OTHER AGREEMENTS
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.
The Company is also in discussions with various parties on a number of other agreements, however, given the stage of negotiations, the Company does not consider any of these to be material at the current time.
Add to My Watchlist
What is My Watchlist?