Australian wireless service provider Swoop jumps on Voicehub acquisition

Swoop Holdings

26/10/2021 04:11

** Wireless service provider Swoop Holdings  SWP.AX  rises
as much as 6.7% to A$2.080, eyeing their best day since Oct 18
    ** Co announces acquisition of Sydney-based Voicehub Group
and Harbourtel Pty, together as Voicehub, for purchase price of
A$6 million ($4.48 million)  urn:newsml:reuters.com:*:nASXccqBm6
    ** Acquisition provides opportunity to expand services that
SWP offers in Australia and develop on Voicehub's automation
tech - Swoop CEO Alex West 
    ** More than 449,000 changed hands vs their 30-day moving
avg of about 235,000 shares
    ** SWP up 71% since May debut as of last close


($1 = $1.0000)

($1 = 1.3398 Australian dollars)

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com))