Latest Connectivity News

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.

Elsight Limited has reported a remarkable 344% jump in first-half revenue to US$4.85 million, significantly narrowing its net loss and securing a substantial US$39 million capital raise to fuel growth.

nib Holdings reported a solid FY25 with underlying operating profit of $239.2 million and 3.2% policyholder growth, driven by digital innovation and operational efficiencies. The Group’s strategic focus on core health insurance and adjacent services sets the stage for continued momentum into FY26.

IMDEX Limited reported resilient FY25 earnings highlighted by a record fourth quarter revenue and significant progress in its digital growth strategy, supported by strategic acquisitions and strong operational performance.

Chorus Limited reported a resilient FY25 with modest revenue growth, increased fibre uptake, and a positive net profit, while advancing its all-fibre strategy and sustainability commitments.

Tourism Holdings Limited (thl) reported a statutory net loss of $25.8 million for FY25 amid challenging market conditions but posted an underlying profit of $28.7 million. The company’s growth roadmap aims to exceed $100 million in annualised NPAT within four years, driven by rental expansion and operational efficiencies.

Entertainment Rewards Ltd has expanded its loan facility by $3 million with Suzerain Investment Holdings, aiming to accelerate its Revenue Pivot Strategy and strengthen working capital.

X2M Connect has successfully completed an oversubscribed capital raise, securing $5.4 million to strengthen its balance sheet and accelerate growth across Asia and the Middle East.

Taiton Resources has completed heritage surveys at its Challenger West and Highway projects, paving the way for targeted drilling programs in South Australia. The company has also submitted an environmental application to support these upcoming exploration activities.

hipages Group has delivered a strong FY25 performance, achieving key strategic milestones and robust financial growth, setting the stage for continued momentum in FY26.

BrainChip Holdings reports a significant revenue surge and reduced losses in H1 2025, underpinned by new contracts, strategic collaborations, and an expanded funding agreement.

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.