Latest Telecommunications News

American West Metals has launched a targeted field program at its West Desert Project in Utah, focusing on resampling historical drill core for indium and gallium ahead of a new drilling campaign. The project already hosts the largest indium resource in the US with significant expansion potential.

Activeport Group has integrated NBN circuit provisioning into its Global Edge platform, extending national coverage across Australia and improving gross margins by 25% on $1.9 million annual revenue.

Credit Clear Limited has agreed to acquire UK debt collector ARC Europe for A$10.9 million, backed by a $20.75 million institutional placement led by Chair Paul Dwyer. The deal aims to accelerate growth by integrating Credit Clear’s digital platform into ARC’s established UK operations.

Service Stream has delivered a robust FY25 performance with revenue growth, record profits, and a landmark $1.6 billion Defence contract, setting the stage for continued expansion.

Comms Group Limited reported a steady 2% revenue increase in FY25, hitting the highest gross margin in five years, while targeting over $75 million in run-rate revenue post-TasmaNet integration.

Vonex Limited has finalized its Scheme of Arrangement, transferring all shares to Maxo Telecommunications and initiating a board overhaul ahead of its imminent ASX delisting.

Scout Security has raised a further $220,000 through a share placement, bringing total capital raised to $820,000, as it works toward resolving its trading suspension.

Hawk Resources has raised A$5 million and secured an option to earn up to 80% of the Olympus Scandium Project in Western Australia, aiming to advance exploration of a large-scale scandium anomaly in a Tier-1 jurisdiction.

SportsHero Limited has significantly expanded its mobile gaming portfolio by securing rights to distribute over 600 hyper casual HTML5 games across Southeast Asia, positioning itself strongly in a booming market.

Everest Metals has signed a strategic MOU with Arlington Innovation Partners to access U.S. government non-dilutive funding and partnerships, advancing its Mt Edon critical minerals project focused on rubidium and lithium.

Aussie Broadband reported robust FY25 results with nearly $1.2 billion revenue and signed a transformative six-year wholesale agreement, setting the stage for ambitious growth through FY28.

Vonex Limited’s shares will be suspended from ASX trading following court approval of its acquisition by Maxo Telecommunications, marking a pivotal moment for the telecom services company.