STR service stream ltd

100m contract with vodafone

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    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.
 
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Currently unlisted public company.

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