Vox Telecom Limited
Vox Telecom is a leading alternative, independent telecom operator,
providing voice and data services to the southern African market.
Vox Telecom competes through its primary brands, namely DataPro,
Vox, Orion Telecoms and @Lantic Internet Services. Vox Telecom
provides cost-effective and innovative telecommunications solutions
to consumer and corporate customers whilst ensuring the delivery
of services to customers is outstanding. Vox Telecom has offices
located in Johannesburg, Durban, Cape Town and Pretoria in South
Africa as well as in Windhoek, Namibia. The company listed in 2004
on the Alternative Exchange (AltX), a division of the JSE and currently
has a market capitalisation of R2,1 billion. The group now comprises
over 18 000 business customers across the Corporate Voice and Corporate
ISP business units, with approximately 160 000 Consumer ISP customers.
In line with Mvelaphanda Group’s strategy to invest in the
Telecoms, Media and Technology sector, Mvelaphanda Group acquired
a 12,3% interest in the share capital of Vox Telecom. The deliberate
approach adopted by the Mvelaphanda Group of acquiring a small
interest in an alternative telecom company is to ensure that
the risk to shareholders is minimised yet taking advantage of
opportunities in the sector.