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Activeport Group Limited ( (AU:ATV) ) has shared an announcement.
Activeport Group Ltd has announced the integration of NBN circuit provisioning into its Global Edge network-as-a-service platform, expanding its reach across Australia. This strategic move leverages Managed Networks services and Superloop infrastructure to enhance national connectivity and improve gross margins on $1.9 million of annual revenue. By combining Fibreconnx’s scalable bandwidth with NBN’s extensive reach, the Global Edge platform now supports self-provisioning of NBN services, offering comprehensive access throughout Australia. This integration not only optimizes revenue by migrating 1,600 ISP customers to Activeport’s on-net NBN but also positions Global Edge as a premier solution for international telcos seeking seamless connectivity between overseas origins and Australian destinations.
More about Activeport Group Limited
Activeport Group Ltd develops orchestration software for telecommunications providers and data centre operators. Their platform modernises traditional network infrastructure in the cloud, enhancing customer experiences through self-service portals that automate provisioning, reduce time-to-market for new services, and support flexible, usage-based consumption models. Activeport’s solutions encompass last-mile connectivity, core network management, data centre operations, and GPU resources for cloud gaming and AI applications.
Average Trading Volume: 20,078,171
Technical Sentiment Signal: Buy
Current Market Cap: A$26.28M
For a thorough assessment of ATV stock, go to TipRanks’ Stock Analysis page.