ASX Announcements
SLC - Release of Shares from Escrow
Issued Capital - Other
Completion of acquisition of Uecomm
Asset Acquisition
Notification regarding unquoted securities - SLC
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
Change of Directors Interest Notice
Change of Director’s Interest Notice
February
Superloop net loss halves as challenger brands take market share
CEO Paul Tyler says customers are ditching the big three telcos after Superloop’s loss dropped to $7.8 million.
December 2024
A year of pain for Optus and Telstra means little telcos are winners
Superloop and Aussie Broadband have been taking share in the highly competitive broadband market as their larger rivals restructure and cut jobs.
August 2024
Superloop is winning the race for value, CEO claims
Aggressive competition in the broadband market is benefiting the internet provider as people trade down to cheaper plans.
July 2024
Aussie Broadband discount offshoot Buddy chases lost customers
Aussie Broadband is hoping to win back some of the customers lost to rival Superloop with a new, cheap internet brand, Buddy Telco.
Competition for broadband intensifies as consumers crack down on bills
Small telcos such as Superloop and Aussie Broadband have been stealing internet customers from Telstra, TPG Telecom and Optus as consumers shop around.
June 2024
Superloop directors wanted ‘firm response’ to Aussie Broadband breach
Superloop’s board discussed whether Aussie Broadband was “aware” it would breach Singaporean rules when it attempted a takeover earlier this year.
April 2024
Aussie Broadband to call Barrenjoey, Luminis in Superloop court battle
Investment bankers and Superloop directors and executives will be subpoenaed as witnesses in a Federal Court trial as Aussie Broadband continues to fight its rival over a forced share sale.
Aussie Broadband loads up $50m block trade in Superloop, taps Unified
Thanks to a court-set deadline, it was willing to part with the shares at $1.31 apiece or a circa 3 per cent discount to the last close.
March 2024
Aussie Broadband expected to sell Superloop stock after court setback
The two rival broadband providers are in the midst of a messy legal dispute after Aussie Broadband attempted to acquire its competitor.
Aussie Broadband shows how not to make a move on your rival
The spat between two telco rivals is going places you rarely see.
The exquisite timing of Aussie Broadband’s Superloop share raid
Nothing gets the blood pumping more than a good ol’ hostile takeover.
Aussie Broadband wants Superloop emails, WhatsApp messages
Aussie Broadband plans to serve a notice on Superloop directors in the next day or two, its legal counsel said in court.
Aussie Broadband alleges Superloop sell order ‘oppressive’
Aussie Broadband has taken rival internet broadband provider Superloop to court, claiming an order by the smaller company to slash its stake could cost it $3.7 million.
Superloop tells Aussie Broadband to slash stake below 12pc
Aussie Broadband failed to comply with Singaporean regulations on share purchases when it bought a near 20 per cent stake in rival Superloop in February.
Singapore power brokers will decide Optus’ future
Optus’ parent Singtel will take advice from some of the most powerful people in Singapore as it considers selling part of the Australian telecommunications group.
February 2024
Superloop rejects Aussie Broadband’s $466m takeover bid
Superloop investors have backed the broadband internet group’s decision to turn down a $466 million approach from rival upstart telco Aussie Broadband.
November 2023
Symbio agrees to $262m takeover by Aussie Broadband
Aussie Broadband will command a bigger share of the expanding voice communications market after local software group Symbio accepted its buyout offer.
October 2023
Aussie Broadband confirms $258m takeover bid for Symbio
The binding offer to buy the software group has been made as the telco overtakes Vocus to become Australia’s fourth-biggest internet provider.
Aussie Broadband overtakes Vocus on internet connections
While Telstra and TPG still dominate the broadband market, they have been losing market share, while the third-biggest provider, Optus, has maintained share.
Telcos battle for internet calling provider
Symbio is the latest business caught up in an acquisition spree as small telecoms companies go after the biggest fish in the pond.