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Affluence Corp. agrees to acquire UK’s Universal Call to boost its IoT and telecom capabilities.
Affluence Corporation has signed a Letter of Intent to acquire UK-based Universal Call Limited, a telecom and enterprise connectivity provider, to strengthen its position in the telco and enterprise IoT markets.
The deal, pending final agreements and approvals, aims to combine UCL’s client base with Affluence’s AI-driven IoT, 5G, and data platforms, targeting $43 million in annual revenue and over $1 million in operating income by March 31, 2025.
The merged entity would support Affluence’s growth strategy, smart infrastructure initiatives, and path toward a national exchange listing.
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Affluence Corp. acepta adquirir Universal Call del Reino Unido para impulsar sus capacidades de IoT y telecomunicaciones.