Latest Communications News

Comms Group Limited is set to divest its onPlatinum division for $30 million, aiming to strengthen its balance sheet and return capital to shareholders. The company maintains solid FY26 guidance, driven by organic growth and cost rationalisation.

Swift TV Ltd has secured a significant follow-up order from Chevron, adding 1,900 devices to its connected TV platform across key offshore accommodation sites, boosting total installations to nearly 4,000 units.

BlackRock Investment Management (Australia) has announced estimated cash distributions for 16 Australian iShares ETFs, with payments scheduled for mid-July 2026. Investors must be registered by 2 July and ensure bank details and tax certifications are up to date.

CONNEQT Health Limited is offering eligible shareholders a share purchase plan to raise up to $0.5 million at a 24.3% discount, aiming to fund its next growth phase in vascular health technology.

Truscreen Group has issued nearly 150 million new shares at NZ$0.013 each, expanding its share base by 17.4% following a renounceable rights issue. The fully paid shares rank equally with existing stock, lifting total ordinary shares to just over one billion.

Euroz Hartleys is set to sell its Capital Markets division to BMO Financial Group for A$145 million, refocusing on its Private Wealth operations and returning proceeds to shareholders.

Cluey Ltd has formally requested voluntary delisting from the ASX, with the exchange agreeing in principle subject to shareholder approval and regulatory conditions. A general meeting is scheduled for 13 August 2026 to vote on the proposal.

ikeGPS Group Limited reported a 33% surge in subscription revenue to NZ$19.2 million for FY26, driven by AI-powered product innovation and expanding adoption among North American utilities. The company achieved positive underlying EBITDA in March and ended the year with NZ$33 million cash and no debt.

ClearVue Technologies is inviting eligible shareholders to participate in a $1 million Share Purchase Plan at a discount, following a $5 million institutional placement. The capital raised will support ERP rollout, R&D, and working capital.

Comms Group has agreed to divest its onPlatinum IT managed services division for A$30 million, a move that simplifies its business and boosts balance sheet strength ahead of FY27.

Neuren’s partner Acadia secures positive CHMP opinion for DAYBU® in Rett syndrome, paving the way for first EU treatment approval and triggering significant milestone payments for Neuren.

Skin Elements Limited has secured a $900,000 placement at a 25% discount to recent prices, bolstering its balance sheet to advance its natural biotechnology product range. The company also appointed Rod Nicholas as non-executive chairman and engaged Phoenix Global Investments for investor relations.