SINGAPORE (XFN-ASIA) - Global Voice Group Ltd

SINGAPORE (XFN-ASIA) - Global Voice Group Ltd, which owns and operates
a
fiber optic network in 14 European countries, was sharply higher in
the
afternoon session on an expected recovery in its fundamentals, an
analyst
said.

At 3.05 pm, Global Voice was up 0.015 sgd or 9.1 pct at 0.18 sgd,
its
highest level in a month.

"We believe Global Voice's fundamentals are recovering," Kelive
said
in a client note and gave a "buy" recommendation to the stock.

"Global Voice's revenue recovery will be underpinned by demand
growth
from bandwidth hogging services such as broadband adoption, corporate
VoIP, WIMAX, 3G applications and remote realtime data backup. Based on
the
company's internal projections, Global Voice aims to increase
bandwidth
utilization to 50 pct over the next 5 years."

With an average utilization rate of 5 pct currently, Kelive said
there is room for growth without need for additional capex
investments.