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Broadband

Vocus, Amcom founders acquire Swoop in AUD 61 mln reverse takeover deal

Friday 19 February 2021 | 09:58 CET | News
Swoop Telecommunications and NodeOne have been acquired by Stemify in a reverse takeover deal worth AUD 61.3 million. The fixed wireless and wholesale network infrastructure operator is backed by investment company Tattarang, Vocus founder James Spenceley and Amcom founder Tony Grist, ARN reports. The combined national operator plans to list in late April under Swoop Holdings.

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Categories: Fixed
Companies: PIPE Networks / Vocus
Countries: Australia
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