Business
Why the Superloop (ASX:SLC) share price is accelerating 7% today
Superloop Ltd (ASX: SLC) shares are on the move this morning following the company’s announcement of a signed services agreement with MNF Group Ltd (ASX: MNF). At the time of writing, the Superloop share price is up 6.63% to $1.045.
Let’s take a closer look at what the independent connectivity services provider updated the market with.
What’s driving the Superloop share price higher?
The Superloop share price is firmly in positive territory after the company reported a significant win that will boost its coffers.
According to its release, Superloop has been awarded a major multi-year contract with Symbio, a wholly-owned subsidiary of MNF Group.
Under the deal, Superloop will become the exclusive supplier of wholesale nbn…
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