0
Broadband

Swoop completes oversubscribed AUD 41 mln capital raise

Monday 18 October 2021 | 08:51 CET | News
Australian fixed-wireless and wholesale network infrastructure provider Swoop reports it has completed its AUD 41 million fully underwritten share placement to institutional, sophisticated, and professional investors, following the announcement of its capital raise on 14 October. According to Swoop, the capital raise was several times oversubscribed, and was supported by existing investors. Swoop is also welcoming a number of new institutional investors onto the register.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Fixed
Companies: Swoop
Countries: Australia
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Swoop launches AUD 41 million capital raise to fund acquisitions

Published 14 Oct 2021 10:21 CET | Australia
Australian fixed wireless and wholesale network infrastructure provider Swoop has launched its AUD 41 million capital raise to ...

Swoop acquires Australian regional telco Countrytell

Published 06 Oct 2021 10:05 CET | Australia
Swoop Holdings, Australian fixes wireless and wholesale network infrastructure provider, has agreed to acquire Countrytell ...

Swoop's FY revenue jumps 104%, tops 30,723 subscribers

Published 27 Aug 2021 08:13 CET | Australia
Australian fixed wireless and wholesale network infrastructure provider Swoop saw its full-year revenues increase by 104 percent ...