tiprankstipranks
Trending News
More News >

Pentanet Strengthens Financials and Expands 5G Network

Story Highlights
Pentanet Strengthens Financials and Expands 5G Network

Confident Investing Starts Here:

Pentanet Ltd ( (AU:5GG) ) has issued an announcement.

Pentanet Ltd reported a strong financial performance in Q3 FY25, with a 17% increase in EBITDA and stable revenue growth. The company is on track to double its 5G network coverage, which is expected to enhance its market positioning and subscriber growth. The strategic expansion of its 5G network and cloud gaming services, including the GeForce NOW platform, indicates a focus on long-term value creation and competitive positioning in the telecommunications sector.

More about Pentanet Ltd

Pentanet Ltd operates in the telecommunications industry, focusing on expanding its 5G network and cloud gaming services. The company is known for its innovative approach to providing high-speed internet and gaming solutions, primarily targeting the Perth market with plans to enhance its 5G coverage and cloud gaming platform.

YTD Price Performance: 13.33%

Average Trading Volume: 1,233,894

Technical Sentiment Signal: Buy

Current Market Cap: A$14.73M

See more insights into 5GG stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1