Sangoma closes VoIP Supply subsidiary sale

Mr. Larry Stock reports SANGOMA ANNOUNCES SALE OF VOIP SUPPLY, LLC Sangoma Technologies Corp. has completed the sale of its subsidiary, VoIP Supply LLC, effective June 30, 2025. This transaction represents a key milestone in Sangoma's continuing strategic efforts to simplify its portfolio and sharpen its focus on core business areas. As previously disclosed in the company's second and third quarter fiscal 2024 results, Sangoma has been evaluating strategic alternatives to optimize its operations and concentrate resources on higher-growth and higher-margin segments such as unified communications (cloud, hybrid and on-premise solutions), contact centre and communications platforms. VoIP Supply operated in a segment that was increasingly non-core to Sangoma's long-term vision. Following a thorough review, the company determined that divesting this business was the appropriate strategic decision to allow for better alignment with its core mission and to enhance operational focus. Sangoma secured approximately a four times multiple on adjusted earnings before interest, taxes, depreciation and amortization, reflecting a disciplined and financially prudent exit from a non-core asset. The proceeds from the sale will be used to reinvest in organic growth initiatives that support the company's evolving enterprise architecture, go-to-market strategy and service-based transformation. "This divestiture enables Sangoma to direct greater energy and investment into areas where we see significant opportunities for innovation, scalability and growth," said Charles Salameh, chief executive officer of Sangoma. "It reflects our disciplined approach to portfolio management and our commitment to creating long-term value for shareholders." With this sale, Sangoma concludes its involvement in the VoIP hardware distribution segment, marking a deliberate pivot toward software-led, recurring revenue services that now comprise over 90 per cent of the company's revenue mix heading into fiscal 2026. Sangoma remains focused on empowering businesses with seamless, integrated communication technologies and expects the streamlined portfolio to support more effective execution across its strategic road map. About Sangoma Technologies Corp. Sangoma is a leading business communications platform provider with solutions that include its award-winning UCaaS, CCaaS, CPaaS and trunking technologies. The enterprise-grade communications suite is developed in-house, available for cloud, hybrid or on-premise deployments. Additionally, Sangoma's integrated approach provides managed services for connectivity, network and security. A trusted communications partner with over 40 years on the market, Sangoma has over 2.7 million UC seats across a diversified base of over 100,000 customers. Sangoma has been recognized for 10 years running in the Gartner UCaaS magic quadrant. As the primary developer and sponsor of the open-source Asterisk and FreePBX projects, Sangoma is determined to drive innovation in communication technology.