"The Company is in advanced discussions with an Australian-own telecommunication services provider on a joint ven-ture arrangement, consistent with the Company’s existing roll out strategy. The joint arrangement is being consid-ered by the Company and is subject to board approval. The structure of the agreement will be following the low up-front capex / high margin service delivery strategy of the company, which was implemented post the companies ASX listing. The Company will update the market on this should a conclusive binding agreement be reached."