Zoom Communications expands its Phone service to four major Indian metro areas, enhancing AI-first telephony for businesses.
Quiver AI Summary
Zoom Communications, Inc. has expanded its Zoom Phone service to four major telecom regions in India: Mumbai, Delhi NCR, Karnataka, and Andhra Pradesh & Telangana. This development increases the service's availability to six telecom circles, including Maharashtra and Tamil Nadu, and demonstrates Zoom's commitment to supporting India's growing demand for cloud telephony solutions. Zoom Phone offers features that enhance productivity for distributed workforces, enabling businesses to transition from traditional PBX systems to a unified AI-first communication platform. The service is designed to facilitate seamless collaboration across regions, even in areas where it's not yet available, through local phone numbers and integration with Zoom Contact Center. With added AI capabilities and an intuitive interface, Zoom aims to empower organizations to improve their communication and engagement strategies.
Potential Positives
- The expansion of Zoom Phone into four major metro telecom circles in India signifies a strategic growth opportunity in a key market, enhancing Zoom's presence in the region.
- The availability of Zoom Phone in six telecom circles indicates the service's growing traction, particularly among multinational companies transitioning from legacy PBX systems, which could lead to increased revenue and market share.
- Zoom Phone's integration with Zoom Contact Center and AI features enhances productivity and offers a unified communication solution, appealing to businesses looking for modern telephony options.
- The introduction of local native phone numbers allows customers to establish a local presence, driving adoption and encouraging collaboration across India even in regions where Zoom Phone is not yet directly available.
Potential Negatives
- The press release highlights that the expansion of Zoom Phone is focused on India, which may indicate that the company is not achieving similar success in other key international markets.
- There is a mention of the need for businesses in India to move away from legacy PBX systems, suggesting that this shift may come from a challenging competitive landscape.
- The focus on AI-first features could imply that there are existing gaps in functionality in traditional telephony that Zoom must address to stay competitive.
FAQ
What is the latest expansion of Zoom Phone in India?
Zoom Phone has expanded to four major telecom circles: Mumbai, Delhi NCR, Karnataka, and Andhra Pradesh & Telangana.
Which telecom circles were included in Zoom Phone's launch?
Zoom Phone is now available in six telecom circles: Delhi NCR, Mumbai, Karnataka, Andhra Pradesh & Telangana, Maharashtra, and Tamil Nadu.
How does Zoom Phone benefit businesses in India?
Zoom Phone offers cloud telephony, enhancing flexibility, productivity, and integration for businesses transitioning from legacy PBX systems.
What are the AI features included with Zoom Phone?
AI features include post-call summaries, voicemail task extraction, and voicemail prioritization to enhance user productivity without additional costs.
How can organizations maintain continuity with Zoom Phone?
Organizations can use native phone numbers from specific telecom circles for nationwide calling, maintaining flexibility even where Zoom Phone isn't available.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ZM Congressional Stock Trading
Members of Congress have traded $ZM stock 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ZM stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN has traded it 5 times. They made 5 purchases worth up to $75,000 on 03/04, 02/25, 01/28 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$ZM Insider Trading Activity
$ZM insiders have traded $ZM stock on the open market 31 times in the past 6 months. Of those trades, 0 have been purchases and 31 have been sales.
Here’s a breakdown of recent trading of $ZM stock by insiders over the last 6 months:
- ERIC S. YUAN (Chief Executive Officer) has made 0 purchases and 15 sales selling 609,569 shares for an estimated $48,433,641.
- JONATHAN CHADWICK has made 0 purchases and 4 sales selling 50,000 shares for an estimated $3,853,283.
- APARNA BAWA (Chief Operating Officer) has made 0 purchases and 4 sales selling 37,491 shares for an estimated $2,857,544.
- VELCHAMY SANKARLINGAM (Pres. of Engineering & Product) has made 0 purchases and 2 sales selling 22,656 shares for an estimated $1,702,512.
- SANTIAGO SUBOTOVSKY has made 0 purchases and 5 sales selling 9,900 shares for an estimated $774,136.
- SHANE CREHAN (Chief Accounting Officer) sold 1,412 shares for an estimated $111,104
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ZM Hedge Fund Activity
We have seen 367 institutional investors add shares of $ZM stock to their portfolio, and 360 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORGES BANK added 7,665,992 shares (+495.4%) to their portfolio in Q4 2024, for an estimated $625,621,607
- JPMORGAN CHASE & CO added 3,527,855 shares (+181.0%) to their portfolio in Q1 2025, for an estimated $260,249,863
- FMR LLC removed 3,231,018 shares (-25.4%) from their portfolio in Q1 2025, for an estimated $238,352,197
- PACER ADVISORS, INC. removed 2,801,144 shares (-58.4%) from their portfolio in Q1 2025, for an estimated $206,640,392
- BALYASNY ASSET MANAGEMENT L.P. added 1,738,820 shares (+8940.9%) to their portfolio in Q1 2025, for an estimated $128,272,751
- GOLDMAN SACHS GROUP INC added 986,609 shares (+230.2%) to their portfolio in Q1 2025, for an estimated $72,782,145
- ALYESKA INVESTMENT GROUP, L.P. removed 986,501 shares (-90.8%) from their portfolio in Q1 2025, for an estimated $72,774,178
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$ZM Analyst Ratings
Wall Street analysts have issued reports on $ZM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 05/22/2025
- Jefferies issued a "Buy" rating on 12/19/2024
To track analyst ratings and price targets for $ZM, check out Quiver Quantitative's $ZM forecast page.
$ZM Price Targets
Multiple analysts have issued price targets for $ZM recently. We have seen 3 analysts offer price targets for $ZM in the last 6 months, with a median target of $85.0.
Here are some recent targets:
- Joshua Reilly from Needham set a target price of $100.0 on 05/22/2025
- Allan Verkhovski from Scotiabank set a target price of $85.0 on 05/16/2025
- Meta Marshall from Morgan Stanley set a target price of $79.0 on 04/16/2025
Full Release
SAN JOSE, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ: ZM) today announced the further expansion of its industry-leading Zoom Phone service to four major metro telecom circles in India — Mumbai, Delhi NCR, Karnataka (Bengaluru), and Andhra Pradesh & Telangana (Hyderabad). The Delhi NCR Telecom Circle includes the Union Territory of Delhi, Ghaziabad, Faridabad, NOIDA, and Gurgaon. Licensed by the Department of Telecommunications (DoT) India, Zoom Phone is now available in six telecom circles in India, including Maharashtra (October 2024) and Tamil Nadu (Chennai) Telecom Circles (February 2025), thereby covering key business and technology hubs in the country. Zoom also plans to bring Zoom Phone to additional telecom circles across India, accelerating its commitment to make AI-first modern telephony available to more organizations across key states in India.
“Zoom Phone addresses the growing demand for cloud telephony by offering simplicity and modern functionality for distributed workforces. India is an important market for us, and our expansion plans beyond the six key telecom circles demonstrate our commitment to providing customers with a unified work platform. This expansion also reflects the growing traction Zoom Phone is receiving, especially from multinational companies, as businesses in India move away from legacy PBX systems toward more flexible, AI-first collaboration solutions that enhance employee productivity,” said Velchamy Sankarlingam, president of Product and Engineering, Zoom .
Zoom Phone offers businesses simplicity and modern functionality, empowering dynamic workstyles and hybrid teams. Available as an add-on for existing paid Zoom customers, it supports inbound and outbound calling through the Public Switched Telephone Network (PSTN), enabling enterprises to replace legacy private branch exchange (PBX) systems and consolidate communication needs onto a single AI-first platform in Zoom Workplace.
Zoom Phone also integrates seamlessly with Zoom Contact Center to offer a unified experience with features like call transfer, call forwarding, and call recording accessible within the Zoom Contact Center environment. Zoom Contact Center can access Zoom Phone user details like extensions, Direct Inward Dialing (DID) numbers, and usernames, enabling caller identification and routing.
In addition to services in the six active telecom circles, Zoom Phone enables businesses to maintain seamless collaboration across India, even in regions where Zoom Phone service is not yet available. Through Zoom’s self-service web portal, customers can acquire native phone numbers based on specific telecom circles, such as Karnataka, Delhi NCR, and Mumbai, enabling them to establish a local presence in those regions. These native numbers operate over the PSTN, allowing customers to place outbound calls and receive inbound calls nationwide, regardless of their physical location. This allows organizations to maintain continuity and flexibility in their collaboration strategy, even in telecom circles where Zoom Phone is not directly available.
Enhanced by Zoom AI Companion, which is included at no additional cost with eligible Zoom paid accounts, Zoom Phone offers powerful AI features to boost productivity. These include post-call summaries so users can focus on conversations instead of taking notes, voicemail task extraction to easily identify next steps, and voicemail prioritization to better manage time and attention. Zoom Phone also integrates seamlessly with Zoom Workplace, leading business applications, and hardware providers, offering robust security, scalability, and an intuitive user interface.
“We are thrilled that Zoom Phone is now available in six of India's most prominent business and technology hubs. Each of these cities is home to thriving ecosystems of local enterprises and multinational corporations that will benefit from Zoom Phone’s flexibility and seamless integration into their existing workflows. Bringing Zoom Phone to additional telecom circles is a natural next step in our commitment to empower more organizations with access to reliable, modern AI-first telephony,” said Sameer Raje, general manager and head of India & SAARC region at Zoom. “Zoom Phone and Zoom Contact Center are purpose-built to work seamlessly together to empower organizations to deliver unified communications and superior customer and employee engagement. With this launch, we are excited to help businesses streamline collaboration, support flexible workforces, and enhance employee and customer experiences.”
To learn more about Zoom Phone, please visit the Zoom Phone page.
About Zoom
Zoom’s mission is to provide an AI-first work platform for human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion that empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer experience teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at
zoom.com
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Zoom Press Contact
Hayley Yap
APAC Communications Lead
[email protected]