MANX.L Regulatory News (MANX)

27 November 2018

Manx Telecom plc

Appointment of CCO

Manx Telecom Plc (AIM: MANX), the leading communication solutions provider on the Isle of Man, is pleased to announce the appointment of Ed Jennings as Chief Commercial Officer. 

During more than 20 years working in telecommunications, digital and media environments he has held senior roles with a number of blue-chip companies around the world including Virgin Mobile, Ooredoo Group, British Telecom, Orange, and Telecom New Zealand (Spark).

At Manx Telecom, Ed is responsible for commercial strategy for the core telecoms business. He will be focused on leading the company's brand, marketing, product and sales teams to create a more holistic, integrated and customer-centred approach with a view to enhancing Manx Telecom's position as the leading communication solutions provider on the Island. As part of this he will be looking to create innovative, high-quality products to further enhance the company's comprehensive portfolio.

One of Ed's career highlights was the development and launch of the first Virgin Mobile business in the Middle East. As the CEO of Virgin Mobile Qatar, Ed conceived and developed a brand licensing agreement between Virgin Group and Ooredoo Group. He then recruited a team of 180 people to develop and launch a distinct Virgin Mobile business with its own retail stores, call centre operation and a clearly defined suite of branded products. Ed developed and launched the new business from scratch in only eight months.

Before setting out on his career in telecoms and digital media, Ed gained degrees in law and commerce, both from the University of Canterbury, Christchurch, New Zealand. He qualified as a Barrister and Solicitor in New Zealand after passing the IPLS (Institute of Professional Legal Studies) Bar exam at the University of Victoria in Wellington.

Gary Lamb, CEO, Manx Telecom, said: 

"I'm delighted that we have recruited someone with Ed's outstanding record of achieving business transformation and delivering both world-class customer experience and revenue growth. He brings a vast amount of experience and expertise and is widely respected within the telecoms industry."

Ed Jennings added: 

"The drive to continually improve the quality and overall value of what Manx Telecom offers is something that we take very seriously and this will be a big focus for me. My remit is also to encourage innovation and help the business continue to transform and grow. I'm looking forward to exploring the potential that the company has to become an even more agile and responsive business, and using recent success stories - such as MT clearSound and Manx Telecom's first Isle of Man demonstration of 5G - to inspire and motivate all of our product teams and partners. Manx Telecom is right to be proud of its record of innovation, and I'm relishing the opportunity to play a part in extending that record."

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About Manx Telecom

Manx Telecom is the leading communication solutions provider on the Isle of Man, providing a wide range of Fixed Line, Broadband, Mobile and Data Centre services to retail, business and public sector customers on the island, as well as a growing portfolio of innovative hosting and "Smart SIM" solutions to global customers.

The Company focuses on providing outstanding customer experience, high-quality and high-availability networks achieving 99% 4G and 93% superfast fibre broadband population coverage, and consistent first-to-local-market roll-out of new products for homes and businesses.

Manx Telecom is the only operator of a Fixed Line network and is currently investing in state of the art 1 Gbps Fibre-to-the-Premise (FTTP) broadband for both its consumer and business customer base. The Company has three data centres, two of which are Tier 3 designed, plus international connectivity, and its operations are business-critical to the economic strategy of the Isle of Man.

One of the Isle of Man's largest employers with around 300 staff, Manx Telecom plays a major role in the wider community through a range of activities including: charitable donations, sponsorships and corporate social responsibility initiatives.

Manx Telecom is strengthening its core market position whilst exploring new market opportunities on and off-island, leveraging its telecommunications expertise and mobile technology platform. In 2016, the Company launched its business incubator Vannin Ventures, focused on identifying and investing in new products, services and business opportunities as part of the Group's long-term growth strategy.

Manx Telecom is listed on the Alternative Investment Market of the London Stock Exchange (AIM: MANX). www.manxtelecom.com