Latest Telecommunications News

Page 23 of 27
NAOS Small Cap Opportunities Company Limited reveals that BSA Limited, a significant investee, was not selected for the new NBN Field Services Contract, potentially impacting NAOS’s investment returns.
Victor Sage
Victor Sage
18 Feb 2025
BSA Limited has been verbally informed by NBN Co that it is unlikely to secure the new Field Services Contract, a deal that accounted for about 80% of its FY2024 revenue. The company is now evaluating strategic options amid this significant setback.
Sophie Babbage
Sophie Babbage
18 Feb 2025
Vection Technologies has inked a three-year SaaS agreement with Mexican telecom giant Totalplay, marking a strategic push into Latin America with its Enworks XR platform.
Sophie Babbage
Sophie Babbage
17 Feb 2025
Downer EDI Limited has reported a strong financial turnaround in the first half of FY25, with significant earnings growth and improved cash flow despite a revenue decline influenced by divestments and softer market conditions.
Victor Sage
Victor Sage
13 Feb 2025
Downer EDI Limited has reported a robust first half of FY25, with a 4.7% rise in statutory NPAT and a striking 70% increase in pro forma NPATA, underscoring the success of its ongoing transformation program.
Nora Hopper
Nora Hopper
13 Feb 2025
AGL Energy reported solid FY25 half-year results with underlying EBITDA of $1.068 billion and narrowed guidance, underscoring its commitment to a sustainable energy transition through significant investments in grid-scale batteries and renewables.
Maxwell Dee
Maxwell Dee
12 Feb 2025
AGL Energy’s half-year results reveal a 15.3% revenue increase to $7.13 billion, but statutory profit plunges 83.2% to $97 million, reflecting margin pressures and significant provisions. The company declares a lower fully franked interim dividend of 23 cents per share.
Maxwell Dee
Maxwell Dee
12 Feb 2025
SportsHero has secured a two-year deal with Indonesia’s third-largest telco, XL Axiata, to market its iGV Family Game Pass, leveraging Direct Carrier Billing to tap into 8.3 million PC gamers. This partnership positions SportsHero at the forefront of Southeast Asia’s rapidly growing esports sector.
Sophie Babbage
Sophie Babbage
5 Feb 2025
Vonex Limited has announced a $13.9 million non-renounceable entitlement offer to reduce its substantial debt, with major shareholder Maxo Telecommunications underwriting the raise. The move comes as CEO Ian Porter prepares to depart, marking a pivotal moment for the telecommunications provider.
Sophie Babbage
Sophie Babbage
4 Feb 2025
Vonex Limited has announced a $13.9 million non-renounceable entitlement offer primarily aimed at reducing its debt, alongside the upcoming departure of CEO Ian Porter. Major shareholder MaxoTel is backing the raise with a substantial commitment.
Sophie Babbage
Sophie Babbage
4 Feb 2025
5G Networks Limited has automatically extended its takeover offer for AuCyber Limited after increasing its voting power to over 50%, signaling a decisive step toward full control.
Sophie Babbage
Sophie Babbage
3 Feb 2025
Hansen Technologies has secured a pivotal five-year, A$50 million contract with Virgin Media Limited (VMO2), licensing its cloud-native software suite to enhance VMO2’s operational platforms and customer engagement.
Sophie Babbage
Sophie Babbage
3 Feb 2025