TELCO

New Acquisition for VN8 as “Hunt for Growth” Strategy Continues

Next Investors Dec 15, 2021

Yesterday, Vonex (ASX: VN8) announced its latest acquisition - this time it's South Australian telco Voiteck that will soon be incorporated into the VN8 group.

Vonex Outlines Success of Acquisition Growth Strategy

Finfeed Archived Apr 30, 2021

Telecommunications innovator Vonex Limited (ASX: VN8) has provided an update on its activities for the quarter ended 31 March 2021. Supported by organic growth and a strong cash position of $3.9 million and nil debt, Vonex continued its proactive approach to acquisition opportunities during the quarter.

Vonex seals the deal on earnings accretive Nextel acquisition

Finfeed Archived Feb 03, 2021

Vonex (ASX: VN8) has completed its acquisition of Nextel, a business that generated $2 million in revenues in fiscal 2020.

Vonex to acquire Nextel boosting ARR by circa $1M

Finfeed Archived Dec 18, 2020

Vonex Limited (ASX: VN8) has today announced its intention to acquire Nextel’s business and operations as a going concern. The acquisition will provide an immediate boost of approximately $1 million to Vonex’s base of annualised recurring revenue.

Wholesale and Retail divisions continue to drive Vonex’s impressive growth

Finfeed Archived Dec 09, 2020

Telecommunications service provider and innovator Vonex Limited (ASX: VN8) has provided a positive update regarding continued growth across the Company’s Retail and Wholesale divisions.

VN8 Moving up to the Next Tier of ASX Telcos

Next Investors Nov 20, 2020

We added Vonex Ltd (ASX: VN8) to our long term portfolio in September when it was trading at 14 cents per share. We invested because VN8 is not yet well known to ASX investors, but is aspiring to attain a similar valuation to its ASX listed peers:

What stocks will be the 5G game-changers?

Finfeed Archived Oct 30, 2020

I don’t believe telcos will be the companies that benefit the most from 5G, instead it will be smaller companies with entrepreneurial minds in the areas of education, financial management and health.

Meet Our Latest ASX Tech Portfolio Addition: VN8 is a Company Transformed

Next Investors Sep 25, 2020

After following the story for a while, and having familiarised ourselves with management and the company, we have decided to take a long-term position in Vonex (ASX: VN8).

Game changing acquisition positions Uniti, our Stock of the Week, for share price growth

Finfeed Archived Jun 19, 2020

Uniti Group's (ASX: UWL) acquisition of Opticomm will drive sustained earnings growth and provide share price momentum

Upcoming webinar to discuss Spirit Telecom's growth trajectory

Finfeed Archived May 12, 2020

Spirit Telecom Limited (ASX: ST1) will hold an investor webinar on Friday 15 May to discuss its growth strategy and investment upside.

Spirit Telecom – The nimble, ‘One-Stop’ Telco shop that has caught investor attention

Finfeed Archived May 08, 2020

Acquisitive small cap telco, Spirit Telecom (ASX: ST1) is an emerging challenger brand; a company that is nimble and executing a simple growth strategy in multiple key target markets including Healthcare and Education.

Vonex Share Price Set to Double, Says Analyst

Next Investors Archived Apr 30, 2020

PAC Partners analyst Mark Yarwood ran the ruler across Vonex (ASX: VN8) recently, attributing a 12-month target price of 20 cents per share to the stock, implying upside of 100%.

Vonex delivers record sales assisted by work from home changes

Finfeed Archived Apr 01, 2020

Vonex Limited (ASX:VN8) has chalked up a record month of sales in March and delivered an all-time record quarter with Total Contract Value (TCV) of new customer sales for the three months to March 31 just shy of $2 million.

2SG acquisition just days away as Vonex completes due diligence

Finfeed Archived Feb 12, 2020

Vonex Limited (ASX:VN8) has completed its due diligence with regard to its acquisition of the 2SG wholesale business.

Vonex to put cash in the bank and ramp up telco operations

Finfeed Archived Feb 04, 2020

Vonex (ASX:VN8) will complete the disposal of assets outside its core business and will significantly strengthen its balance sheet.

Vonex shares surge 50% on acquisition of 2SG

Finfeed Archived Nov 29, 2019

Telecommunications innovator Vonex Limited (ASX:VN8) has entered into a binding term sheet with 2SG Wholesale Pty Ltd (2SG Wholesale) to acquire 2SG Wholesale’s business operations as a going concern.

Vonex rallies 15% following strong September quarter growth

Finfeed Archived Nov 07, 2019

Telecommunications innovator Vonex Limited (ASX: VN8) has recorded an outstanding quarter on quarter increase in user growth.

Vonex strengthens its cash position

Finfeed Archived Oct 28, 2019

Vonex Limited (ASX:VN8) announced today that it had received a an R&D Tax Incentive rebate of $0.63 million for the financial year 2018/2019 that further strengthens its balance sheet.