Latest Aussie Broadband (ASX:ABB) News

Aussie Broadband has reported a strong financial year with a 19% increase in revenue and a 24% rise in net profit, alongside a solid dividend payout.

Aussie Broadband has inked a six-year exclusive wholesale agreement with More Telecom and Tangerine Telecom, adding over 250,000 broadband connections and boosting its network to more than one million users. The deal is expected to contribute $12 million in annual EBITDA from FY27 and marks a significant step in Aussie Broadband’s wholesale growth strategy.