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Field Solutions Group Awarded $20.475M Federal Government RCP Funding


Field Solutions Holdings (ASX: FSG), Australia's leading rural, regional and remote telecommunications carrier, is pleased to announce it has been awarded $20.475M from the Federal Government’s $82M Regional Connectivity Program Fund (RCP).

Highlights:

• $34M telecommunications infrastructure project build, comprising 12 Projects
• $20.475M capital contribution from RCP
• Revenue expectation of $85M over 7 years
• Adding approximately 69,889 km2 of network coverage
• Addressing approximately 103,000 individuals and over 12,000 businesses
• 7-Year build, own, operate agreement
• Networks to be deployed in NSW / QLD / NT / VIC / WA
• Delivers next generation regional connectivity
The Federal Government’s Regional Connectivity Program (the RCP) which closed in November 2020, provided up to $83M of targeted investment in ‘place-based’ telecommunications infrastructure projects which maximise economic and social opportunities in regional, rural and remote Australian communities.

For more information, download the attached PDF.


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