Service Stream (ASX:SSM) secured a long-term agreement worth about AU$1.9 billion over the initial five-year term with National Broadband Network, according to a Friday Australian bourse filing.
The new field module will consolidate and replace the existing two unified field operations agreements that have been held by the company since 2021.
Under the field module, the company will provide services involving network and service assurance, and service activation, among other responsibilities, the filing added.
The company has been allocated a comparable service coverage area to the existing Unify agreements and will be exclusively responsible for performing works across Victoria, South Australia, Western Australia, and the Northern Territory.
The agreement includes a two-plus-one-year extension option, at NBN's election, according to the filing.
Company shares rose 3% in recent Friday trade, earlier hitting their highest since January 2021.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。