Megaport Limited (ASX: MP1) — Stock Profile

About MP1 (ASX: MP1)

Megaport Limited provides on-demand interconnection services across Australia, New Zealand, Hong Kong, Singapore, Japan, the United States, Canada, Mexico, Brazil, and Europe, operating a Software Defined Network platform that enables customers to connect their networks to other services and build agile networking environments. The company serves enterprises and cloud users through a range of connectivity solutions spanning hybrid cloud, cloud to cloud, virtual connectivity hub, global WAN, and data center interconnect, alongside internet exchanges, internet access, and firewall as a service hosting.

Founded in 2013, Megaport has grown into a multinational network-as-a-service provider whose platform underpins flexible, software-driven connectivity across major data center markets globally. The company is headquartered in Fortitude Valley, Australia.

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Latest Announcements

  • Megaport (ASX: MP1) – Megaport Secures Major Compute Network Storage Contracts
    May 14, 2026
    Megaport Limited has secured three major infrastructure contracts through its Latitude.sh subsidiary valued at approximately AUD $254.0 million in total contract value, with around AUD $90.6 million in annualised recurring revenue. The contracts are with two US-based technology providers that operate AI applications and inference workloads, each backed by institutional shareholders. Two contracts span 36 […]
  • Megaport (ASX: MP1) – Megaport Secures Three-Year Compute Contract
    April 27, 2026
    Megaport Limited has secured a significant three-year compute contract for its subsidiary Latitude.sh, valued at AUD$35.4 million with annualized recurring revenue of AUD$11.8 million. The customer, a US-based unlisted technology company focused on developer tooling, will commence the contract in the first half of FY27. The deal showcases robust demand for compute capacity in an […]

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