Field Solutions Holdings (ASX: FSG), Australia's leading rural, regional, and remote challenger telecommunications carrier, is pleased to announce it has been awarded $3.19M from the Federal Government’s Mobile Blackspots Program Round 5a, a 10-fold increase from Round 5 last year.
Highlights
• Funding of $3.19M
• 10 x Increase from Round 5
• 15 Towers to be constructed across NSW, WA and QLD
• Long term revenue stream expands existing telco tower portfolio and facilities leasing income
• Deepens strategic relationship with Optus
• Neutral Host ready
“FSG was the first non-tier 1 telecommunications provider to be awarded funding in last years' Round 5,” said Andrew Roberts, Chief Executive, Field Solutions Group. “In this years' Round 5a, FSG secured a 10-fold increase in funding to build 15 towers across NSW, WA and QLD”, he said.
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