Spacetalk signs TPG agreement covering 99% of Aussie population

• Spacetalk has entered into a strategic wholesale network agreement with TPG Telecom to migrate its mobile customer base.
• The immediate market reaction saw the Spacetalk share price rise to $0.12 following the announcement.
• The partnership drives Spacetalk's broader strategic transition towards becoming a software-led business with recurring revenue.

Spacetalk (ASX:SPA) executed a wholesale network agreement with TPG Telecom (ASX:TPG) covering 99% of the Australian population.

The business retail operations previously relied on the Telstra Wholesale network to deliver mobile connectivity to its subscriber base.

The customer migration will cover more than 1.2 million square kilometres while Spacetalk retains brand ownership and pricing control.

The company stated that the partnership is expected to improve unit economics and allow the launch of targeted customer offers.

Following the announcement, the Spacetalk share price was up at $0.12.

The transaction forms part of a broader operational pivot towards a software-led ecosystem targeting annual recurring revenues of $20–$25 million by calendar year 2026.

The decision follows a separate memorandum of understanding signed with TPG Telecom in February to distribute family safety software to postpaid mobile users.