SUPERLOOP SECURES SYDNEY CABLE NETWORK

SUPERLOOP SECURES SYDNEY CABLE NETWORK

SUPERLOOP (ASX: SLC), Brisbane's newest telecommunications infrastructure provider, has geared up and announced its Sydney network is now operational.

After announcing its Brisbane and Melbourne network completions in July, Superloop confirmed its Sydney network is operational with all key sites connected with services handed over to cornerstone customers.

The business says there's a small blockage affecting the final 1km move of fibre optic cable needed to complete the two-site path on the Sydney network, though this is expected to be resolved this month.

CEO of Superloop Daniel Abraham says he's satisfied with Superloop's progress on its Singapore and Australian network rollout.

"I am proud of the team as well as our partners who have worked well together to build Superloop's core networks," says Abraham.

As such, as of September 30, Superloop has installed a total of 117km of fibre optic cable, which includes the 110km of cable initially outlaid in Singapore.

This is all since listing on the ASX in early June.


Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Fashion retailer Accent Group to cut Glue Store location count in half

Fashion retailer Accent Group to cut Glue Store location count in half

The ASX-listed fashion retailer responsible for such brands as Plat...

Domino's to shutter 100 stores after crusty results

Domino's to shutter 100 stores after crusty results

The board of Domino's Pizza Enterprises (ASX: DMP) waited until...

Accolade Wines owner buys French giant Pernod Ricard’s global wine assets

Accolade Wines owner buys French giant Pernod Ricard’s global wine assets

Australian Wine Holdco, a consortium that owns the country’s ...

Aussie boxing franchise UBX to enter United Arab Emirates

Aussie boxing franchise UBX to enter United Arab Emirates

Brisbane-based boxing franchise UBX has announced its eighth intern...