0
IT

iWay grows FY revenues 22 percent, partners Google for cloud services

Thursday 14 March 2019 | 12:39 CET | News

iWay, a Swiss ISP based in Zurich, said it again posted double-digit revenue growth in 2018. Revenues increased by 22 percent to CHF 26 million. In the core segments of internet access and VoIP, the growth was 29 and 41 percent, respectively. Thanks to process optimisation, iWay also improved its profitability, so that EBITDA improved by 44 percent. Simultaneously with the FY results iWay announced launch of Zurich data centre services, based on a cooperation of the iWay parent company SAK (St. Gallisch-Appenzellische Kraftwerke) with Google.

The recently signed Cloud-Interconnect partnership between SAK and Google allows SAK's subsidiary iWay and RZO (Rechenzentrum Ostschweiz) to offer cloud services. iWay clients can thus extend their private enterprise networks with Google Cloud. The hybrid systems can optionally be sourced from RZO servers or Google data centres. iWay aims to develop its services further with Google in the field of cloud migration and infrastructure and will work towards the necessary Google certifications. 

Through the certification as a Google Infrastructure and Cloud Migration Partner, iWay would complement its product portfolio for servers, virtual machines and storage, with automated container-based and SQL-DB products. iWay wants to serve as a one-stop shop for cloud services, including consulting for optimal use. The partnership with Google provides iWay also access to very specific services from the fast developing areas of artificial intelligence, machine learning and natural language processing, the company said.

The proven partner model of iWay, with currently 97 sales partners and 163 wholesale partners, remains an important pillar of the sales strategy of the full service ISP. In 2018, the revenues via partners increased by 27 percent to CHF 13.7 million, or 53 percent of the total revenues. The success of the partner business was also the effect of the automation service Virtual ISP, introduced in 2018. With the service Virtual ISP the wholesale partners set up and manage automated fibre and DSL orders on all city networks and the Swisscom network for their customers on a special partner portal, without having to set up network connections themselves or having to conclude contracts with Swisscom or other city networks. 

In 2019, the company expects again double-digit growth, resulting from 20-25 percent growth in FTTH, higher transmission speeds in copper cables thank to technologies such as Gfast (up to 500 Mbps) as well as demand for VoIP telephony from both private and business customers.



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed / IT
Companies: Google / Iway / Swisscom
Countries: Switzerland
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Google opens cloud region Zurich

Published 15 Mar 2019 09:37 CET | Switzerland
Google launched its cloud region Zurich, as the sixth region in Europe, after elgium, the UK, Germany, the Netherlands and ...

iWay offers services on municipal fibre-optic infrastructure in Lindau

Published 20 Oct 2018 20:38 CET | Switzerland
Swiss operator iWay is now providing services on fibre-optic infrastructure in the canton of Zurich. iWay has become available as ...

iWay names marketing and product chief

Published 31 Aug 2018 14:01 CET | Switzerland
Swiss operator iWay announced the appointment of Henry Salzmann (56) to the newly created position of Head of Marketing and ...

iWay's FY revenues rise 34%, pulled up by Virtual ISP service

Published 23 Apr 2018 14:27 CET | Switzerland
Swiss ISP iWay posted revenues for 2017 at CHF 21.3 million, which represents a 34 percent year-on-year growth. The company also ...





Calendar   /   Industry Events

18 Mar NII Holdings Q4 2018
18 Mar Cellcom Q4 2018
18 Mar Enterprise Connect
18 Mar Report: Dutch Television Market 2018-Q4
19 Mar Huber+Suhner Q4 2018
19 Mar Iliad Q4 2018
19 Mar TPG fiscal H1
19 Mar MTS Q4 2018
19 Mar Xiaomi Q4 2018
19 Mar China Telecom Q4 2018
19 Mar Nvidia Annual Investor Day
19 Mar Oi EGM
20 Mar Micron Technology fiscal Q2
20 Mar ZTE EGM
20 Mar Report: Dutch Fixed Telephony 2018-Q4
21 Mar Cyfrowy Polsat Q4 2018
21 Mar China Mobile Q4 2018
21 Mar CK Hutchison FY2018
22 Mar Telenet AGM
24 Mar 6G Wireless Summit
25 Mar Cheetah Mobile Q4 2018
25 Mar Freenet Q4 2018
25 Mar Apple press conference
::: More Calendar Items