An emerging ASX Telecom stock growing through acquisitions

The world is embracing digital and 5G and telecom infrastructure, wired or wireless is much needed. COVID-19 lockdowns have made the world more dependent on Telecom or Internet Services. One ASX listed Telecommunications company is preparing itself f...

Why is this ASX-listed internet service provider surging to new highs?

Data consumption has shot up to new highs after the onset of the COVID-19 pandemic. According to a report by PwC, the global data consumption has surged by more than 30% in 2020 as compared to the previous year. With lockdown restrictions forcing peo...

Swoop (ASX:SWP) completes Countrytell and Voicehub acquisition

Highlights Swoop completes transactions for acquiring 100% shares of Countrytell, Voicehub and Harbourtel (collectively known as Voicehub).  The Company uses its existing cash reserves to fund the cash components of the transaction.  ...

SCEE Group (ASX:SXE) wins Contract worth over A$100M

Highlights SCEE's subsidiary Heyday wins electrical and communications services contract for Western Sydney International Airport passenger terminal. The value of the award is over AU$100 million. The airport is on track to start domestic and ...

Swoop (ASX:SWP) acquires voice service provider VoiceHub

Highlights ASX:SWP seeks to expand its network offerings. Swoop will be acquiring Sydney based VoiceHub. Swoop has agreed to pay AU$6 million in cash and shares for acquisition. ASX-listed network infrastructure provider Swoop Holdings Li...

Superloop (ASX:SLC) sells HK operations and select SG assets

Highlights Superloop has struck a deal regarding the sale of Superloop (Hong Kong) Limited and some selected assets from Superloop (Singapore). The cost of transaction is AU$140 million.   Post this announcem...

ASX communication stocks with more than 100% returns - FSG, UWL, ABB

Highlights Australia’s telecom sector is amongst the most competitive and mature telecom markets in the world. Australia is making progress towards 5G implementation and is investing in Mobile Black Spot Program. FSG, UWL, ABB are a few ...

ASX-Listed Telcom Giants Telstra and TPG Telecom in Spotlight, here's why?

On 15 September 2021, millions of people in Australia were left with no phone and internet due to a major supply outage. The telecom failure brought down services offered by most telecom service providers like Telstra, TPG, Optus, Internode, iiNet,...

Nine (ASX:NEC) shares down 10%: Why did the stock end in red today?

Highlights  The release of the Nine’s latest full-year results. The share price of Nine has plummeted by almost 10%. Nine projects metro FTA ad income to grow by over 20% in the present quarter compared to last year. Nine Enter...

TPG Telecom in discussion: Posts robust 1H FY2021 results, partners with Uniti Group

Summary TPG announced solid 1H FY2021 results in 1H FY2021 with revenue of AU$2.63 billion. It would focus on continued growth in home wireless and on-net products. The Company also partnered with Uniti Group, with Uniti becoming a wholesale c...