Service Stream raises $404M for acquisition
Service Stream (ASX:SSM) raised approximately $404 million to partly fund its $975 million purchase of maintenance group Programmed.
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Service Stream (ASX:SSM) raised approximately $404 million to partly fund its $975 million purchase of maintenance group Programmed.
Superloop (ASX:SLC) expects fiscal 2027 underlying EBITDA between $148 million and $156 million following steady subscriber gains across core units.
Service Stream (ASX:SSM) has agreed to acquire the operations business program for a purchase price of $975 million.
FlexiRoam (ASX:FRX) extended its record run to five consecutive cash-positive quarters, lifting total cash balance to $3.6 million as of Sept. 30.
Beam Communications (ASX:BCC) generated $160,000 in positive net operating cash flow during the first quarter of FY27, ending the period with $2.9 million in cash.
Singapore's Infocomm Media Development Authority issued a show cause notice to Tuas (ASX:TUA) subsidiary Simba.
Telstra Group (ASX:TLS) announced ahead of its annual general meeting that its strategic digital infrastructure investment is now projected to reach around $1.8 billion through FY28.
Shares in regional telecommunications providers fell following reports that SpaceX (NASDAQ:RKT) acquired a wireless spectrum portfolio from Grain Management.
Codan (ASX:CDA) expects first-half FY27 revenue for its Communications division to reach between $400 million and $410 million.
Tuas (ASX:TUA) reported a statutory net profit after tax of S$26 million for the year ended July 31, driven by strong subscriber growth across its mobile and broadband segments.
An Australian Senate committee has recommended that the federal government consider nationalising the national emergency call system operated by Telstra (ASX:TLS).
Singtel subsidiary Optus issued an apology after a 76-minute network outage disrupted voice calling services and emergency calls.
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