Australia's ActivePort hits 2-week high on Middle East and North Africa launch

ActivePort

11/11/2025 03:17

** Shares of Australia's ActivePort Group  ATV.AX rise as much as 25% to A$0.030, their highest since October 27

** Stock's biggest intraday pct gain since October 3

** Network software services firm launches its network-to-network interconnect exchange in the Middle East and North Africa region

** ATV anticipates new recurring revenue from this service to begin in Q3 FY26

** Larger operators in the region are already working with co to plan integration to the gateway when it comes online in Q3 FY26, co adds

** Shares up 62.8% YTD

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))