PENTANET LIMITED - ASX Briefs

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PENTANET LIMITED (ASX: 5GG)

5GG: Pentanet secures binding commitments to raise $6.1 million

PENTANET LIMITED

Pentanet raises $6.1 million through a placement to sophisticated and professional investors.
A $2.5 million share purchase plan offer will follow for eligible shareholders.
Funds will be allocated towards upgrading existing tower sites with 5G infrastructure, improving on-net coverage, and working capital.

2023-04-17 09:51:00

5GG: Pentanet enters into agreement with Optus for cloud gaming

PENTANET LIMITED

Pentanet has signed a Collaboration Agreement with Optus to deliver NVIDIA GeForce NOW cloud gaming service.
The agreement offers potential to accelerate growth for both partners, with GeForce NOW integrated into the Optus SubHub subscription management platform.
Pentanet and Optus will seek to enhance experience for GeForce NOW users on Optus SubHub, with a focus on 5G and CloudGG user management platform.

2023-03-07 09:37:00

5GG: Pentanet & Cambium to join forces in accelerating 5G

PENTANET LIMITED

Pentanet and Cambium Networks have executed a Memorandum of Understanding (MOU) to enter into a Network -as-a-Service (NaaS) agreement.
The NaaS model will give Pentanet predictable monthly costs and will allow the Company to flex the rollout schedule up or down to keep up with customer demand.
Cambium Networks congratulates Pentanet for the leadership role they are taking in delivering Fixed 5G based high speed services to Western Australia.

2023-03-06 08:48:00