Sydney - Tuesday - August 29: (RWE Australian Business News) - Telecommunication services provider Service Stream Ltd (STR) reports an expansion and extension of its existing arrangements with Vodafone Australia. The appointment of STR to a new 3-year contract agreement (with a two year extension option) follows a comprehensive review conducted by Vodafone of the outsourced component of its customer contact centre and supporting technology requirements in Australia. STR will provide customer support services to Vodafone customers under an expanded contract valued at approximately $100 million over 5 years. The new agreement represents a 35% increase on existing contracted revenues with Vodafone, and builds on a relationship spanning over 9 years.
STR Price at posting:
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