Vonex Limited partnered with telecommunications service provider More to become More's exclusive provider of Hosted PBX services to new and existing CBA customers, and to deliver a new hosted PBX and IP telephony enablement platform for More's new and existing small to medium enterprise (SME) customers. Vonex has signed a binding Heads of Agreement to develop, operate and maintain a customised software platform for the enablement, provisioning and management of Hosted PBX services, IP telephony hardware and softphone licenses for new and existing small to medium enterprise (SME) customers of More, the strategic telecoms partner of The Commonwealth Bank (CBA). With annualised revenue over $100m and more than 125k active customers, More is a Melbourne-based provider of a full suite of innovative NBN, business phone and mobile products, services and plans to consumers and SME business customers.

Comprising More Telecom Pty Ltd. and Tangerine Telecom Pty Ltd, More is part-owned by Commonwealth Bank, having announced a strategic partnership in July 2021 that unlocks special benefits for CBA customers. This agreement coincides with More Telecom's well-publicised launch of Business NBN and Business Hosted Phone for CBA customers. More has agreed to exclusively use Vonex as its wholesale provider of Hosted PBX services, phone numbers, call carriage and hardware to new and existing customers for up to six years.

More Telecom have 8,800 existing Hosted PBX business services on their own network which as part of the deal will be moved to Vonex's platform. Vonex will earn fees associated with the design, development, and implementation of the platform, and expects significant revenue from the Hosted PBX user license fees, call carriage and hardware sales.