According to a recent exclusive report, Vox Telecom is planning to build its own fibre-optic network across South Africa. The fibre backbone will connect its business customers to its core network and provide them with high speed broadband.
This development forms part of a broader five year strategy which was adopted when shareholders decided against selling the company earlier this year.
Vox CEO, Jacques du Toit says that although the company received a number of fair value offers from interested buyers the shareholders ultimately felt that they could get better returns by holding onto the asset and cleaning up and consolidating its operations.
“We got the house in order. We learnt a phenomenal amount about ourselves and our competitors and what they think about us. The nicest thing was that we underestimated the value of the Vox brand. We’re now in a great spot to take the business to the next level.” Says duToit.
The fibre network is the first stage of Vox’s plan to slowly deploy network infrastructure to clients, starting with 100Mbit/s fibre circuits. Vox will then provide services using their own network and also lease capacity where needed.
The fibre roll-out will begin in the major urban centres of Johannesburg, Cape Town and Durban and will then move to smaller towns where Vox has an existing customer base, including Bloemfontein, Port Elizabeth and Polokwane.
Vox does not plan on distributing fibre to the home, but will rather work with open-access fibre infrastructure companies to provide bandwidth to end users.
The fibre roll-out will form part of their broader company strategy to become larger contender in South Africa’s telecoms space. To this end the company will work out ‘sunset projects’ and bring in new products and services such as CRM and cloud solutions.