Latest Broadband News

ikeGPS Group delivered a strong FY26 with platform subscription revenue up 33% to NZ$19.2 million and positive underlying EBITDA in March, supported by AI-driven pricing and expanding US utility adoption.

Mercury has lifted its FY2026 EBITDAF guidance by 5%, citing better-than-expected renewable generation from hydro and new assets. The upgrade signals disciplined portfolio management but remains sensitive to hydrological variability.

Tuas Limited has reported a robust first half for FY26, with significant revenue and profit growth driven by expanding mobile and broadband subscribers, alongside progress on its strategic M1 acquisition.

Manhattan Gold Limited has clarified recent share price and volume spikes, attributing them to strategic corporate communications and a fresh investor research report.

Superloop has reached a significant milestone under its exclusive Origin Energy contract, surpassing 250,000 broadband subscribers and triggering a share issuance obligation.

Swoop Holdings Limited has reported a net loss for the half-year ended 31 December 2025, with auditors highlighting material uncertainty over the company’s ability to continue as a going concern. The mobile services provider faces operational and financial challenges as it pursues growth in a competitive market.

Infotrust has agreed to sell its Cloud & Communications segment, Nexgen, to Aussie Broadband for $50 million, marking a decisive pivot towards cyber security. The move prompts withdrawal of FY26 earnings guidance as the company reshapes its future.

Aussie Broadband reported an 8.4% revenue rise to $637.8 million in H1 2026, driven by broadband and mobile growth, but net profit fell 58% due to a $14.8 million goodwill impairment. The company declared a fully franked dividend and announced major acquisitions to boost its customer base.

Chorus Limited has reported a strong half-year performance driven by fibre broadband growth, operational efficiencies, and a return to profitability, while launching initiatives to boost digital inclusion.

Superloop has agreed to acquire Lightning Broadband for $165 million, significantly expanding its fibre footprint and accelerating its Smart Communities strategy across Australia.

Spark New Zealand’s H1 FY26 results reveal a strong rebound in profitability driven by mobile service revenue growth and disciplined cost reductions, alongside the strategic sale of its data centre business.

Aussie Broadband has agreed to acquire AGL Telco’s telecommunications assets, adding 350,000 broadband and mobile connections and forming a long-term exclusive partnership with AGL. This deal positions Aussie Broadband as Australia’s third largest NBN provider.