Alt-X listed DataPro Group today announced shareholder approval to change its name to Vox Telecom, consistent with the company's strategy of positioning itself as an alternative telecoms operator offering a broad portfolio of voice and data services.
"Although DataPro is well-known as an investor brand, we want to reinforce in the minds of the investment community and customers alike that we are evolving into a hybrid telco that can serve all their voice and data needs," says CEO Doug Reed.
"We believe the Vox Telecom name and the new brand that we are launching will be an exciting and progressive development in the evolution of our business."
"The original DataPro Group was very much a traditional ISP or data business," says Executive Chairman Tony van Marken. "When we listed the business in 2004, it seemed logical to use the name of our corporate ISP business, DataPro, as the name of the listed entity."
"However, over the past year or so, we've transformed ourselves into a telecommunications service provider offering the full range of voice and data services to both consumers and businesses. This has happened through a combination of organic growth, the creation of new start-up voice businesses within the group and acquisitions including Atlantic Internet, Definity Telecom, Orion Telecom, VOIP Telecom and Dial telecom. Although the DataPro name is well known, we felt that Vox Telecom was a stronger brand that would reinforce our positioning as an alternative telecom operator."
The company today provides telecommunications products and services to over 60 000 consumers through Atlantic Internet, to over 7 500 businesses through the DataPro corporate ISP business and to over 60% of the top 200 listed companies through Orion Telecom.
The company will continue to trade on Alt-X as DataPro, JSE code "DTP" until 23 July, after which it will trade as Vox Telecom under the JSE code "VOX".
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Vox Telecom is a leading alternative, independent telecom operator, providing voice and data services to the southern African market. Vox Telecom aims to provide cost-effective, innovative telecommunications solutions to consumer and business customers, while ensuring the delivery of outstanding customer service. The group competes through its primary brands DataPro, @lantic, Orion Telecom and Vox Telecom, and has offices in Johannesburg, Durban, Cape Town and Pretoria as well as in Windhoek, Namibia. Vox Telecom is a listed company trading on the Alternative Exchange (AltX), a division of the JSE Limited. Investor and shareholder information is available at www.dataprogroup.co.za.
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