Concurrent with the transaction, the Board of Directors has elected Miles Jennings, former CEO and CFO of the Company, as interim CEO. Jennings stated, “We are thrilled to have acquired a strategic technology asset that can generate scalable revenue within an industry that offers potentially limitless upside. We’re actively evaluating several other acquisition targets, some of which may complement our new AI software platform for the telecom industry.”
“Our primary strategy to utilize advanced technology to transform traditional industries came to fruition in unexpected ways and, now, we are in the heart of the advanced digital technologies business,” Jennings added.
AI-Driven Innovation for Maximum Business Impact and Earnings PowerWith business communications getting smarter, faster, and more intuitive, Nixxy is now well-positioned out in front of this massive industry paradigm shift to AI. The Company believes its newly acquired AI platform will allow enterprises across telecommunications, financial services, healthcare, insurance, travel, and hospitality to harness the full potential of AI-powered voice and data services. By seamlessly integrating Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS), businesses globally will be equipped with the intelligence they need to drive exceptional customer experiences and maximize their ROI.
$14.21 Billion TAM: Telecom “Investing Heavily in Revenue Management Solutions”According to analysts in this Mordor Intelligence research report, the global telecom billing revenue management market was valued at $14.21 billion in 2024, and is expected to grow at a 9.43% CAGR through 2029 to approximately $20.91 billion.
Additional analysis of the Company’s UCaaS and CCaaS addressable markets follows:
Nixxy Digital Telecom UCaaS and CCaaS Total Addressable Markets (TAM)Grand View Research reports the global unified communication as a service market size was estimated at USD 87.39 billion in 2024 and is expected to grow at a CAGR of 19.8%from 2025 to 2030, reaching $262.6 billion. The growth of the unified communication as a service (UCaaS) market is driven by the increasing demand for efficient and integrated communication solutions among businesses. Organizations are recognizing the need for seamless collaboration tools that enhance productivity and streamline operations, especially in an era marked by remote and hybrid work models. Additionally, the rising emphasis on customer engagement and improved employee collaboration further fuels the demand for UCaaS, as businesses seek to enhance their communication infrastructure to stay competitive in a rapidly evolving marketplace.
NEWS
Nixxy’s Auralink AI Enters Multi-Billion Dollar Telecom and Data Sectors
3 days ago
Nixxy Expects to Complete an Undisclosed Acquisition by Month-End, Withdraws BTC Financing
5 days ago
Nixxy Commences Private Offering of up to $50 million of Bitcoin Secured Convertible Notes
Jan 21, 2025
Nixxy Appoints Capital Markets Veteran Debra Chen Volpone to CEO and Board Member
Jan 3, 2025
Restructuring Complete, Bringing Shareholder Value with New USA-Based CEO Imminent
Dec 23, 2024
Nixxy Withdraws Record Date for CognoGroup Spin-Off
Dec 4, 2024
Nov 1, 2024
Nixxy Announces CognoGroup Spin-Off Plans
Oct 18, 2024
Nixxy Signs Letter Of Intent to Acquire Privately Held Company in the Wholesale Gifts Business
Oct 17, 2024
Nixxy Issues Shareholder Update For Strategic Focus And Acquisition Progress
Oct 17, 2024
MANAGEMENT
Debra Chen Volpone
Ms. Volpone brings a wealth of experience in capital markets, corporate governance, and global business leadership to her role as CEO. Most recently, she served since 2013 as Director for a leading, Los Angeles-based boutique corporate communications firm. Previously, she was president of Oxford Metrica, a UK-based financial consulting firm specializing in board advisory, due diligence for M&A, and risk analytics for banks, insurers, and asset managers.
Earlier in her career, she was executive officer of Nasdaq-listed China Cablecom Holdings, where she played a pivotal role in driving shareholder value and operational growth. From 2008 to 2011, she served as president of China Networks International Holdings, a publicly traded media company that provided global advertising services. Ms. Volpone is founder of Icon Media, a strategic consultancy serving clients in U.S.and global markets. Initially, she began her career on Wall Street at Lehman Brothers and JP Morgan, where she specialized in global derivatives and currency swaps.
She earned her B.S. in Finance from Binghamton University’s School of Managementand studied accounting at the University of Melbourne. Additionally, she completed the Harvard Business School’s executive program, focusing on corporate boards.
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