RTX makes Mackey chairman in plan for investment and IPO

RTX makes Mackey chairman in plan for investment and IPO

SMS and voice exchange company RTX has announced a major restructure with the CEO becoming chairman to focus on investment

Albert Mackey has been promoted to chairman of RTX to oversee the London-based firm’s drive for investment, with a plan to eventually launch an IPO. He spent four years as CEO at the global voice and SMS exchange company.

He has more than 30 years of experience in the telecoms industry, first as founder of United Telecom Systems in 1995, then in roles with Interoute and First National, before joining RTX, formerly known as Routetrader Exchange, in 2012.

“The last four years has seen tremendous growth in the RTX business,” Mackey said. “Revenues have grown exponentially year on year." The company has gained "global recognition with the Sunday Times Tech Track 100 and Deloitte UK Fast 50 Tech awards", he added.

“In order to continue RTX’s growth trajectory for 2017 I need to focus on our investment raising and ultimate IPO plan. By taking up the role as chairman I can ensure these plans come to fruition.”

His replacement Miles Esfahani steps up from his role of managing director at the company, a position he had held since September 2014.

He has been with RTX since 2013, having joined as channel manager before becoming channel director within months.

He has previously held roles with BT and Art House Charity, before finding he became co-founder and CEO of pan-European telco HomeTel.

Esfahani said: “I am delighted to be able to continue my work towards the growth of RTX in my new role as CEO. Having experienced the growth of the company initially within the Partner Program division, RTX’s partner branded switching platforms to global operators I was able to fully appreciate RTX unique selling points and the challenges it faced. 

“Latterly as MD I was able put this knowledge into effect enabling the growth of RTX. As we move into 2017 the challenge facing RTX will require me to further utilise this insight to focus the company on its core strengths as well as plan out our development road map both for our own exchange as well as for our partner platforms.”

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