Superloop (company)
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Superloop is an Australian telecommunications company and
ISP An Internet service provider (ISP) is an organization that provides services for accessing, using, or participating in the Internet. ISPs can be organized in various forms, such as commercial, community-owned, non-profit, or otherwise private ...
. It was founded in 2014 by
Bevan Slattery Bevan Andrew Slattery is an Australian technology entrepreneur who has built a number of businesses that handle data and telecommunications. Early life Bevan grew up in Rockhampton, Queensland, where he attended Frenchville State School. He g ...
.


History

Superloop was founded by Bevan Slattery in 2014 when Slattery spun off the dark fibre infrastructure assets from his Megaport business. Superloop was listed on the
Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
(ASX) in June 2015. In October 2015, Superloop acquired Apex Networks for $5.8 million followed by Cinenet Systems for $3 million in November. In September 2016, Superloop acquired
BigAir BigAir is a telecommunications company in Australia that was listed on the Australian Stock Exchange ( ASX). The company was acquired by Superloop, with the last day of trading of Big Air shares being 9 December 2016. BigAir manages one of t ...
. In June 2021 Superloop acquired Internet service provider
Exetel Exetel is an Australian ISP which provides ADSL, web hosting, VoIP, and other internet services to customers across Australia. Exetel's headquarters are in offices in Sydney, and its switching centres are distributed in capital city secure data ...
for $110 million in cash and shares. In October Superloop announced it would sell its Hong Kong subsidiary and certain assets in Singapore to Columbia Capital and DigitalBridge Investment Management for $140 million. The sale was completed in April 2022. In May 2022 Superloop acquired white label business Acurus for $15 million. In September that year, Superloop acquired VostroNet for $35 million in cash and shares. After
MyRepublic MyRepublic Group Limited is a Singaporean communications services provider, and is the world's first telecommunications company powered by a proprietary cloud platform. Launched in 2011, MyRepublic operates in the Asia-Pacific region, with opera ...
decided to exit the Australian market in December 2022, customers were migrated to Superloop. In August 2023, Superloop announced its intention to acquire Symbio but it was eventually outbid by
Aussie Broadband Aussie Broadband (ABB) is an Australian operated telecommunications company that was formed in 2008 and is based in Morwell, Victoria, Australia.  ABB also has offices in Dandenong South, Victoria, Darwin, Northern Territory, Sydney, New ...
.


References


External links

* {{Internet service providers of Australia Internet service providers of Australia Telecommunications companies established in 2014 2014 establishments in Australia