Swoop Holdings Limited (AU:SWP) has released an update.
Swoop Holdings Limited announces the construction of a new fibre infrastructure network in Melbourne, with a customer contract guaranteeing at least $24 million in revenue over 22 years. The project, expected to complete by the end of FY26, aims to enhance high-speed internet services in key digital and residential areas. Funded primarily through the customer contract and existing financial resources, Swoop anticipates this infrastructure will drive substantial revenue growth.
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