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Aussie Broadband bought Nexgen for $44.1M to boost telecom and AI services, adding 6,000 business customers.
Aussie Broadband acquired Nexgen Investment Group for $44.1 million in cash, with potential additional payments, to expand its business telecom services, including AI-powered telephony for SMEs.
The deal adds about 6,000 business customers and strengthens its position in the NBN market.
The company also sold its cloud service provider, Digital Sense, to focus on communications.
Revenue rose 8.4% to $637.8 million for the half year ended December 31, 2025, with strong growth in broadband connections and business services.
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Aussie Broadband compró Nexgen por $44.1M para impulsar los servicios de telecomunicaciones y AI, agregando 6,000 clientes comerciales.