SYDNEY: Swoop, a telecommunications company, has made a significant move by acquiring the conduit and fibre assets in a housing estate located near Geraldton, Western Australia. The deal, valued at $500,000, is expected to generate $1.2 million in revenue over…
SYDNEY, AUSTRALIA: Swoop has entered into a binding sale agreement to divest the entire issued share capital of Voicehub Group Pty Ltd and Harbourtel Pty Ltd (the entities that own and operate Swoop’s wholesale focused voice call termination business) to…
SYDNEY, AUSTRALIA: Swoop has entered into a conditional agreement to acquire Sydney based dark fibre provider Luminet in a $8 million deal, comprising $6.4 million in cash and $1.6 million in Swoop shares. The acquisition will be funded from existing…
SYDNEY, AUSTRALIA: Swoop Holdings Limited has agreed to acquire the dark fibre network assets and customers of iFibre Pty Ltd for a purchase price of $1.5 million payable in cash with $1.2 million paid on completion and $300,000 of the…
SYDNEY, AUSTRALIA: Swoop Holdings Limited has agreed to acquire VoiceHub Group and Harbourtel Pty Ltd (together, Voicehub). The purchase price for the acquisition is up to $8.5 million. The consideration comprises $4 million payable in cash on completion; $2 million…