Browsing: Doug Reed

Angus MacRobert to join delisted Vox as co-CEO

After 10 months of speculation, Vox Telecom has finally confirmed that it’s going private. Assuming it gets the necessary approvals, the company will delist from the JSE after receiving a R500m acquisition offer from a consortium comprising Lereko

Unbundling: what industry wants from Icasa

The Independent Communications Authority of South Africa (Icasa) will present a discussion document on local-loop unbundling (LLU) to the telecommunications industry on Wednesday morning. TechCentral rounded up the views of a few key industry leaders

Captain Comeback

Vox Telecom group MD Doug Reed is no stranger to the vagaries of the local telecommunications industry. The 52-year-old has made — and lost — a personal fortune in his career, but is warm and welcoming when I meet him at the company’s offices across the

LCR not dead yet, says Vox

AltX-listed Vox Telecom says there is still a good three years of life left in the least-cost routing (LCR) market. This is despite the big cuts in mobile and fixed-line termination rates, the rates that

Six months later, Vox still in talks

Vox Telecom has renewed a cautionary notice to shareholders for a fifth time, warning it is in talks that could affect its share price. Though Vox management won’t say what the talks are about, it is widely speculated

Van Marken to step down at Vox

In a surprise development, Vox Telecom has announced that its CEO, Tony van Marken, is stepping down. He will leave the AltX-listed telecommunications company at the end of March.

Vox in satellite broadband deal

Vox Telecom will offer low-cost satellite broadband nationwide from late next year, in the process taking on the country’s established telecommunications operators more directly than it has in the past

Icasa rate cuts lead to R745m Vox impairment

Vox Telecom is writing down goodwill and intangible assets to the tune of more than R745m. The news comes just hours after the Independent Communications Authority of SA (Icasa) announced it would slash call termination rates.

Vox shares higher on earnings update

Shares in Vox Telecom had gained nearly 13% by Wednesday morning after it published an earnings update on Tuesday afternoon. The AltX-listed company says it expects…