FSG, hard to believe this has not moved, definitely an overnight hold. From the announcement this morning:
“FSG, has secured 5G spectrum holdings to ensure that rural, regional and remote Australia is not left behind
in the rollout of 5G services”, outlines Andrew Roberts, CEO FSG. “We needed to secure this spectrum to
ensure we can deploy superfast services within our target markets” adds Roberts.
FSG has been granted licenses covering over 85% of the Australian landmass*, encompassing FSG's current
networks locations and areas where FSG may deploy network in the future. Increasing demand for bandwidth
in regional areas is being driven by the agriculture sector and work-pattern changes driven by COVID-19. “5G
deepens our long term commitment to the bush, and ensures FSG remains the leading provider of services for
rural, regional and remote Australia” says Roberts.
This will be on some radars tonight, takeover target IMHO. EMD did the same on its last announcement, now up 60%. Some are overlooked when daily frenzies are underway.
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