News Articles for Alex West

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.

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.

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.

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.