Pentanet (Asx:5Gg)

Pentanet is a Perth-based, growth-focused telco delivering high-speed internet to a growing number of subscribers by providing them with next-generation internet speeds. This is achieved through Pentanet’s market-leading private fixed-wireless network, the largest in Perth, as well as reselling fixed-line services such as NBN, where its wireless is not yet available. Pentanet’s flagship fixed wireless network has benefits for both customers and investors, offering an outstanding customer experience and a fixed-wireless product that is technically superior to most of the NBN – with attractive margins for investors. This sets Pentanet apart from most broadband providers, which only resell the NBN. The next generation of Pentanet’s network is neXus; a disruptive wireless mesh delivering gigabit (1000Mbps) speeds at a fraction of the cost of fixed-line rollouts. Using bleeding-edge mmWave ‘Terragraph’ technology in partnership with Facebook, neXus enables rerouting from a signal tower through other subscribers in a resilient mesh design. As long as a subscriber’s premises is in line of sight of another customer, they can enjoy the benefits of gigabit internet speeds without line of sight of a tower. Pentanet will also be part of the rollout of the next wave of subscription-based entertainment services – cloud gaming. The Company’s Alliance Partner Agreement with NASDAQ listed NVIDIA – one of the world’s largest producers of specialised graphic chips used in gaming – allows Pentanet to be the first to bring their GeForce NOW technology to Australia in 2021. Pentanet was listed as #28 in the Deloitte Technology Fast 500 Asia Pacific 2020, a ranking of the region’s 500 fastest growing technology companies. On top of the Company's #28 overall ranking, Pentanet also ranked #3 for Australian companies on the list.