Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

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 viewer

Opens 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