AI assistant
SERVICE STREAM LIMITED — Capital/Financing Update 2012
Sep 23, 2012
65865_rns_2012-09-23_1e27daa9-a01a-486d-88f6-73e326883a01.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [16 x 43] intentionally omitted <==
==> picture [52 x 43] intentionally omitted <==
==> picture [51 x 43] intentionally omitted <==
==> picture [34 x 43] intentionally omitted <==
ASX & Media Release 24 September 2012
Telstra A&AS Contract Update
Service Stre a m has been advised tod a y by Telstra t hat the Acce s s & Associa t ed Services ( A&AS) contr a ct will not b e renewed pa s t its expiry o n 31 Decemb e r 2012, with the important exception of work associ a ted with rem e diation of th e Telstra netw o rk in readine s s for the NB N roll-out.
The impact o f the changes to this contract will be d e pendent on t he transition of the existin g work-in-pro g ress and th e degree to w h ich Service S tream is abl e to secure r e placement r e mediation w o rk. We will a d vise the ma r ket as furthe r detail is provided to us by T elstra.
In FY14 Ser v ice Stream e xpects the i m pact of the c h anges to the contract to b e fully compensated for by the growth i n NBN contract revenue.
For further details contac
Service Stream Limited
Graeme Su m ner, Managi n g Director Tel: +61 3 9 6 77 8817
Service Stream Limited Bob Grant, C hief Financial Officer Tel: +61 3 9 6 77 8817
About Service Stream Limited:
Service Str e am is a public compan y listed on the Australian Securities Exchange ( C ode: SSM) with annua l revenue of a pproximatel y $600 million. The Serv i ce Stream G roup is a pr o vider of ess e ntial netwo r k services t o the telecommunications, energy and water industries. Servi c e Stream o p erates out o f more than 50 location s nationwide a nd maintai n s a workfor c e of over 4, 0 00 employ e es and contractors. For more infor m ation pleas e visit www.s e rvicestream . com.au.
SERVICE STREAM LIMITED ABN 46 072 369 870 HEAD OFFICE L evel 1, 355 Spe n cer Street, West M elbourne Vic 3003 | Mailing Addr e ss: PO Box 145 7 0 Melbourne VIC 8001 T +61 3 9677 8 8 88 | F +61 3 967 7 8877 | E info@s e rvicestream.co m .au | www.servic e stream.com.au