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July 07, 2015 9:21 PM ET

Internet Software and Services

Company Overview of Vox Telecom Limited

Company Overview

Vox Telecom Limited, an alternative independent telecommunications company, provides voice and data services to consumer and business customers in South Africa. The company offers Internet connectivity and converged Internet protocol (IP) services, including cloud computing, voice, broadband, corporate access, Web hosting, and conferencing and fax services to business customers under the Vox Datapro brand name. It also provides voice, ADSL, fax, hosted exchange, hosted backup, and other telecommunication services to consumers, and small and medium enterprise under the Vox Telepreneur brand name; and managed voice solutions, as well as messaging, telephone management, and PABX solutions to to...

Block D1 Rutherford Estate

1 Scott Street

Waverley

Johannesburg,  2090

South Africa

Founded in 1998

775 Employees

Phone:

27 87 805 0000

Fax:

27 86 502 1876

Key Executives for Vox Telecom Limited

Chief Executive Officer and Executive Director
Joint Chief Executive Officer and Executive Director
Age: 55
Joint Chief Executive Officer and Director
Chief Financial Officer, Company Secretary and Executive Director
Chief Operating Officer
Age: 47
Compensation as of Fiscal Year 2015.

Vox Telecom Limited Key Developments

Executive Committee Revokes Decision To Sell Vox

Vox Telecom Limited's executive committee has revoked its decision to sell Vox and will adopt a stand-alone business strategy, according to Jacques du Toit, Chief Executive Officer of Vox.

Vox Telecom Explores Options

Vox Telecom Limited is preparing an exit for its private equity shareholders amid consolidation among operators in the country’s telecommunications sector. Vox Telecom will explore options including a trade sale or investment from a new partner seeking to expand in Africa, Chief Executive Officer Jacques du Toit said on July 3, 2014. Investec Corporate Finance has been hired to advice on the deal for Vox, he said. “Given the current activity in the telecoms landscape, we are using this opportunity to explore several options,” du Toit said. “The shareholders will sell but it depends on the price.” The process will close July 21. An initial public offering isn’t under consideration, he said.

Vox Telecom Invites Companies To An Engagement Process

Vox Telecom Limited has begun engagements with a number of local and international companies in a move that could eventually result in a sale of Vox Telecom. “This is more of an engagement process at this stage, rather than the sale the media is making it out to be,” says Vox Telecom Chief Executive Officer Jacques du Toit. “The market is very dynamic at the moment and we are seeing a lot of consolidation and companies are looking for new ways to do business,” says Du Toit. “We want to look at the options in the market to grow Vox.” He claims Vox has enjoyed “phenomenal growth” in recent years and that the only way to sustain that is to “do new things in new ways with new partners”. “No company in this industry today can stay the way it is, and we are excited that this will bring new opportunities to the table,” he adds. The idea of inviting companies to an engagement process was first mooted in April and “slowly started gaining traction from there”. Vox has a number of assets that would be very appealing to potential buyers, Du Toit says. “We have the largest product range. Many of our competitors focus on either the consumer market or the corporate and enterprise markets. Our customer profile spans 16 000 corporates and enterprises and goes up to 100 000 consumers.” Du Toit says that the process begins formally on July 2, 2014 and will remain open for two weeks. Corporate advisor Investec will manage the process.

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