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Swoop ended Q1 FY27 with $5.9 million in cash after a $2.0 million operating outflow, but is progressing two conditional fibre asset sales worth about $15.5 million. The TPG mobile migration also produced less customer churn than expected, giving the challenger telco some operational momentum as it works to reduce debt.
Sophie Babbage
Sophie Babbage
27 Oct 2026

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