Delta Partners acquires stake in Vox Spectrum

Delta Partners, management advisory and investment company, has acquired stake in Dubai-based Vox Spectrum Limited, an international technology and telecommunications group of companies, to help expand its products and reach in the region.

Delta bought its stake through Delta Partners Mena Telecom Fund. The firms yesterday refused to disclose the volume and value of the deal.

Both the firms will work together to consolidate and expand Vox's existing presence in Middle East and India, focusing on the three core product lines: telecom engineering, software solutions and electronic products distribution. "Our commitment is to make Vox Spectrum Limited, and its group firms, significant players in all markets we operate in. With the additional backing of Delta, and their insights on the telecom sector, we hope to gain valuable market share faster than anticipated," said Saud Al Amiry, Chairman of Vox Spectrum Limited.

Vinod Krishnan, CEO and Managing Director, said: "Over the years we have built a client base that has been appreciative of our quality delivery and support. We feel assured that Delta advisory skills and experience in the telecom sphere would enhance our capabilities to continue delivering consistent returns to all our stakeholders".

Kristoff Puelinckx, Managing Partner at Delta Partners, said: "We believe that the Vox Spectrum group of companies is a unique platform in the Middle East and in India. We are convinced that Delta can add value to the operation through our integrated advisory and investment business model, providing specialised hands-on support from our industry-focused and experienced professionals."

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