facebook facebook Vonex inks mobile broadband wholesale deal with Orange Business Services | Vonex
News & Insights

Vonex inks mobile broadband wholesale deal with Orange Business Services

dummy banner

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 support Orange with its Australian launch of new products.

“Signing this agreement is testament to the growth and maturity of our offer to small, medium and enterprise customers, as we are seeing strong growth across both existing and newly-launched products,” Matt Fahey, Vonex managing director, said.

Through the agreement, Orange will offer enterprises the option of combining National Broadband Network (NBN) connectivity with wireless broadband services through a single provider, with Kevin Griffen, the system integrator’s managing director for Australasia, calling the partnership “another step forward” for its Australian operations.

“This will bring great simplicity as well as strong; fast and stable connections which were once reserved for MPLS [multiprotocol label switching] and [the] largest companies,” he said.

Orange Business Services, which is the global enterprise division of the Orange Group, has operated within Australia for more than 30 years, and operates across a variety of industries, including automotive, mining, oil and gas and public sectors.

This is the latest partnership for the systems integrator, with it joining forces with NBN Co in November 2020 to deliver domestic managed services to Australian enterprises, as well as Amazon Web Services (AWS) later that same month to fast-track customers’ cloud migration and workforce modernisation.

Related Posts
dummy banner

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

Read article
dummy banner

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

Read article
dummy banner

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

Read article
dummy banner

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%

Read article
dummy banner

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

Read article