SSM Enters into An Agreement with Optus

  • Sep 30, 2019 AEST
  • Team Kalkine

Service Stream Limited (ASX: SSM) has announced that it has entered into an agreement with Optus for 5G wireless construction and design.

  • The agreement is in the form of Statement of Works for Mobile Deployment (SOW) with Optus Mobile Pty Ltd;
  • Under this SOW, in the initial phase, SSM will provide site acquisition, design and construction services on the Optus network nationally, in respect of 5G;
  • Site upgrades, small cell and RANCAP services with regards to existing 4G infrastructure also comes under the agreement;
  • The total term for SoW is three years with an option of one-year

At AEST 11:57 AM, the stock was trading at $2.605, up by 0.192% from its previous close.

 

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