Latest Telecommunications News

Vonex Limited shareholders have overwhelmingly approved Maxo Telecommunications’ acquisition scheme, setting the stage for a court decision that could delist Vonex from the ASX.

MaxoTel has locked in a business finance agreement with Westpac to fund its proposed acquisition of Vonex shares, reinforcing the path to a shareholder vote on the scheme. Vonex’s independent directors continue to recommend approval, pending no better offers and expert endorsement.

Spark New Zealand has launched its ambitious SPK-30 strategy, refocusing on core connectivity services with heavy investment in 5G and AI-driven customer experiences. The plan aims to deliver stable returns and sustainable growth amid evolving market dynamics.

Telstra Group Limited has confirmed a fully franked ordinary dividend of 9.5 cents per share for the first half of FY25, alongside an updated Dividend Reinvestment Plan price reflecting recent trading activity.

Activeport Group launches Asia’s inaugural software-orchestrated Network-to-Network Interconnect Exchange in Singapore, integrating Megaport’s global data centre connectivity to transform cross-border telecom services.

5G Networks has reported a strong FY25 with an 8% revenue increase and a positive EBITDA turnaround, driven by the strategic acquisition of cyber security firm AUCyber. The company’s expansion into sovereign cloud services signals a new growth chapter.

FlexiRoam Limited reported an 8.6% revenue decline for FY25 but achieved a remarkable turnaround in the second half, posting positive EBITDA and net profit after a CEO-led operational reset.

Pentanet Limited has achieved its first full-year positive EBITDA of $1.4 million in FY25, driven by strong growth in its telecommunications and gaming segments, alongside strategic 5G network expansion and technology upgrades.

Pentanet has achieved its first full-year positive EBITDA of $1.4 million in FY25, driven by strong growth in 5G subscribers and a profitable gaming segment. The company’s strategic focus on capital-efficient 5G expansion and gaming platform optimisation signals a new phase of growth.

Pentanet Limited has reported its first-ever positive EBITDA of $1.4 million for FY25, alongside an 8% revenue increase and a significant expansion of its 5G Fixed Wireless network covering a quarter of its tower footprint.

Comms Group delivered FY25 results at the upper end of guidance, boosted by record new sales and the acquisition of TasmaNet. The company sets sights on accelerated growth and integration benefits in FY26.

Comms Group Limited reported a 2.1% revenue increase to $56.6 million for FY25, driven by organic growth and the strategic acquisition of TasmaNet. Despite this, underlying EBITDA declined 13.6%, reflecting investments and one-off revenue adjustments.