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
Browsing: Doug Reed
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
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
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
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
A punishing weekly commute between his home in Franschhoek in the Western Cape and Johannesburg is what prompted Vox Telecom CEO Tony van Marken to step down
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 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
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.
Shares in Vox Telecom had gained nearly 13% by Wednesday morning after it published an earnings update on Tuesday afternoon.…