ATLANTA, Feb. 24, 2020 /PRNewswire/ -- Lingo
Communications, LLC ("Lingo"), a leading global Cloud/UC and
managed service provider dedicated to serving the SMB, Carrier and
Consumer markets, announced today the results of its January 2020 sales bookings and sales pipeline
wins which were the best in company history.
Lingo's sales channels (Inside & Outside Sales, Channel
Partner, and Carrier Sales) collectively achieved an overall sales
booking increase of 58% compared to the sales results from
December 2019 and a 79% increase
compared to the sales results from January
2019.
In addition, the pipeline of unsold revenue for all sales
channels at the end of January 2020
reached an all-time high at $10.6
million of total contract value. Collectively, that is
a 108% increase compared to January 2019. With this early Q1
'20 success, we now expect full-quarter 2020 sales results to
exceed our previous expectations.
Chuck Griffin, Lingo's President
and CEO, said, "The increase of both January
2020 sales bookings and the pipeline of unsold revenue
reflects the hard work we have put into refining our products,
services and sales channels to enhance our customer experience.
Because of this significant success, we now plan to add two new
Partner Channel management positions in Q1 '20, with more additions
planned for Q2-Q4 '20."
The SMB segment sales growth included more sales bookings of
Cloud/UC, Managed services, Broadband services, Legacy services and
Wireless services. The sales booking increase was evident in
all three of its sales channels - Inbound, Partner and
Outbound. In addition, the SMB sales pipeline of unsold
revenue at the end of January 2020
stood at a record $4.3 million of
total contract value. "We are thrilled with the results of
this past month; every single sales channel had significant
growth," said Chris Ramsey, VP SMB Sales. "With a
best-of-breed Cloud/IP-Network that spans North America, a robust product set and
superior customer on-boarding team, it is easy to understand why
customers choose Lingo."
The Carrier division continued to see significant growth from
both new customer turn-up and existing customers. The
increases came from both the Domestic and International teams and
saw positive momentum across all product segments. "Both our
strategic partner and direct sales organizations have been very
successful in adding new customers and growing existing customer
relationships," said Jason Welch,
EVP of Carrier Sales. The Carrier pipeline of additive
customer revenue has been growing consistently and at the end of
January stood at a record $6.3
million of projected top-line value.
About Lingo
Lingo is a leading global Cloud/UC and managed service provider
to the SMB, Carrier and Consumer markets. Lingo provides
modern, efficient, IP-based voice, data, managed services and
network services to customers around the globe. Lingo owns
both a nationwide Cloud/UC communications network as well as an
expansive North American FG-D network serving many of the largest
global Carrier customers. More at lingo.com.
Press Contact
Chris Ramsey
chris.ramsey@lingo.com
470.401.0040
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SOURCE Lingo Communications, LLC