SLC.ASX: Achievement of Milestone 3 of the Origin Contract

Achievement of Milestone 3 of the Origin Contract

Stock	Superloop Ltd (SLC.ASX)
Release Time	14 May 2025, 4:11 p.m.
Price Sensitive	Yes

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Superloop Achieves Milestone 3 of Origin Contract

Key Points

Superloop has over 200,000 Origin broadband subscribers on its network
Milestone 3 of the exclusive six-year contract with Origin Energy Retail Ltd has been achieved
Superloop's purpose is to enable better internet for Australian homes and businesses

Full Summary

Superloop Limited (ASX:SLC) has announced that it has achieved Milestone 3 of its exclusive six-year contract with Origin Energy Retail Ltd and its subsidiaries (Origin). The contract, which was executed on 13 March 2024, sees Superloop provide wholesale internet services to Origin. As of 13 May 2025, there are now over 200,000 Origin broadband subscribers on Superloop's network, marking the achievement of Milestone 3 under the contract. Superloop was founded in 2014 and has been listed on the ASX since 2015. The company's purpose is to enable better internet for Australian homes and businesses, providing connectivity and services to customers in the Consumer, Business, and Wholesale segments. Superloop's offerings leverage its investments in physical infrastructure assets, including fibre, subsea cables, and fixed wireless, as well as its software platforms. Hundreds of thousands of homes and businesses rely on Superloop and its Exetel brand for their connectivity needs.