AGL Energy Limited (AGLXY) M&A Call Transcript

Operator

Thank you for standing by, and welcome to the Aussie Broadband Limited Briefing. [Operator Instructions]

I would now like to hand the conference over to Mr. Brian Maher, CEO. Please go ahead.

Brian Maher
Group Chief Executive Officer

Thank you. Good afternoon, everyone, and welcome to this Aussie Broadband Group Investor Call. I’m Brian Maher, the CEO of Aussie Broadband, and I’m joined today by Jonathan Prosser, our Group Executive Residential, who will have operational control of the business we’re going to talk about today.

While we’re only a couple of weeks away from the release of our half year results, the significance of this announcement meant I thought it was appropriate to hear from me on the strategic rationale of the transaction and to give investors the chance to ask questions ahead of that time. We will not be discussing the first half FY ’26 results on the call today.

We’re very proud and excited to have announced an agreement with AGL this morning, which consists of the acquisition of AGL Telco and its associated customer assets, including telecommunication services under the AGL and Southern Phone brands and importantly, an exclusive long-term partnership with AGL.

This agreement represents a significant stepping stone in the execution of our Look-to-28 strategy with a material uplift in owned customer