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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

Vonex delivering outstanding growth with more to come in fiscal 2021

Diversified telecommunications group Vonex Ltd (ASX:VN8) released its June quarter update on Thursday, featuring the strongest operational and financial quarter that the company has delivered since listing on the ASX.

Vonex shares respond positively to stellar June half performance

Telecommunications innovator Vonex Limited (ASX:VN8) has provided a promising update on its retail business with the group achieving total contract value (TCV) of new customer sales of $3.7 million in the June half. This represented year-on-year growth of 65%, illustrating its resilience during the height of the COVID-19 period. Of further encouragement was the exceptional

Vonex surges 10% as strong growth continues across its businesses

Shares in telecommunications innovator Vonex Limited (ASX:VN8) were up 10% at lunchtime after the company provided an extremely positive update in relation to the company’s operational progress across its wholesale, retail and development arms. Of particular note was the successful integration of the new 2SG wholesale business and expansion of the company’s established, but fast-growing

Vonex (ASX:VN8) raises $1.4M to fund future growth plans

Telecommunications provider Vonex (VN8) has completed its institutional placement, raising a total $1.4 million to fund future growth initiatives Under the terms of the financing, the company issued a total of 14,736,843 shares at a price of 9.5 cents each Such a price represents a 13.6 per cent discount compared to the company’s last closing