ARBINET-THEXCHANGE LAUNCHES AXCESSCODE WEBSITE
THE SOURCE FOR CALLING CODE UPDATES FROM MORE THAN 1,300 AGENCIES AND CARRIERS WORLDWIDE
NEW YORK – October 17, 2001 –
For leading international telecommunications companies losing a billion dollars a year from mismatches and disputes resulting from the proliferation of calling codes, help is now just a mouse click away at www.axcesscode.com. The website contains information on recent updates by agencies around the world and allows users to download the AXCESSCODESM database, which has rapidly become the world’s standard market reference for international calling code breakouts. AXCESSCODESM is updated every two weeks and has incorporated 2,638 code changes across 67 countries in the past 3 months alone.
Since its introduction, hundreds of international carriers have experienced the convenience and value of AXCESSCODESM finding it to be the authoritative database of today’s complex calling code breakouts.
The complexity of calling code breakouts has proliferated with the growth of fixed, mobile and premium phone services. As a result, telecom companies are suffering as discrepancies in calling code information between corresponding carriers lead to blocked calls, arbitrage and billing disputes. The need for a standardized source of this crucial information has never been greater, but sources of accurate code information are scarce. AXCESSCODESM is the only dynamic, real-time calling code database available within the telecommunications industry. This product gives telecom buyers and suppliers the ability to synch up with one another and maximize profits.
"The work of code management was once relatively easy. However, with deregulation and the increase in premium services, it now requires a full time staff," comments Jan-Joost Rueb, director of business development for Arbinet-thexchange, the developer of AXCESSCODESM. "The real costs, however, come from the discrepancies between all these individually managed lists."
Responding to the popularity of AXCESSCODESM, Arbinet-thexchange launched the www.axcesscode.com web site to provide immediate entrée to information for carriers around the globe. The site allows interested parties to view a sample of the AXCESSCODESM database, and see how it compares to their existing database. The site also acts as an efficient portal through which global carriers, PTTs and regulators can offer code changes and updates.
Universal subscribers of the product can regularly access the site and download the latest version of the database, which is updated every two weeks, as well as a 12-month archive. The universal access subscription fee is $450 a month, billed on a quarterly basis. A single copy is available for $249 and is delivered via email.
"This is the first accurate, authoritative and centralized source of international calling code information available in the market," comments Stephen G. Davis, Arbinet-thexchange’s senior vice president of marketing and strategic accounts. "Standardized code information, like standardized stock ticker symbols, are crucial to enable a fair, efficient trading environment. This information, which is updated regularly and can be downloaded in user-friendly formats, will help eliminate the significant financial exposure that current code management issues create."
Two processes central to all telecom companies are selling access to their networks and routing off-net
traffic to destinations worldwide. Arbinet-thexchange has created the spot market and designed and
built the world’s most advanced system to automate anonymous minutes trading between telecom
companies. The world’s leading telecom carriers use this system to perform dynamic least cost
routing via the spot market to reduce their cost of service and expand revenues by reaching new
markets without extensive network build out.
Thexchange’s system automates sales and purchase order execution, complex calling code matching,
call routing to specific breakout destinations and manages the quality of service of traded capacity.
The system also handles the credit risk management, billing and commercial settlement aspects of
these transactions. Currently over 135 members are using thexchange to process calls at well over a
two billion minute per year run rate. Arbinet-thexchange also develops and distributes AXCESSCODEsm
international calling code breakouts, the standard market reference tool forinternational calling code
breakouts. For more information, visit Arbinet-thexchange at www.thexchange.com.
120 Albany St. Tower II, Suite 450, New Brunswick, NJ
phone: 732-509-9100, fax: 732-509-9101, website: www.arbinet.com