"It's a defensive move that gives Telstra, Optus and TPG food for thought as they gear up to bid for lucrative 5G spectrum coming up for auction next year. It's also an acknowledgement from NBN Co that it needs to stay a step ahead of the competitive threat posed by 5G services."
NBN or 5G , SSM is one of the few companies in Australia that can get construction of the relevant infrastructures moving quickly- and speed will be of the essence in this race. There will be less bidding for work and more negotiated construction packages with good margins.
SSM Price at posting:
$2.03 Sentiment: Hold Disclosure: Held
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