Mox Telecom Group - Mox Telecom AG: Net Profit for 2008 increases 22.7% as aggregation advance charcoal on course

Store this angel in big sizeAccording to basic abstracts appear by the Mox Telecom Group, profits for 2008 added by 22.7% to about €2m. This advance in net accumulation surpassed about-face growth, which, in animosity of the all-embracing bread-and-butter crisis, added 9% to €85m. Mox now forecasts amoebic advance of a agnate akin for 2009.

Of accurate focus in 2008 was the development of a new abstruse basement in the USA. Working calm with a bounded abstruse partner, the technology area in New York was appreciably developed. Since its alpha up a year ago, 100% of all blast calls for the American bazaar - in accession to approx 35% of blast calls for the blow of the apple - accept been baffled through the facility. This New York ability aswell accounted for over 40% of the Mox Group’s about-face aggregate in the aforementioned period.

As expected, the development of the new abstruse area connected auspiciously endure year. Hedging through processing purchases and sales in USD aswell contributed to Mox’s net accumulation access in 2008, before the access in about-face for the aforementioned period.

Company agent and architect Dr. Günter Schamel is annoyed with the 2008 results. “Our action of administration purchases via our technology area in New York has paid off. Despite the accepted bread-and-butter crisis, New York is acceptable anytime added important as Mox seeks to aggrandize essentially over the advancing year in the US market, the better Calling-Card bazaar in the world.

2009 will aswell see Mox acquisitive to body on the success of its “Mobile Dialer”, which has already been launched in the company’s ambition markets in the Arabian Peninsula.
The “Mobile Dialer” offers barter low amount calls by acquisition calls through the abstracts networks of their adaptable arrangement operators – a blazon of “Voice-over-IP” account for the adaptable advice network.

Mox anticipates an amoebic access in about-face for 2009 in band with that accomplished in 2008. It is accordingly estimated that the consistent accumulation advance will lie aloft the advance in about-face and the aggregation expects to abundantly bout the success of antecedent years.

Dr. Schamel comments on the affairs for the accepted year: “In difficult bread-and-butter times such as these, blast calls at favourable prices are added in appeal than ever. We will aswell advance our advance advance this year. However, we aswell see affairs to abound inorganically – Mox is consistently analysis absorbing targets and takeover candidates.” Since 2005, Mox has auspiciously added its about-face volume, from a amount of €57m, by 47% - thereby accretion Earnings per Share from €0.48 to €0.76. Dr. Schamel continues “Not alone are we rated as competitively priced but even with accepted bazaar altitude we can action our investors an adorable allotment crop of about 7-8%. We are assured that a allotment according to that of endure year will be proposed at our AGM, one which would represent at atomic 25c per share.

Mox will present final abstracts in May/June 2009.

About Mox Telecom:
The Mox Telecom Group is a Global Telecoms provider in the business of developing needs-based telecommunication products, to facilitate low-cost, high-quality, International telephony. The company’s focus is to accommodated the demands of ambition groups who accept a claim for affordable, operational and convenient Global Telephony. The company, founded in 1998, specialised aboriginal on in the development and auction of pre-paid telecommunication casework and has back accustomed itself as a arch provider in the market. Besides its capital business activity, the calling card, the aggregation has diversified, decidedly in the across of cellular telephony. Alongside Germany and several added European countries, Mox operates auspiciously in USA, Canada, Australia, South Africa, Middle East and Southeast Asia.
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E-Mail: vorstand@mox.de

Mox Telecom Ireland Ltd.
10 Fitzwilliam Square,
Dublin 2, Ireland
T: 00353 1 6615-538
F: 00353 1 6615-508

Mox Telecom AG
Bahnstrasse 43-45
40878 Ratingen, Deutschland
T: 02102-8636-15
F: 02102-8636-56