Brief: Beam Communications Launched A Cost-Out Program Expected To Achieve A$2.5 Mln In Annualised Savings

Beam Communications Holdings

30/10/2024 08:48

Oct 30 (Reuters) - Beam Communications Holdings Ltd
 BCC.AX :
    * LAUNCHED A COST-OUT PROGRAM EXPECTED TO ACHIEVE A$2.5
MILLION IN
ANNUALISED SAVINGS
    * ARBITRATION DECISION REQUIRES BEAM TO SELL ITS 50% STAKE
IN
ZOLEO INC
    * CO TO WITHDRAW PREVIOUS FY25 GUIDANCE
    * WILL PAY A$2.6MILLION (INCLUDING HST) IN LEGAL COSTS TO
ROADPOST


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