Aussie Broadband, Superloop Still Seem to Be Growing -- Market Talk
Dow Jones
Sep 01
0111 GMT - Australian consumers' engagement with Aussie Broadband and Superloop appears to have grown further at the start of the country's new financial year, Citi analysts say. They tell clients in a note that visits to the telecommunication providers' websites increased by 4% in July from a month earlier. They say that app downloads were also positive, rising 19% from June, and by 7% on a year earlier. They sound unconcerned by a 69% on-year drop in the volume of app downloads for Aussie Broadband-owned Buddy, saying that the telco has placed less emphasis on growing the mobile brand since agreeing to sell it. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
August 31, 2025 21:11 ET (01:11 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.