DELTA PARTNERS AND VOX SPECTRUM LIMITED ANNOUNCE PARTNERSHIP

 

Dubai, UAE

 

June 28, 2009

 

Delta Partners and Vox Spectrum Limited announced today that Delta Partners MENA Telecom Fund, a private equity fund managed by Delta Partners and focused on investments in Telecommunications, Media and Technology (TMT) in high growth markets, has decided to invest in Vox Spectrum Limited.

 

Delta Partners is the leading management advisory and investment firm specialized in Telecommunications, Media and Technology in emerging markets. It has more than 130 professionals operating across 50 markets in the Middle East, Africa, Eastern Europe and Emerging Asia.

 

Vox Spectrum Limited is an international technology and telecom group of companies based in Dubai, and with offices in the US, the UAE, Saudi Arabia and India. The company is involved in the design, engineering, construction, installation and maintenance of a broad range of voice, data, video and wireless infrastructure solutions for clients worldwide.

 

Delta Partners and Vox Spectrum Limited will work together to further consolidate and expand Vox Spectrum Limited'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 companies, significant players in all markets wePoperate in. With the additional backing of Delta Partners, 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.

 

Following on Mr Al Amiry's remarks, Mr Vinod Krishnan, CEO & Managing Director added "Vox Spectrum and its group companies offer project management services, software solutions and products. We design and commission wireless radio solutions, build mobile telephony infrastructure, implement electronic engineering services, provide voice capturing solutions and distribute telephony headset solutions. Over the years we have built a client base that has been appreciative of our quality delivery and support. We feel assured that Delta Partners advisory skills and experience in the telecom sphere would enhance our capabilities to continue delivering consistent returns to all our stakeholders".

 

Furthermore, Kristoff Puelinckx, Managing Partner at Delta Partners commented on the deal "We believe that the Vox Spectrum Limited group of companies is a unique platform in the Middle East and in India. We are convinced that Delta Partners can add value to the operation through our integrated advisory and investment business model, providing specialized hands-on support from our industry-focused and experienced professionals". "Through its strategic interests in the engineering, software and electronics industries across emerging markets, coupled with its excellent reputation and strong client relationships, we believe Vox Spectrum Limited is uniquely positioned to capture the exponential growth that the Indian and Middle East telecoms markets experience. We look forward to joining the Vox Spectrum's team, and anticipate a synergistic relationship that will take the company to the next level".

 

The investment in Vox Spectrum Limited is the fifth completed by Delta Partners MENA Telecom Fund. In December last year, Delta Partners has also co-invested with the Abu Dhabi Investment Company (ADIC, recently rebranded to Invest AD) in the acquisition of Orasinvest from Orascom. In addition to previous investments Delta Partners also co-invested along with Virgin Group in Trivon AG, a provider of fixed wireless internet access in Russia.

 

 

About Delta Partners

 

Delta Partners is the leading TMT advisory and investment firm in emerging markets. With more than 160 professionals the firm operates across 50 markets in the Middle East, Africa, Eastern Europe and Emerging Asia. Delta Partners provides three synergistic services: management advisory, corporate finance and investments from its offices in the UAE, Bahrain, South Africa, Spain and Singapore. Delta Partners delivers tangible results to its clients and investors through its exclusive sector focus on telecom, media and technology, and a unique approach to services, combining strategic advice and a hands-on pragmatic approach.

 

For further information please contact:

 

Mia Mutic
Delta Partners
+971 (4) 369-2999
mmu@deltapartnersgroup.com