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BRIEF-Aussie Broadband Enters Six-Year Agreement To Provide Wholesale Services To More And Tangerine

Reuters
2025/08/25
BRIEF-<a href="https://laohu8.com/S/ABB.AU">Aussie Broadband</a> Enters Six-Year Agreement To Provide Wholesale Services To More And Tangerine

Aug 25 (Reuters) - Aussie Broadband Ltd ABB.AX:

  • ENTERS INTO A SIX-YEAR AGREEMENT TO PROVIDE WHOLESALE SERVICES TO MORE AND TANGERINE

  • AGREED TO SELL BUDDY TELCO BRAND AND CUSTOMER ASSETS TO TANGERINE

  • IN CONSIDERATION, CO TO ISSUE 5.88 MILLION SHARES TO MORE

  • WHOLESALE SERVICES AGREEMENT EXPECTED TO DELIVER A$12 MILLION IN ANNUALISED UNDERLYING EBITDA FROM FY27

  • BUDDY TELCO BRAND AND ASSETS TO BE ACQUIRED BY TANGERINE FOR AN ESTIMATED A$8 MILLION

Further company coverage: ABB.AX

((Reuters.Briefs@thomsonreuters.com;))

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