Mvelaphanga Group Limted
 
   
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Investments

Highlights and prospects

  • Acquisition of a 12,3% interest in the share capital of Vox Telecom.
  • Vox Telecom is ideally positioned to benefit from consolidation and development of the SA telecom industry.
  • The company is performing operationally well with the recent acquisitions being bedded down.

For more details on
Vox Telecom visit
www.voxtelecom.co.za

 
 
Vox Telecom

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.