Superloop Expands Fibre Network, Bets on Automated Agents

Superloop expands fibre network, bets on automated agents

The company’s shares jumped 18 per cent after the so-called “challenger” telco raised its full-year profit guidance and bought Lightning Broadband.

Superloop (ASX:SLC) Surges 18% on Lightning Broadband Deal

Superloop’s fibre expansion looks strong, but wholesale churn is the key risk Superloop (ASX: SLC) surged as much as 18 per cent to A$2.86 on Wednesday before settling at A$2.73 after delivering a blockbuster first half that combined two catalysts: a swing back to half-year profitability and a A$165 million deal to acquire Lightning Broadband.…

Superloop Shares Surge on Lightning Broadband Acquisition

Superloop shares experienced a significant surge, climbing nearly 15 per cent on Wednesday following its acquisition of Victoria’s Lightning Broadband for $165 million. The acquisition aims to expand Superloop’s fibre networks and has prompted an upgrade to its underlying EBITDA guidance. The deal will be funded through a combination of cash and debt. Superloop’s strategic move to acquire Lightning Broadband aligns with its focus on growing its …

Superloop shares rocket on major acquisition and strong profits

Shares in Superloop Ltd (ASX: SLC) have jumped more than 10% after the company reported a return to profit, a major acquisition, and a guidance upgrade. The broadband provider said in a statement to the ASX that revenue for the half had jumped 23% to $317.6 million, "driven by strong customer and market share gains in consumer and wholesale''. Back in the black Underlying EBITDA jumped 46% to $55.8 million while net profit was $5.1 million compa…

Superloop acquires Lynham Networks for $165M

Superloop is set to expand its footprint with the acquisition of Lynham Networks, the parent company of Lightning Broadband, for $165 million in cash. This comes amid posting a relatively profitable first half of the 2026 financial year. Founded in 2015, Lightning operates an open-access wholesale networks across more than 400 multi-dwelling units and single-dwelling unit develops as a default last mile fibre provider. The deal sees Superloop pi…