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Article published on CRN, 24 Oct 2022 | Jeremy Nadel

Western Australian 5G fixed wireless provider Pentanet has secured a $5 million loan to fund capital infrastructure and invest in its cloud gaming and internet service offerings.

Pentanet managing director Stephen Cornish stated in an announcement to the ASX, “I’m delighted to have the support of Westpac, which provides further verification of Pentanet’s strategy and the business we have been building.”

“Along with existing cash, we are well-positioned to grow the business organically and via acquisition or capital investment,” Cornish said.

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WA's Pentanet secures $5m loan for capital