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Aussie Broadband Surpasses One Million Broadband Connections; Shares Rise 4%

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Aussie Broadband (ASX:ABB) surpassed one million broadband connections across its market segments in mid-May, the company said on Wednesday.

The "significant milestone" reflects continued demand for the company's service as well as the Australia-based support it provides to residential customers, Aussie Broadband said.

The company said it will merge an estimated 210,000 broadband connections onto its network in the first half of fiscal year 2027, following its acquisition of AGL Telco.

Aussie Broadband shares gained 4% in recent Wednesday trade.

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