Latest Telecommunications News

ION Video Limited (ASX: IOV) reported its first-ever positive operating cash flow of $179,847 for the June quarter, eliminated $2.65 million of debt through Convertible Note conversion, and expanded its patent portfolio to five families while advancing its Virtual Video platform technology.

Spacetalk has inked a strategic MVNO deal with TPG Telecom, aiming to improve mobile service economics and accelerate subscriber growth as it shifts towards a software-led business model.

Vection Technologies has landed a $3.2 million order from Retelit Digital Services after its Algho AI platform passed certification, becoming Retelit's designated AI provider for enterprise and government clients across Italy.

Tasmea has completed its acquisition of Maxim Group, significantly expanding its electrical services footprint and positioning the segment to contribute more than half of FY27 earnings guidance.

DXN Limited has landed a $1 million contract to deliver a Cable Landing Station in American Samoa, reinforcing its foothold in Pacific telecom infrastructure while divesting a non-core Tasmanian data centre.

BSA Limited has locked in its role as Foxtel’s exclusive national supplier for at least three more years, extending a partnership that began in 1998. The contract now runs until October 2029, with two additional one-year options available.

Heavy Rare Earths Limited has initiated a strategic review of its Cowalinya rare earth project, focusing on heavy rare earth oxides critical for energy and defence sectors. The review aims to unlock value from high-grade zones within a substantial JORC resource through expert reinterpretation and targeted metallurgical testing.

Comms Group has agreed to divest its onPlatinum IT managed services division for A$30 million, a move that simplifies its business and boosts balance sheet strength ahead of FY27.

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.

Tasmea Limited forecasts over 70% earnings growth in FY27, driven by acquisitions and organic expansion, underpinned by a record order book and strong industry demand.

Ventia Services Group has appointed Mark Ralston as its new Managing Director and Group CEO, succeeding Dean Banks in a planned leadership transition set for September 2026.

Norwood Systems has landed a paid pilot trial with a major UK telecom to showcase its OpenSpan AI orchestration and CogVoice applications, marking a key step in its international expansion.