Latest Cloud Networking News

Megaport Limited has launched a Share Purchase Plan (SPP) targeting up to A$20 million, following a successful A$200 million institutional placement. Eligible shareholders in Australia and New Zealand can acquire shares at a discount, supporting the company’s recent acquisition and expansion plans.

Megaport Limited delivered a robust FY25 with 20% growth in annual recurring revenue and EBITDA surpassing guidance, setting the stage for continued expansion in FY26.

Activeport Group has unveiled Private-Cloud Connect, Australia’s first variable bandwidth fibre network for private cloud services, securing three major data centre customers shortly after launch.

Activeport Group has secured over $1.2 million in new Network-as-a-Service orders across Sydney and Melbourne, marking a strong market debut for its Global Edge platform. The company’s innovative self-service network offering is set to drive significant revenue growth in FY26.