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Vonex Completes Acquisition of OntheNet

Telecommunications innovator Vonex Limited (“Vonex” or the “Company”) (ASX: VN8) is pleased to advise that the Company has completed its acquisition of Network Technology (Aust) Pty Ltd t/as OntheNet (“OntheNet”), first announced to the ASX on 5 October 2022 (the “Acquisition”). OntheNet provides data network, voice and hosting/colocation services primarily to business customers across Australia.… Continue reading Vonex Completes Acquisition of OntheNet

MNF Group closes $31m direct biz sale to Vonex

MNF Group has finalised its deal with Vonex for the sale of part of the company’s direct business for $31 million. The two signed the conditional term sheet on 7 June and MNF Group told shareholders today that all conditions of the deal had been satisfied including detailed due diligence. At the time Vonex said the deal… Continue reading MNF Group closes $31m direct biz sale to Vonex

Vonex inks mobile broadband wholesale deal with Orange Business Services

Sasha Karen (ARN) 05 February 2021 Telco provider Vonex has signed a multi-year agreement to provide business-grade mobile broadband services for Orange Business Services, a move set to underpin the latter’s Aussie expansion plans The agreement will see Vonex, through its wholesaler subsidiary 2SG Wholesale, which it bought in November 2019 for $2.6 million, effectively help to… Continue reading Vonex inks mobile broadband wholesale deal with Orange Business Services

Vonex wins wholesale contract from telco conglomerate Orange

February 5, 2021, by Alfred Chan Telecommunications company Vonex (ASX: VN8) will soon get a significant boost in their network usage having signed global telco giant Orange Group (EPA: ORA) to a multi-year enterprise deal for mobile and internet products. The agreement is with Orange Business Services and will see Vonex provide business-grade mobile broadband services… Continue reading Vonex wins wholesale contract from telco conglomerate Orange

Vonex outlines impressive growth opportunities off the back of acquisition success

Today, telecommunications group Vonex Ltd (ASX:VN8) published its 2020 Annual General Meeting, which highlights their strong operational and financial performance and future growth schemes. As the company develops, delivers and licences its advanced communication technologies, generation of recurring revenue continues to drive strong growth. Vonex possesses a three pillar growth strategy of Retail, Wholesale and… Continue reading Vonex outlines impressive growth opportunities off the back of acquisition success