Superloop chief executive Paul Tyler says the internet group’s growth is accelerating as it expands its fibre network business with a $165 million acquisition of Lightning Broadband and continues to invest in artificial intelligence.
Superloop’s shares jumped 18 per cent to trade at $2.85 on Wednesday afternoon after the “challenger” telco, which is nipping at the heels of bigger internet broadband providers, raised its full-year profit guidance.
