- Global Edge launches internationally, with further growth expected
- Spark and ViewQwest signed at launch this week
- ATV’s network connectivity and API portal now available to international telcos
- Global telco contracts driving a step-change in revenue growth
Activeport Group (ASX:ATV) has announced the international release of www.globaledge.network and has already signed two international carriers in launch week.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
Spark, New Zealand’s largest telco, and ViewQwest, one of Singapore’s leading ISPs, both signed contracts at launch this week, with many more carriers expected to follow.
Chief commercial and operating officer, Michael Glynn, said these wins validate Global Edge as the front door for international telcos buying Australian connectivity.
The service provides global carriers with an intelligent on-demand pricing, ordering, provisioning and management platform for automated telecommunications service delivery across Australia. The new contracts are expected to drive a step-change in revenue growth for Activeport’s Network-as-a-Service (NaaS) product. NaaS is anticipated to deliver at least a $2 million increase in annual recurring revenue (ARR) through FY27, growing past $6 million in FY28.
Mr Glynn said the new contracts are just the beginning, with significant upside opportunity as Activeport rolls out new products across the Global Edge platform, including cloud on-ramps, datacenter connectivity, managed firewalls, and AI gateways, expanding the range of services every carrier on the platform can buy.
“Global Edge changes the way Australian network services are bought and we’re taking it to the world,” Mr Glynn said.
“Signing two major international carriers in launch week tells us the demand is real. International telcos want a fast, fully intelligent platform not only to price but to order and manage across Australian connectivity, and Global Edge is it.
“With NBN coverage nationwide and new products on the way, from cloud on-ramps to AI neocloud gateways, ATV has built the front door to Australian network services, and carriers are walking through it. We have used our own software tools to deliver real-time network management for global communications.”
ATV was steady at 2.1¢ at lunchtime.
Join the discussion: See what HotCopper users are saying about Activeport Group Ltd and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.