Swoop CEO to leave at end of July

Australian telecommunications provider Swoop has announced that Alex West will step down as group CEO come 31 July 2026.

The board of Swoop has appointed Tony Grist and Jonathan Pearce as interim executive directors, with Tony Grist serving as chairman, and existing chairman Paul Reid remaining as a non-executive director.

Non-executive director and former general counsel Janine Rolfe also recently joined the board.

After a period of board and executive changes, Swoop stated that it is now in a position to execute on its “focus, divest, grow” strategy announced late last year.

The board has commenced a search for a permanent CEO successor, with a focus on someone with core consumer experience and who can lead the company through its next phase of growth.

Since his appointment in February 2020, Mr West oversaw the company's ASX listing and a program of acquisitions that saw Swoop delivering data, mobile and voice services across wholesale, business and residential customers, built around its own fibre and fixed wireless infrastructure.

Last month, Swoop entered into a binding Share Sale Agreement for the disposal of 100% of the shares of Luminet Fibre Pty Ltd (the owner of the Melbourne Fibre Project) with Xenith IG Australia Holdings Pty Ltd, a wholly-owned subsidiary of Xenith Infrastructure Group.

A week prior, Moose Mobile, a subsidiary of ASX-listed Swoop, entered into a Mobile Virtual Network Operator wholesale agreement with TPG.

Swoop achieved $64.1 million in revenue, representing a 41% increase year-on-year, in its results for the first half of FY26, with revenue from internet, data and mobile services grew organically by 27% to $56.1 million.

Underlying EBITDA was $6.5 million, however, a figure that was down from uEBITDA of $7.2 million in 1H FY25, while also reporting a loss after income tax of $800,699.