Residential infrastructure, Internet Service Provider and mobile virtual network operator Swoop has announced a 14 percent increase in revenue year-on-year to $88.9 million and an underlying EBITDA of $16.4 million - up 6.4 percent year-on-year within its core-business.
Gold Coast-based Pivotel has finalised its acquisition of wholesale voice and messaging specialists VoiceHub from telco challenger Swoop in an all-cash deal for $9 million.
Telco challenger Swoop signed a deal with an unnamed technology company to provide infrastructure throughout the Greater Melbourne area. The telco claims the contract will deliver revenues of a minimum of $24 million and up to $36 million over the next 22 years—the biggest deal in its history.
Telco challenger Swoop has acquired conduit and fibre assets in Western Australia worth $500,000, which is expected to deliver an additional $1.2 million revenue for the company over the next three years.
Swoop has divested its wholesale business Voicehub to Pivotel in an all-cash deal for $9 million.
Fixed wireless and wholesale network infrastructure provider Swoop has appointed Declan O’Callaghan to the role of Chief Operating Officer (COO).
The Victorian Government has picked fixed wireless and wholesale infrastructure service provider Swoop as its telecommunication partner to help roll out the $550 million Connecting Victoria program to bring stronger connection to over 130,000 businesses and households in 180 towns in Mt Baw Baw, Moe, and Morwell.
COMPANY NEWS: Fixed wireless and wholesale network infrastructure provider Swoop Holdings Limited has appointed David Michaels to the role of Chief Revenue Officer (CRO) following an “impressive FY23 result” which included 51% YoY revenue growth, a corresponding Underlying EBITDA of $16.3m, up from $13.0m, with an accompanying $0.5m positive free cash flow (FCF) position, its first quarter of positive free cash flow in Q4 FY23.
Fixed wireless and wholesale network infrastructure provider Swoop has posted a 4.2% increase in its services in operation (SIOs) for the fourth quarter of 2023, propelled by Swoop's 2022 acquisition of Moose Mobile, as well as from the fixed line and wireless business.
Fixed wireless and wholesale network infrastructure provider Swoop has appointed Natasa Matic to the role of head of channel.
Swoop subsidiary and internet provider NodeOne has erected a tower in Mount Magnet to deliver fast internet to the underserved area.
Fixed wireless and wholesale infrastructure service provider Swoop has partnered with The City of Greater Geelong to launch the Smarter Suburbs program to introduce an expanded free public Wi-Fi network.
Fixed wireless and wholesale infrastructure service provider Swoop has appointed Christalla Spanos to the role of head of people and culture.
Fixed wireless wholesale network infrastructure provider Swoop Holdings Limited has reported revenue growth of 130% in its first full year as an ASX-listed company.
Fixed wireless wholesale network infrastructure provider Swoop’s customer receipts have recorded a 123% increase, growing from $6.2 million in Q4 FY21 to $13.9 million in Q4 FY22.
Fixed wireless and wholesale infrastructure service provider Swoop has filled four senior roles – three with new hires, plus one promotion.
Fixed wireless and wholesale network infrastructure provider Swoop Holdings has acquired Queensland-based MVNO Moose Mobile for $24 million.
As part of the Federal and Western Australian government multi-million-dollar package to boost regional connectivity, fixed wireless and wholesale infrastructure service provider Swoop has successfully secured funding for its $3.4 million project to improve broadband services to the farming regions of Harvey, Brunswick and Busselton in south-west Western Australian.
Fixed wireless and wholesale network infrastructure provider Swoop has appointed Patricia Jones to the role of chief financial officer.
Fixed wireless and wholesale network infrastructure provider Swoop has agreed to acquire Sydney-based dark fibre network Luminet for a purchase price of $8 million.
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