Superloop acquires SkyMesh fixed-line database for $1.5m

Superloop acquires SkyMesh fixed-line database for $1.5m

Superloop has purchased the fibre broadband customer base from the internet service provider SkyMesh, part of the NBN network and a subsidiary of Bigblu Broadband.

The $1.5 million deal will add over 100 broadband subscribers to Superbb, the retail broadband division of Superloop.

"This is an attractive acquisition, kick starting our position in the retail NBN marketplace and complementing our NuSkope acquisition late last year," said Bevan Slattery, founder and CEO of Superloop.

The acquisition is in line with Superbb’s plans to majorly disrupt the Australian ISP market, which is currently dominated by the ‘big four’ by offering a credible challenger with a focus on an ‘outstanding customer experience’, backed by 100% Australian-based staff.

Soon Slattery will move into the position of executive director to be succeeded by former Telstra, Airtel and T-Mobile US executive Drew Kelton, as CEO as of 1 July.

Speaking of Kelton’s appointment Slattery said: "I’m delighted that we’re now moving into the next phase of growth, with me stepping into an executive director’s role freeing me up to focus on driving strategy and having a great CEO like Drew join the team to drive the performance of the business."

Commenting on the SkyMesh purchase, Skelton said: "We will be bringing a business class experience to the residential customer, something that is missing in the market right now."

Superbb is due to go live this October at which point the company will migrate the customer base onto its new platform.

The news also coincides with Superloop’s plan to deploy a national backbone connecting all of NBN’s 121 points of interconnect at either 10 or 100 gigabit per second, excluding Hobart and Launceston.

At the start of the year Superloop unveiled its plans to fully integrate the INDIGO subsea cable - which will connect Australia, Singapore and Indonesia – into a number of its metropolitan fibre networks.

INDIGO, which is expected to go live in 2019, will connect with Superloop’s fibre networks in Singapore, Perth and Sydney, offering PoP to PoP connectivity between over 40 data centres across the three markets.

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