it will be interesting to hear any updates/news regarding the below at this afternoon’s AGM.
Field Solutions Group (FSG) is to split its business into two separate units as part of a wider diversification push. The publicly listed company has proposed a logical separation in the upcoming financial year that would split its core internet service and managed services provider (ISP/MSP) from its infrastructure business.Outlined in an investor presentation, FSG said the core ISP/MSP unit would be focused on expanding and diversifying its revenue base, as well as its its mobile strategy.Meanwhile, the infrastructure unit would be focused on growing its rural footprint, including the deployment of 16 networks and 127 towers. It would also span active sharing deployment, which covers its role in the federal government’s neutral host pilot program and the NSW government’s mobile connectivity pilot program.
FSG Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
