News Articles for Swoop Holdings

An authoritative body has issued warnings to four telecommunication companies, including Optus and Tattarang-backed Swoop, over a failure to comply with rules.

Andrew Forrest-backed telco Swoop has made an off market takeover bid for competitor Vonex, signalling a bidding war with Perth-based Maxo Telecommunications.

Andrew Forrest-backed Swoop Holdings has entered into a binding sale agreement in order to divest its wholesale voice call termination business to Pivotel Group for $9 million.

Public policy shortcomings have continued to pay dividends for private internet network providers.

Tony Grist, Gavin Rezos and Stephen Langsford are prolific dealmakers - they share the lessons they've learned over three decades and explain what they look for in new investments.

Andrew Forrest-backed Swoop Holdings is completing its first acquisition of the year, having agreed to buy South Australian network provider iFibre for $1.5 million in cash.

NSW-based challenger telco Swoop is headed back to investors as it seeks to continue its recent spate of acquisitions since listing on the ASX in May.

Challenger telcos are deepening their WA networks as new technologies and structural shortcomings embolden alternatives to the NBN.

Swoop has chalked up yet another successful acquisition following the completion of a $4.2 million deal for Newcastle-based Countrytell.

Australians have given fixed-wireless internet the tick of approval as two major providers today reported strong growth in revenue and earnings in the year to June.

Swoop has secured a more than $5 million, five-year contract with Orro Group to provide NBN enterprise ethernet services to its Western Australian users.

WA's richest man and one of the state's keenest telco investors are taking on the NBN.

Swoop's acquisition frenzy has shown no sign of slowing down following its $6.7 million purchase of SA-based Beam Internet.

Swoop Holdings has made its second major acquisition in under a month, picking up Community Communications and more than a dozen of its fixed-wireless towers for an undisclosed sum.

Andrew Forrest-backed telco Swoop has made its first major acquisition since listing on the ASX after finalising a $1.8 million deal to buy Victoria-based ISP Speedweb.

Our board moves wrap includes Elizabeth Aris, Stephen Targett, Ann Robinson, Barry Hartnett, Jason Musca, Louise Bolger, and Maggie Niewidok.

Shares in Andrew Forrest-backed telco Swoop more than doubled in value today as the company finished its first day of ASX trading with market capitalisation of $212 million.

Our board moves wrap includes Simon Youds, Ben Macnamara, Jimmy Wilson, Mick Daw, Lionel Liew, Tim Grice, Ryan Legudi, James Spenceley, Anthony Grist, Paul Reid, Matthew Hollis, and Tom Peregoodoff.

Two internet service providers backed by Andrew Forrest's Tattarang are set to merge and list on the ASX through a reverse takeover of Sydney-based outfit Stemify.