Latest Telecommunications News

Page 26 of 27
Vonex Limited reported a net cash inflow of $779,000 from operating activities in Q4 2024, maintaining a solid cash position despite accelerated debt repayments following a change of control.
Sophie Babbage
Sophie Babbage
23 Jan 2025
NIMY Resources has reported record-high gallium grades at its Block 3 East prospect, positioning itself as a potential key supplier in a market set to surge tenfold by 2034.
Maxwell Dee
Maxwell Dee
23 Jan 2025
Etherstack has secured a $1.2 million contract with AT&T to supply wireless network equipment, reinforcing its role in mission-critical communications and promising revenue growth this financial year.
Sophie Babbage
Sophie Babbage
22 Jan 2025
Battery Age Minerals has verified the presence of Germanium-76 in concentrate from Austria’s historic Bleiberg mine, positioning the project as a strategic supplier for semiconductor materials amid tightening global supply.
Maxwell Dee
Maxwell Dee
22 Jan 2025
Pentanet Limited reports its first EBITDA positive quarter in FY25 Q2, driven by a successful 5G coverage expansion and strong growth in its NVIDIA Cloud gaming platform. The company is on track to double its 5G footprint this year, underpinning future profitability and market competitiveness.
Sophie Babbage
Sophie Babbage
22 Jan 2025
Pentanet Ltd reported a positive cash flow from operations of $860,000 for the December 2024 quarter, maintaining a healthy cash balance of $2.22 million despite significant capital expenditures including a $1.6 million payment for a 5G spectrum license.
Sophie Babbage
Sophie Babbage
22 Jan 2025
Pentanet has reached a key financial milestone by turning EBITDA positive in H1 FY25, driven by strong 5G subscriber growth and cloud gaming revenue expansion. The company is on track to double its 5G network coverage this year, underpinning future growth.
Sophie Babbage
Sophie Babbage
22 Jan 2025
BKI Investment Company Limited posted a decline in net profit and earnings per share for the half-year ending December 31, 2024, yet declared a higher fully franked interim dividend, signaling confidence amid economic headwinds.
Claire Turing
Claire Turing
21 Jan 2025
Activeport has successfully closed a $6.1 million capital raise, including a significant placement to new institutional investor MWP Partners, positioning the company for accelerated growth in the global telecommunications and data centre software markets.
Sophie Babbage
Sophie Babbage
21 Jan 2025
Vonex Limited has terminated its proposed scheme with Maxo Telecommunications amid shareholder opposition, while MaxoTel’s 4.4c cash offer will close on January 28, 2025. The Vonex Board recommends shareholders accept MaxoTel’s offer and reject Swoop Telecommunications’ conditional scrip bid.
Sophie Babbage
Sophie Babbage
16 Jan 2025
Vonex Limited has vested performance rights for its CEO and directors following MaxoTel’s acquisition of majority control, with shares set to be sold on-market. The company reports a mixed 1H FY25 financial performance and is exploring options to repay a $23 million debt facility, including a potential capital raise.
Sophie Babbage
Sophie Babbage
14 Jan 2025
Unith Ltd has strengthened its financial position through a partial divestment in AudioStack while renewing a key public health contract and achieving its highest B2C subscription revenue in two years.
Sophie Babbage
Sophie Babbage
13 Jan 2025