Latest Broadband Networks News

Comms Group Limited has inked a binding agreement to acquire TasmaNet, a leading Tasmanian communications provider, significantly expanding its network assets and customer base. This strategic move is expected to lift Comms Group’s proforma revenue to around $75 million and EBITDA to $9-10 million annually.

NAOS Small Cap Opportunities Company Limited reveals that BSA Limited, a significant investee, was not selected for the new NBN Field Services Contract, potentially impacting NAOS’s investment returns.