Pentanet may have kept up the earnings momentum this quarter, but investors appear unimpressed as the telco's shares took another tumble on Wednesday morning.
Shares in Pentanet have skyrocketed after the Perth internet and cloud-gaming company extended its exclusive distribution deal for NVIDIA's technology.
Internet users in Perth's northern suburbs will have access to Pentanet's neXus service by the end of next month after 11,000 customers expressed interest in the high-speed network.
Pentanet's network could ultimately accommodate up to 168,000 users following news the ISP had received thousands of registrations to its neXus product.
Balcatta-based internet service provider Pentanet has launched GeForce NOW, a cloud-gaming platform aiming to provide high-end gaming services to digital devices.
Australians have given fixed-wireless internet the tick of approval as two major providers today reported strong growth in revenue and earnings in the year to June.
Fixed-wireless internet provider Pentanet and four other telcos have secured high-band 5G spectrum, auctioned by the Australian Communications and Media Authority.
SPECIAL REPORT: WA ICT service providers have an important role to play as businesses rush to adapt amid the COVID-19 fallout, but there are challenges.
Kimberley Pharmacy Services director and remote area pharmacist Hannah Mann has received the highest honour at this year's Business News 40under40 Awards, being named First Amongst Equals in a diverse pool of young business and community leaders.
