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The latest announcement is out from Superloop Ltd. ( (AU:SLC) ).
Superloop has highlighted its exposure to AGL Energy’s plan to divest its telecommunications business, noting it currently supplies network and backhaul transit services to AGL subsidiary Southern Phone under a wholesale agreement running to June 2029. The agreement supports subscriber traffic on AGL’s network, and the timing and extent of any impact will depend on how the divestment and subsequent subscriber migration unfold.
According to Superloop, AGL’s announcement anticipates migrating subscribers off its network in the first half of 2027, after which AGL may significantly reduce its use of Superloop’s wholesale services. If AGL fully winds down its usage following the migration, Superloop estimates an annualised gross margin impact of up to $4 million, signalling a potential future earnings headwind but with a multi‑year lead time for the company and investors to adjust.
The most recent analyst rating on (AU:SLC) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Superloop Ltd. stock, see the AU:SLC Stock Forecast page.
More about Superloop Ltd.
Superloop Limited is an Australian telecommunications provider focused on delivering internet connectivity for homes and businesses, primarily in the consumer, business and wholesale segments. Listed on the ASX since 2015, the company operates challenger retail brands such as Superloop and Exetel and leverages an Infrastructure-on-Demand platform built on fibre, subsea cables, fixed wireless and proprietary software to serve hundreds of thousands of customers.
Average Trading Volume: 2,128,796
Technical Sentiment Signal: Hold
Current Market Cap: A$1.18B
For a thorough assessment of SLC stock, go to TipRanks’ Stock Analysis page.