OXIO, the leading telecom-as-a-service (TaaS) platform, today announced Zain A. Manekia, a highly experienced investment professional and board advisor of 25 years, has joined as an independent Board Member and Head of Strategic Investments. Accomplished executive brings over $50b in transaction experience across Private Equity and Investment Banking in the U.S. and Latin America.
“The traditional black-box network, individually sourced and operated in each country and offering one-size-fits-all resale products, does not fulfill the needs of the market, for both retail and enterprise, in an increasingly global world. The current operating model has become unsustainable outside of a few markets, as demonstrated by the depressed valuations of MNOs and the divestiture of hard network assets,”