Superloop reduces losses as 30 workers laid off amid COVID-19
Superloop has shaved off $3.3 million in headcount costs as the coronavirus pandemic forced it to made 30 workers redundant.
Superloop has shaved off $3.3 million in headcount costs as the coronavirus pandemic forced it to made 30 workers redundant.
Superloop has turned to former NBN Co enterprise boss Paul Tyler to replace its outgoing CEO Drew Kelton.
Superloop’s metro fibre network will be supplied to Comscentre customers with speeds up to 90Gbps and beyond.
Network operator Superloop has closed the 2019 financial year with a $72 million loss as a result of a $50.7 million impairment for the retiring of the cloud managed services.
Network operator Superloop has announced plans to retire its non-core cloud managed services unit.
Superloop has ended its period of exclusive discussions with private equity firm QIC citing that it couldn’t agree to a transaction.
Network operator Superloop has received two acquisition proposals in April from Brisbane-based private equity firm QIC Private Capital.
The installations of Indigo Central and West subsea fibre optic cables have been completed, resulting in a optical path between landing stations.
NextDC has landed a deal with Superloop, providing access to the new Indigo subsea cable system for both of its Perth and Sydney data centres.
The Indigo Central subsea communications cable has landed in Coogee Beach, Sydney, with installations to be completed in early December connecting Sydney and Perth.
Superloop has posted $7.1 million net profit after tax for the 2018 financial year, the first positive full year NPAT for the company since listing on the ASX in 2015.
Superloop has increased its connectivity capacity after signing a direct agreement with Southern Cross Cables.
BigAir Group co-founder and former CEO Jason Ashton has announced he is stepping down from his executive role at Superloop due to personal reasons.
Superloop has acquired the fibre broadband customer base of SkyMesh for $1.5 million.
Superloop founding CEO, Bevan Slattery, is set to step down, with SecureCo chief, Drew Kelton, to replace him in the role.
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