South African Vox Telecom expects to swing into profit in FY2010/11.

By bne IntelliNews November 8, 2011
South African telecoms operator Vox Telecom expects to swing into profit in the fiscal year to end-August 2011, the company said. It forecast earnings per share (EPS) to rise by between 106% and 111% from the previous years loss of 61.32 cents per share. The company projects its headline EPS to fall by between 19% and 24% year-on-year from 6.45 cents. Vox Telecom is a leading independent, alternative supplier of voice and data services to the South African and Namibian markets. With a staff of about 800, the company provides telecommunications products and services to over 15,000 corporate clients and to over 130,000 individual customers.

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