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Australian fixed wireless network provider Swoop Holdings (ASX:SWP) has completed a $2.45 million purchase of a 16.99% stake in telecommunications group Vonex (ASX:VN8). 📲 Swoop is a national provider of data and voice services to channel, business and residential customers with a focus on its own fibre and fixed wireless infrastructure ☎️ Vonex works in a range of industries, from the Sydney Harbour Trust to IGA’s across Australia 📞 Swoop has acquired its interest in Vonex for around $2.45 million which has been funded from existing cash resources “Swoop is in a strong position to be able to acquire the Vonex business and integrate and extract material synergies” - Swoop Chair James Spenceley ASX announcement: https://lnkd.in/gBjrvZQ6

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