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South African company Retail Motor Industry (RMI) has collaborated with TeleMasters Limited to launch the country’s first industry-specific telecommunications company

The RMI, which represents around 7,500 motor industry members, has signed an agreement with the telecommunications specialist firm in an attempt to form a licensed telecommunications company solely for RMI’s members.

TeleMasters head of enterprise division Riaan Pietersen, said the joint venture would see the launch of a telecommunications company, TeleMoto, which will be 51 per cent-owned by RMI and 49 per cent by TeleMasters.

The company will offer discounted rates and free on-net VoIP calls to subscribers, as well as enhanced data and future proof Virtual PBX systems.

Pietersen said, “In line with the agreement, TeleMasters will now start signing up RMI’s member base as TeleMasters customers.

“As a full-service license telecommunications company, TeleMasters is in a position to quickly roll out a new telecom company built on the necessary infrastructure. The new model will prove one that works for several large industry sectors.”

Pietersen said the benefits to RMI members will include a saving on their voice and data costs, as well as access to advanced communications technologies such as the Virtual PBX. This alone, he added, will deliver tremendous capital and monthly savings plus allow for simpler, more cost-effective maintenance and upgrades.

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