Telco provider Superloop has claimed strong financial performance ended 30 June 2023 as its underlying Ebitda from continuing operations improved by 82.2% from $20.5 million to $37.4 million, exceeding guidance of $33 million to $36 million.
Telco provider Superloop is planning to acquire ASX-listed UCaaS and collaboration services provider Symbio, proposing to buy the software vendor's shares at $2.85 per share. With 85,258,885 shares, that comes at a total of $243 million rounded up.
Connection stability and network performance provider Superloop has acquired infrastructure and internet provider Vostronet for $35 million.
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