Superloop says earnings will double after 'transitional' year

By Matt Johnston on Aug 1, 2019 12:02PM

Major network build, declining cloud.

Superloop expects its FY20 pre-tax earnings to double year-on-year, according to new guidance issued on Thursday by the fibre provider. On the back of a significant network build, including the INDIGO subsea cable connecting Sydney and Perth to Singapore, it now expects an EBITDA of between $14 ...

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