Tag: 5GN

5GN Webcentral takeover bid ASX WCG

5GN makes $21.6m takeover bid for Webcentral, expects to generate $7m in shared synergies

Telecommunications carrier 5G Networks (ASX: 5GN) has made a $21.6 million off-market takeover bid for Australian digital services provider Webcentral Group (ASX: WCG). 5GN proposes to acquire all ...
Data centre sector ASX cyber security COVID-19

COVID-19 and cyber security concerns spur the data centre sector

Flush with newly-raised cash, the listed data centre (DC) operators are on an expansionary push as the pandemic elevates corporate and government requirements for more data storage and better connecti...
5GN Networks ASX data centre North Sydney

5G Networks extends infrastructure after acquiring North Sydney data centre

Telecommunications carrier 5G Networks (ASX: 5GN) has acquired a data centre in North Sydney for $2 million thereby extending its infrastructure capacity to over 720 racks, spread across Adelaide, Mel...
WAM Microcap ASX WMI invesmtent portfolio profit DTL CCX SZL VVA

Strong investment portfolio underpins healthy profit for WAM Microcap

Listed investment company WAM Microcap (ASX: WMI) has posted a $27.3 million operating profit before tax for the first half of the 2020 financial year, citing strong investment portfolio performance a...
5G Networks quarterly activities 4C cash flow servers Australia channel partner

5G Networks posts record quarterly cashflow, signs first indirect channel agreement

Next generation telecommunications company 5G Networks (ASX: 5GN) has posted a record $2 million operating cashflow for the December 2019 quarter and boosted its year-to-date cashflow by 58% to $3.3 m...
5G Networks ASX 5GN acquisition Australian Pacific Data Centres

5G Networks expands capacity via acquisition of data centre in Sydney

Next-gen telecoms company 5G Networks (ASX: 5GN) unveiled an operational boost early this morning by acquiring Sydney-based Australian Pacific Data Centres (APDC) for $3.5 million in cash. The deal...
5G Networks ASX 5GN infrastructure footprint acquisition Melbourne Data Centre

5G Networks increases infrastructure footprint with acquisition of Melbourne Data Centre

Australian telecommunications carrier 5G Networks (ASX: 5GN) will add $3 million of annualised revenue to its books through the $5.7 million acquisition of Melbourne Data Centre (MDC) announced this m...
5G Networks ASX 5GN high speed managed data network

5G Networks activates high-speed data network to meet customer needs

Telecommunications carrier 5G Networks (ASX:5GN) will continue to boost expanding revenue flows following the launch of its high-speed managed data network (MPLS) to the Australian market. The laun...
5G Networks ASX 5GN revenue 2018

New acquisitions, existing contracts underpin strong quarterly performance for 5G Networks

Australian telecommunications company 5G Networks (ASX: 5GN) has reported a quarterly revenue of $11 million, buoyed by the $5.7m acquisition in August of Inabox Group (ASX: IAB) subsidiaries Anittel ...
5G Networks 5GN Inabox IAB ASX telecommunications

5GN buys Inabox subsidiaries in $5.7m telco deal

Australian telecommunications company 5G Networks (ASX: 5GN) has purchased the direct business subsidiaries of technology solutions provider Inabox (ASX: IAB) in a $5.7 million deal designed to expand...
5G Networks ASX 5GN APTel Asia Pacific Telecommunications Group

5G Networks acquires Asia Pacific Telecommunications Group to fuel commercial property growth

Moving on up in the networking space, 5G Networks (ASX: 5GN) has announced it will acquire APTel, an Asia/Pacific telecoms company for $6 million. However, to complete the deal, 5G plans on going t...
5G Networks ASX 5GN Australian carrier licence Microsoft HP Telstra

5G Networks secures Australian carrier licence, teams up with Microsoft, HP and Telstra

Newly listed 5G Networks (ASX: 5GN) has secured its Australian carrier licence and extended its partnerships with Microsoft, HP and Telstra. The combined high-speed internet and cloud infrastructur...