But were Fuzenet's 22k customers all connected through fixed...

First 18 Last

Share
Profile

Follow
volcanic.eruption

250 Posts.

330

01/04/19

08:08

Post #: 37945397
Share

Originally posted by Michaeljob: ↑

There has already been 1 acquisition by UWL as per below giving them 22k customers. My thoughts are the acquisition of ST1 will be scrip based. Likely around 20-22c value. ST1O become interesting as they have a strike price at 19.688c and will need to be addressed in any TO scenario.

“Uniti Wireless Limited (ASX:UWL) has today commenced trading on the Australian Stock Exchange (ASX) after completing a capital raising of approximately $13.2M.
On the 11th February 2019 Uniti Wireless acquired all the issued shares in FuzeNet Pty Ltd through a combination of UWL shares and cash consideration partly funded by the capital raising.
The merged businesses will have combined revenue of more than $22M and more than 22,000 customers. Forecast pro-forma full year EBITDA to 30 June 2019 for the merged business was stated in the Prospectus to be approximately $2M.
Uniti Wireless is an Internet Service Provider (ISP) and licensed telecommunications carrier that delivers premium fixed wireless broadband connections to consumers and small business, as an alternative to, and independent of, the NBN and a replacement for legacy copper networks. Uniti Wireless provides these connections over its owned wireless access network infrastructure, supported by third party fibre backhaul and Internet connectivity.
FuzeNet (also an ISP) offers broadband and Internet data connectivity services to consumers and small business as a reseller of third party fibre access networks that have been constructed as an alternative to the NBN. FuzeNet has also been a small Retail Service Provider (RSP) of the NBN (via a wholesale arrangement) principally to support customer retention. FuzeNet is a reseller and acquires access to non NBN third party fibre networks on a wholesale basis and is also an alternative to the NBN.
The UWL merged business will supply wireless and fibre broadband access to super-fast networks and services. Supported by an Australian based customer service and delivery team UWL offers a replacement for copper networks and an alternative to NBN services, to connect Australians to high- performance Internet and broadband networks. With access to a diversified mix of network technologies the business will be able to expand nationally to provide high quality network services and enable consumers and businesses to enjoy the Uniti experience.
UWL will continue to be a RSP of the NBN strategically offering the NBN network in regions where the UWL non NBN wireless and fibre network access is not enabled.
Post the merger, UWL will have access to a larger number of sites where non NBN fibre has been deployed enabling UWL to deploy it’s owned wireless infrastructure network beyond the Adelaide and Melbourne markets where it presently exists. The merged business will also have an expanded product set and the capability to embrace emerging technologies to continue to provide premium broadband connectivity.”

Expand

But were Fuzenet's 22k customers all connected through fixed wireless?

ST1 Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ALK

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

XRG

XReality Group wins $800K contract from Aus Government for military and police VR training tech

LLC

ACCC raises competition concerns about acquisition of Lendlease projects

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

A1M

Swagman shoot proves plentiful for AIC, with Cu beyond 3% close to Eloise

There are more pages in this discussion • 7 more messages in this thread...

First 18 Last

Add ST1 (ASX) to my watchlist

(20min delay)
Last 4.3¢		Change -0.001(2.27%)		Mkt cap ! $60.13M

Open	High	Low	Value	Volume
4.3¢	4.3¢	4.3¢	$283	6.578K

Buyers (Bids)

No.	Vol.	Price($)
1	293422	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	1045	1

View Market Depth

No.	Vol.	Price($)
1	300000	0.043
1	167732	0.041
2	327772	0.040
3	712821	0.039
1	50000	0.038

Price($)	Vol.	No.
0.044	1045	1
0.045	123334	2
0.046	36364	2
0.048	25870	2
0.050	28211	1

Last trade - 10.47am 04/07/2024 (20 minute delay)

ST1 (ASX) Chart

But were Fuzenet's 22k customers all connected through fixed...

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

XReality Group wins $800K contract from Aus Government for military and police VR training tech

ACCC raises competition concerns about acquisition of Lendlease projects

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Swagman shoot proves plentiful for AIC, with Cu beyond 3% close to Eloise

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

But were Fuzenet's 22k customers all connected through fixed...

Top Stories

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

XReality Group wins $800K contract from Aus Government for military and police VR training tech

ACCC raises competition concerns about acquisition of Lendlease projects

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Swagman shoot proves plentiful for AIC, with Cu beyond 3% close to Eloise

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News