News Articles for Stephen Cornish

Shares in Perth-headquartered Pentanet are soaring after the telecommunications firm swung to its first positive EBITDA for a full-year.

WA internet service provider Pentanet has achieved its first full-year positive EBITDA, marking a $2.7 million turnaround on its previous year.

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.

Pentanet's first EBITDA-positive half has failed to keep its shares out of the red following an earnings report on Wednesday.

Shares in Perth high-speed internet provider Pentanet have soared, up 66 per cent, after it delivered its first EBITDA positive quarter.

Shares in Pentanet have skyrocketed after the Perth internet and cloud-gaming company extended its exclusive distribution deal for NVIDIA's technology.

Cloud Gaming platform provider Pentanet is set to raise more than $6 million to fund telecommunications infrastructure upgrades to grow its services.

Perth-based cloud gaming platform provider Pentanet has struck a deal to deliver a service to Optus customers in 2023.

Public policy shortcomings have continued to pay dividends for private internet network providers.

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.

Internet and cloud-gaming company Pentanet has secured a sponsorship deal with West Perth Football Club, in a bid to create a space for esports.

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.

Challenger telcos are deepening their WA networks as new technologies and structural shortcomings embolden alternatives to the NBN.

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.

Pentanet's share price has more than doubled after listing on the ASX this afternoon with a pro forma market capitalisation of $66 million.

Pentanet has confirmed plans to list on the ASX by February with an expected market capitalisation of $66 million.

With the NBN having now reached practical completion, attention is turning to how the network will cope with an increasingly data-hungry nation.

Navitas and iiNet alum David Buckingham is set to become chair of internet services-provider Pentanet ahead of its widely tipped ASX listing.

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.

Western Australia in 2029 will be dramatically different from today.

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.

SPECIAL REPORT: A group of companies offering a faster alternative fixed-wireless internet service has dialled into a niche market.