Tuesday, July 29, 2014

BT Business Selects RingCentral's Cloud Phone Platform

BT Business has selected the RingCentral platform for a new generation of cloud business phone systems in the UK. Beginning early next year, the cloud phone system will be offered through BT Local Business, a network of independent BT businesses across the UK, and through BT's dedicated telesales call centers.

John Thorneycroft, Managing Director, Commercial and Marketing at BT Business said: "UK businesses are looking for a new generation of solutions to meet the rapidly changing communications needs of their distributed and mobile workforce. RingCentral brings unique cloud solutions with unparalleled ease of use and management, combined with a rich set of capabilities.”

The new generation of RingCentral’s cloud solution is now available with HD video and web conferencing.

Separately, RingCentral announced Q2 revenue of $52.8 million, up 40% from the second quarter of 2013. Service revenue was $47.9 million for the second quarter of 2014, up 39% from the second quarter of 2013. Product revenue was $4.9 million for the second quarter of 2014, up 52% from the second quarter of 2013. Net income (loss) per diluted share was ($0.20) for the second quarter of 2014 compared with ($0.60) for the second quarter of 2013.

RingCentral is headquartered in San Mateo, California.

http://www.ringcentral.com