Latest Telecommunications Sector News

Swoop Holdings confirms its support for Vonex Limited’s acquisition by Maxo Telecommunications, planning a full exit that frees capital for new growth opportunities.

Superloop Limited has raised its FY25 underlying EBITDA guidance to at least $91 million, significantly surpassing earlier forecasts and signaling robust business momentum.

GTN Limited has revised down its FY25 revenue and adjusted EBITDA guidance, citing one-off corporate expenses and strategic investments, while maintaining strong cash flow and capital management plans.

DXN Limited has secured a $1.6 million contract with Ventia to deploy its innovative StructCore prefabricated indoor data centre solution for a major Australian telecommunications provider, marking a strategic expansion into a new market segment.

Hutchison Telecommunications (Amsterdam) B.V. has declared its takeover offer for Hutchison Telecommunications (Australia) Limited unconditional after securing over 98% ownership, signaling a decisive step in consolidating control.

Hutchison Telecommunications’ Independent Board Committee advises shareholders to take no immediate action on the off-market takeover offer from majority owner HTABV, as it carefully evaluates the proposal.

Ava Risk Group reported a solid Q3 FY2025 with $6.5 million in sales orders and a key new contract with Telstra for subsea cable protection, setting the stage for accelerated growth in Q4.

Vonex Limited has appointed Michael Blake as CEO while completing a $13.9 million entitlement offer and refinancing its debt, reinforcing its operational and financial foundation. The company also earned recognition for industry-leading complaint resolution.

Vection Technologies has successfully raised $3.55 million, exceeding its initial $2 million target, following a robust Q3 FY25 performance marked by a 92% increase in cash receipts and a significant boost in recurring revenue.

5G Networks Limited has closed its on-market takeover offer for AuCyber Limited, acquiring an 89.685% stake but falling short of the 90% threshold needed for compulsory acquisition.

Vonex Limited has announced a $13.9 million non-renounceable entitlement offer to reduce its substantial debt, with major shareholder Maxo Telecommunications underwriting the raise. The move comes as CEO Ian Porter prepares to depart, marking a pivotal moment for the telecommunications provider.

Vonex Limited has announced a $13.9 million non-renounceable entitlement offer primarily aimed at reducing its debt, alongside the upcoming departure of CEO Ian Porter. Major shareholder MaxoTel is backing the raise with a substantial commitment.