Activeport Group Ltd Expands Global Reach with New Telco Deals
Key points
- ATV's Global Edge network connectivity and API portal launched internationally
- Spark (NZ) and ViewQwest (SG) signed contracts at launch
- Expected to increase ARR by at least $2M in FY27, surpassing $6M in FY28
- New products like cloud on-ramps and AI gateways to drive further growth
Full summary
Activeport Group Ltd (ASX: ATV) has launched its Global Edge self-service network connectivity and API portal internationally, with initial contracts signed by Spark (New Zealand) and ViewQwest (Singapore). These new international deals are expected to drive a significant step-change in revenue growth for ATV's Network-as-a-Service (NaaS) product, with an anticipated increase in Annual Recurring Revenue (ARR) of at least $2 million in FY27, growing past $6 million in FY28. The launch also opens up significant upside potential from the roll-out of new products including cloud on-ramps, datacenter connectivity, managed firewalls, and AI gateways.
Guidance
NaaS expected to increase ARR by $2M in FY27, surpassing $6M in FY28
Outlook
Activeport expects continued growth from the international roll-out of its Global Edge platform, with further expansion into new markets and product offerings.
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