Next Investors logo grey

Vonex and Qantas team up to target SMEs


Published 19-JUN-2019 13:12 P.M.


2 minute read

Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.

In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.

The below articles were written under our previous business model. We have kept these articles online here for your reference.

Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.

Click Here to View Latest Articles

Highflying telecommunications innovator Vonex Ltd (ASX:VN8) has entered a partnership as VoIP (voice over Internet protocol) and Hosted Phone System telecommunications provider to Australia’s largest business to business loyalty program, Qantas Business Rewards (QBR).

Vonex has achieved outstanding growth in its key markets in 2019, resulting in its shares increasing approximately 50% since January.

In the QBR program, small and medium enterprise (SME) members earn points not only when they fly with Qantas Airways Ltd (ASX:QAN), but also through their daily business expenditures with QBR’s select group of program partners.

The partnership will provide valuable marketing support to Vonex over the next 24 months, presenting significant growth opportunities for the company, particularly given SMEs are an important target market for the group.

The Qantas partnership will provide significant oppprtunities for Vonex.

The new agreement will see Vonex join QBR’s select group of program partners and aligns the company with Qantas’ network of complementary high-profile businesses, including American Express, Westpac, Deloitte, Macquarie Leasing, Caltex, Coca-Cola Amatil and Harvey Norman Commercial.

Vonex becomes part of a blue-chip network

Underlining the importance of Vonex’s opportunity to become part of the Qantas network, managing director Matt Fahey said, “We are extremely proud to partner with Qantas Business Rewards.

“This partnership marks an exciting period for Vonex as we align with not just one of Australia’s most trusted brands, but also with the program’s network of nationally recognised partners.

“The ability to incentivise and attract customers with Qantas Points will prove valuable in helping Vonex engage businesses with which we can make a meaningful difference.”

Interestingly, this is the second time in a matter of days that we have seen corporations outside the traditional telco sector acknowledge the scale of the communications sector and its potential partnering benefits.

On June 11, AGL made a non-binding indicative proposal for telecommunications services provider Vocus Group Ltd.

While this has since been withdrawn, it is an indication that the sector is under the microscope.

Head of Qantas Business Rewards, Eric Jelinek, underlined the relevance of the telco sector and the SME market to Qantas’ business in saying, “Qantas Business Rewards is always looking for new ways to reward its members.

“The telco sector is highly relevant to Australian SMEs and we are delighted to partner with Vonex, an award-winning telco that prides itself on its SME focus and expertise.

“We look forward to a fantastic partnership that enables our members to earn Qantas Points on telco products and services.”

General Information Only

S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

Conflicts of Interest Notice

S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.

Publication Notice and Disclaimer

The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.

Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.

This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.