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How Nexion Group’s $2.5M Asset Sale Fuels Its AI Ambitions

4:31am on Saturday 30th of August, 2025 AEST Information Technology
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How Nexion Group’s $2.5M Asset Sale Fuels Its AI Ambitions

4:31am on Saturday 30th of August, 2025 AEST
Key Points
  • Net loss narrowed to $768K from $1.92M in prior year
  • Datacentre and managed services classified as discontinued operations
  • Sale of Nexion W1 DC to Carrier Connect completed for $2.5M
  • Pending sale of Nexion Networks and Blue Sky Telecom to Pier DC
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