Pentanet

How Cloud Gaming works

Webinars

New investors

News & Media

Governance

Our Team

Home

Announcements

Lato

Stephen Cornish, from Pentanet (5GG), shares about the development and enhance sectors in the business. According to him, the company puts a focus on the Perth market, a location with tremendous growth potential. Next, they aim to increase market capture by 5 to 10% with the aid of technology they've managed to integrate. This would raise revenue to an estimated 50 to 100 million due to high gross margins. The firm's primary focus would then be their core product, wireless, where they reach a 90% margin.

Pentanet is shifting its attention to expanding technologies within the company, moving into the realm of 5G and Nexus tech. The strategy is to boost overall coverage in order to increase business growth. A new vendor facility is being put in place, intending to enhance the CapEx profile of Pentanet. This will give the company the ability to pay just 30% upfront while the remainder goes over four years for all the equipment needed.

The company's cloud gaming business is potentially a game-changer. A partnership with Nvidia (NASDAQ: NVDA) to provide the GeForce Now cloud gaming platform in Australia could revolutionise how gamers access hardware. Stephen boasts of a 50% quarterly growth in their paid user base, proving it to be a crucial and viable business sector that has the potential for vast expansion. Their focus is now directed towards national growth and expanding beyond Perth.

Watch the full video here, and post your thoughts, feedback and questions on the 'Ask a question' section.

Pentanet paving the path for speedy connections