Superloop Ltd. (AU:SLC) has released an update.
Superloop Limited has made a significant leap in the telecommunications market, expanding its customer base by 182,000 to surpass 637,000 customers, thanks to a successful migration of Origin Energy’s broadband users. This growth has boosted Superloop’s nbn market share to 5.9%, with notable contract wins in the Consumer, Business, and Wholesale segments, including a $4-5 million deal with Leaptel. The company has reaffirmed its FY25 earnings guidance, highlighting its strong start to the fiscal year and continued momentum in customer acquisition.
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