{"id":78043,"date":"2015-01-23T09:28:29","date_gmt":"2015-01-23T07:28:29","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=78043"},"modified":"2015-01-23T09:28:29","modified_gmt":"2015-01-23T07:28:29","slug":"vox-telecom-sale-plans-cancelled","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/telecommunications\/78043\/vox-telecom-sale-plans-cancelled\/","title":{"rendered":"Vox telecom sale plans cancelled"},"content":{"rendered":"<p>Vox Telecom\u2019s executive committee has decided to take the business off the market, and will invest in the future of the company as a stand-alone business.<\/p>\n<p>In July 2014 Vox Telecom\u2019s investors decided to explore various options to maximize the growth of\u00a0the company.<\/p>\n<p>\u201cFrom the outset the final decision had to provide the foundation for the business to capatalise on the new and dynamic changes in the ICT landscape,\u201d said Vox Telecom CEO Jacques du Toit.<\/p>\n<p>He said there were various interactions with local and international parties, but based on a solid future strategy provided by the exco, it was decided to take the business off the market.<\/p>\n<p>\u201cThis main reason for this decision was based on the fact that the current investors have faith in the economy and specifically the ICT sector,\u201d said du Toit.<\/p>\n<p>\u201cThey also believe in the strength of the Vox brand and the human capital to deliver the long-term strategy,\u201d he added.<\/p>\n<p>Du Toit said that Vox Telecom will now focus all its efforts on the following:<\/p>\n<ul>\n<li>Enter into new markets and products to replace \u201csunset products\u201d.<\/li>\n<li>Aggressive customer acquisition (organic and acquisitive).<\/li>\n<li>Lower cost to service customers in this competitive market.<\/li>\n<\/ul>\n<p>\u201cHaving finality on this matter has brought renewed energy to the team and everyone is very excited about the future,\u201d said du Toit.<\/p>\n<p>This article was republished <a title=\"http:\/\/mybroadband.co.za\/news\/business\/117436-vox-telecom-no-longer-for-sale.html\" href=\"http:\/\/mybroadband.co.za\/news\/business\/117436-vox-telecom-no-longer-for-sale.html\">with permission from MyBroadband<\/a>.<\/p>\n<h3 class=\"my-4\">More on Vox<\/h3>\n<p><strong><a title=\"Permalink to Vox Telecom buys two consulting firms\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/71263\/vox-telecom-buys-two-consulting-firms\/\" rel=\"bookmark\">Vox Telecom buys two consulting firms<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Vox Telecom buys Dynamic IT\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/67920\/vox-telecom-buys-dynamic-it\/\" rel=\"bookmark\">Vox Telecom buys Dynamic IT<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Jacques du Toit the new Vox Telecom CEO\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/29162\/jacques-du-toit-the-new-vox-telecom-ceo\/\" rel=\"bookmark\">Jacques du Toit the new Vox Telecom CEO<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Are these the companies looking to buy Vox?\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/71075\/are-these-the-companies-looking-to-buy-vox\/\" rel=\"bookmark\">Are these the companies looking to buy Vox?<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vox Telecom\u2019s executive committee has decided to take the business off the market, and will invest in the future of the company as a stand-alone business.<\/p>\n","protected":false},"author":31,"featured_media":78049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[26,4241,62],"class_list":["post-78043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecommunications","tag-headline","tag-sale","tag-vox-telecom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/78043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=78043"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/78043\/revisions"}],"predecessor-version":[{"id":78051,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/78043\/revisions\/78051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/78049"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=78043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=78043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=78043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}