News & Insights
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
Data Security: How we are protecting our customers
With identity fraud on the rise, keeping our personal information safe is essential, but with growing digital footprints, harder to
Partners in wholesale solutions
2SG is a wholesaler of hardware and connectivity solutions such as mobile broadband, voice, modems, routers, among other products. It
Serving businesses better with MyNetFone
Vonex acquired MyNetFone’s small business and residential business, which includes cloud phone, mobile and internet services under the MyNetFone brand
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
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
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
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
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
Vonex shares rise after achieving remarkable growth in recurring revenue
The company has increased its annualised recurring revenue by more than 85% during FY20, with the acquisition of 2SG Wholesale a major contributor to this growth. Vonex Ltd (ASX:VN8) is seeing continued growth in annualised recurring revenue (ARR) underpinned by sustained sales momentum and well-executed mergers and acquisitions. The ARR has increased more than 85%
NWR Virtual Small Cap Conference Presentation
If you are interested in the progress of Vonex from an investment perspective, watch our CEO Matthew Fahey presenting at the NWR Virtual Small Cap Conference. This is a great opportunity to learn more about our focus, success to date and more. Watch here: Investor Presentation