Latest Nbn News

Service Stream Limited (ASX: SSM) posted a modest 1.1% revenue rise to $2.35 billion for FY26, driven by Utilities and Asset & Facility Management growth, including a new Defence contract. EBITDA from operations surged 11.8% to $163.4 million, while statutory NPAT dipped 3.8% due to $21.2 million in ERP modernization costs. The company declared a final dividend increase to 3.5 cents per share.

Superloop has reported a 21.6% revenue increase to $664.3 million and a 33% rise in underlying EBITDA to $122.7 million for FY26, completing its Double Down strategy and launching the SuperCharge29 growth plan targeting over $1 billion in revenue by FY29.

Pentanet has reported an 8% revenue increase to $24.4 million and a 74% rise in EBITDA to $2.4 million for FY26, driven by its expanding cloud gaming platform and resilient telecommunications base.

Swoop Holdings reported a strong quarter with cash reserves rising above $8.8 million and a 4% increase in customer numbers, supported by a new wholesale deal with TPG Telecom and pending proceeds from the Melbourne Fibre project sale.

Activeport’s Global Edge platform has secured contracts with Spark and ViewQwest, setting the stage for a significant uplift in recurring revenue and international expansion.

Swoop Holdings has agreed to sell its Melbourne Fibre Project subsidiary to Singapore-based Xenith Infrastructure Group for $11 million plus project cost reimbursements. The deal offloads remaining capital commitments and will help reduce Swoop’s debt.

Swoop Holdings’ Moose Mobile has struck a wholesale MVNO agreement with TPG Telecom, aiming to lift gross margins by 50% and grow its subscriber base to over 180,000 within three years.

Aussie Broadband has finalized its takeover of AGL Telco, adding 350,000 connections and setting the stage for significant earnings growth. The company is also progressing key customer migrations and upgrading its growth ambitions toward 1.3 million NBN connections.

Superloop Limited upgrades FY26 underlying EBITDA guidance to $118-$122 million, driven by strong trading and the Lightning Broadband acquisition, while launching a bold three-year Supercharge29 strategy targeting sustained growth and shareholder returns.

TPG Telecom’s 2026 Investor Day reaffirmed FY26 EBITDA guidance and outlined a medium-term plan focused on mobile revenue growth, digital transformation, and cost efficiency, supported by a robust balance sheet ahead of spectrum licence renewals.

Ventia Services Group reported a strong FY25 with revenue of $6.1 billion and 13% NPATA growth, while CEO Dean Banks announced his planned departure later this year. The company reaffirmed its FY26 guidance and highlighted growth opportunities in Defence, Digital Infrastructure, Energy, and Water.

X2M Connect has teamed up with Mawson Business Advisory to roll out an integrated AI-driven smart community platform featuring private 5G connectivity, targeting Australia's $6.2 billion retirement village market with long-term contracts.