Latest Network Migration News

Spacetalk’s active Mobile subscriber base rose 20% to 61.4k in the September quarter, but revenue fell 32% to $3.1 million as device sales, App revenue and Schools income declined. The $10 million placement lifted cash to $5.2 million, although the company reported only 1.4 quarters of funding at its current operating cash burn.

Spacetalk Ltd has locked in $10 million through a two-tranche share placement, aiming to fund platform enhancements, inventory growth, and a major network migration.

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.

Etherstack plc reported a robust FY2025 financial rebound with revenue soaring 70% to US$10.1 million, driven by major US project deliveries and a 62% rise in recurring support revenues. The company also turned EBITDA positive and secured key long-term contracts, setting the stage for strong growth in 2026.