Aussie Broadband 

(AI video summary)

This video was created on 11 February 2026 for IG audiences by ausbiz.

ASX code: ABB

Aussie Broadband's major acquisition deal

Aussie Broadband announced its plan to acquire the telecommunications business and customer assets of Over the Wire for $125 million. This move is expected to add an estimated 350,000 broadband and mobile connections, along with 46,000 voice services, to its customer base.

Positive market response

Despite the cautious outlook, Aussie Broadband shares had a strong session, reflecting a positive market response to the acquisition news. Before the announcement, shares had been trending lower since October due to concerns over slowing growth in broadband sales. The company reports its results on 23 February.

The telecommunications sector has seen interest despite Aussie Broadband's earlier declines. The all-scrip nature of the deal positions Aussie Broadband as the third-largest provider in the National Broadband Network (NBN) space, behind Telstra and Optus. The acquisition being well-received by the market contrasts with typical acquisition reactions. 

Investment outlook

Analysts have raised questions about the benefits for Aussie Broadband and whether the purchase price is justified, noting the need for details on synergies and promotional costs. The analysts’ last rating on Aussie Broadband was 'neutral', with a target price of $5.25.