Brief: Aussie Broadband Enters Six-Year Agreement To Provide Wholesale Services To More And Tangerine

Aussie Broadband

25/08/2025 02:12

Aug 25 (Reuters) - Aussie Broadband Ltd ABB.AX:

ENTERS INTO A SIX-YEAR AGREEMENT TO PROVIDE WHOLESALE SERVICES TO MORE AND TANGERINE

AGREED TO SELL BUDDY TELCO BRAND AND CUSTOMER ASSETS TO TANGERINE

IN CONSIDERATION, CO TO ISSUE 5.88 MILLION SHARES TO MORE

WHOLESALE SERVICES AGREEMENT EXPECTED TO DELIVER A$12 MILLION IN ANNUALISED UNDERLYING EBITDA FROM FY27

BUDDY TELCO BRAND AND ASSETS TO BE ACQUIRED BY TANGERINE FOR AN ESTIMATED A$8 MILLION

Further company coverage: ABB.AX

 ((Reuters.Briefs@thomsonreuters.com;))