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Swoop advances $15.5m fibre exit as TPG migration holds customers

11:47am on Tuesday 27th of October, 2026 AEDT • Telecommunications
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Swoop advances $15.5m fibre exit as TPG migration holds customers

11:47am on Tuesday 27th of October, 2026 AEDT
Key Points
  • $5.9m cash balance after $2.0m quarterly operating outflow
  • Conditional Melbourne and Sydney fibre sales total about $15.5m
  • $22.0m of secured Westpac debt outstanding at quarter end
  • Mobile and NBN retail services fell by fewer than 7,000 during TPG migration
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