World Mobile Group, a global mobile network leveraging blockchain and the sharing economy, has announced that Co-Founder Josh Watkins will assume the role of CEO at Minutes Network. This marks his departure from the position of Chief Information Officer (CIO) at World Mobile after a five-year tenure.
Published on November 29, 2023, at 8:00 AM GMT by Alex Costa.
Minutes Network, touted as the world’s premier blockchain-based international voice-calling and wholesale termination service provider, targets a crucial segment of the global telecommunications industry. This sector involves the bulk exchange of voice-call minutes among providers, carriers, and resellers, terminating over 270 billion international voice call minutes annually and generating revenues exceeding $13 billion. The industry’s complexity, characterized by numerous independent providers and intricate agreements, positions it for consolidation through blockchain technologies.
Minutes Network aims to offer unparalleled international termination rates to Tier 1 global carriers, introducing a groundbreaking approach by rewarding consumers for their voice-call activities through its proprietary Minutes Network Token (MNT). Currently in stealth mode and operating pre-blockchain expansion, the venture already terminates over one million international call minutes monthly through blockchain utilization.
The network seeks to streamline the convoluted and opaque international wholesale market, benefiting both carriers and consumers. With a team boasting over 150 years of combined experience in the wholesale telecom industry, Minutes Network is forging new partnerships with Tier 1 global carriers and supporting key players in telecom regulation.
Furthermore, Minutes Network envisions expanding its user base to become a prominent global player, targeting over two billion reachable users by 2030. Additional developments aligning with this objective will be disclosed in the near future.
Micky Watkins, Co-Founder and CEO of World Mobile, expresses confidence in Josh Watkins’ transition, stating, “Josh has been immersed in the international wholesale voice market for nearly two decades. The new venture aligns with his long-term vision, and given the success at World Mobile, we believe this is the opportune time.”
Incoming CEO of Minutes Network, Josh Watkins, shares his excitement, stating, “Minutes Network has been a project I’ve envisioned for several years. It complements World Mobile as an infrastructure-focused business solely dedicated to terminating international voice traffic. With Micky at the helm, I’m confident in bringing my project to market, showcasing how blockchain can transform and democratize established real-world businesses, starting with the international minutes industry.
