DXN Awarded AU$1 Million Telecoms Infrastructure Contract
MT Newswires Live
Jul 01
DXN (ASX:DXN) won a AU$1 million contract from the American Samoa Telecommunications Authority to design, manufacture, and commission a cable landing station, according to a Wednesday filing with the Australian bourse.
Manufacturing will start immediately, and the delivery of the facility is due by March 2027, the company said.
DXN shares gained 2% in recent Wednesday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.