Swoop secures gov’t funding under the regional connectivity initiative

Alex West, Chief Executive Officer at Swoop

As part of the Federal and Western Australian government multi-million-dollar package to boost regional connectivity, fixed wireless and wholesale infrastructure service provider Swoop (ASX:SWP) has secured funding for its $3.4m project to improve broadband services to the farming regions of Harvey, Brunswick and Busselton in south-west Western Australian.

Swoop is one of Australia’s leading internet service providers focusing on regional Australia. It has more than 30,000 services, 10,000 of which are fixed wireless – making it the largest fixed wireless provider in the country. In West Australia, Swoop operates under wireless infrastructure provider NodeOne, and has existing infrastructure in the region.

How will Swoop solve connectivity inadequacies in WA?

Currently, broadband services in WA’s south-west farming regions are inadequate to run agriculture technology solutions and businesses struggle with reliable service. To improve this, Swoop is now establishing a number of towers that will cover 850sqKm in the Harvey region to connect to its existing network near Bunbury and the major data centres in Perth.

It will also assist in filling any blackspots in the area. Further, new towers will also be erected in the Busselton Region to cover 500sqKm. In total, Swoop will provide around 8400 businesses and residents with enterprise-grade fixed wireless services of up to 150Mbps – a significant increase in reliable bandwidth for a considerable portion of the region.

Swoop CEO Alex West says the project in the agricultural regions of south-west WA is part of its ongoing commitment to improve connectivity and opportunities in regional Australia. “Swoop’s goal is to expand our high-performing network to regional Australia to create stronger economic and growth opportunities for local economies,” Mr West commented.

“Pogress in agricultural tech will see businesses more able to increase their trade from small trading to a large-scale business on a more advanced industrial platform, with increased opportunity to export their products and to compete with other developing businesses.”

“Faster and reliable internet connection will also allow businesses to increase their exposure to the online market, extending the sales opportunity for further growth,” West further said.

“In creating more infrastructure, Swoop is also playing its part in job creation, with the manufacturing and installation of our fixed wireless towers providing increased jobs for the local community. We’re proud to be investing in our local people and local communities.”

What are the thoughts of the WA government?

Mayor of the City of Busselton, Councillor Grant Henley, said: “The City of Busselton is excited to be included in this project to increase tech opportunities for our rural community.”

“The co funding between Swoop and the Commonwealth ensures prompt delivery will be forthcoming. While our urban areas have seen a significant upgrade this will enable innovation and development to value add to our primary industries in the City of Busselton,” Grant said.

Swoop is funding the project from its capital reserves, in addition to the grant awarded under the Government’s Regional Connectivity Program. The program provides grants to place-based telecommunications infrastructure projects across the country to improve digital connectivity for communities and local business across regional, rural and remote Australia.