Superloop buys SkyMesh's NBN customer base

18 Jun 2018
00:00
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Daily News

Australia’s Superloop has acquired SkyMesh’s fixed-line NBN customer base for A$1.5 million ($1.1 million). SkyMesh is the Australian subsidiary of UK-based Bigblu Broadband (BBB).

The deal sees Superloop adding more than 10,000 broadband subscribers to its newly created retail broadband division Superbb.

The customer base will migrate onto Superbb’s new platform, which is expected to go live in October this year.

“This an attractive acquisition, kickstarting our position in the retail nbn marketplace and complimenting our NuSkope acquisition late last year,” said Superloop founder and CEO Bevan Slattery.

Slattery said the deal “aligns with Superbb’s plans to aggressively disrupt the Australian ISP landscape,” which is now dominated by the ‘big four’, namely Telstra, Optus, TPG and Vocus.

Superloop is rolling out a national backbone connecting all of the nbn’s 121 points of interconnect at either 10Gbps or 100Gbps, excluding Hobart and Launceston.

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