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Spacetalk Ltd (ASX:SPA)
ALERT: Price-sensitive ASX Announcement for SPA
Current share price for SPA : $0.097 -0.018 (-15.65%)+
Release
6 Jul 2026 9:33AM
Price at Release
$0.115
Full Release
Summary
Spacetalk Ltd has entered into a strategic Mobile Virtual Network Operator (MVNO) partnership with TPG Telecom to enhance the growth of Spacetalk Mobile. This agreement is expected to offer improved wholesale economics, product flexibility, and the ability to launch targeted customer offers. Spacetalk will migrate its mobile customer base to the TPG Telecom network, covering 99% of Australia's population, while maintaining ownership of customer relationships and propositions. This partnership supports Spacetalk's transition to a software-led, recurring revenue business model and aims to strengthen its family safety ecosystem. The phased migration is set to begin in FY27, ensuring uninterrupted service during the transition. This collaboration with TPG Telecom is also aimed at distributing Spacetalk's Family Safety software to Vodafone Australia's postpaid customers, aiming for international expansion.
Key Points
- Strategic MVNO partnership with TPG Telecom
- Improved wholesale economics and product flexibility
- Enhanced ability to launch targeted customer offers
- Migration of mobile customer base to TPG Telecom's network
- Support for Spacetalk's transition to a software-led business
- Strengthening of family safety ecosystem
- Phased migration starting in FY27
- Distribution of Family Safety software to Vodafone Australia
- Aiming for international expansion
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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