Australia's DXN rises to over five-year high on winning telco infrastructure contract

Dxn

01/07/2026 05:10

** Shares of DXN Limited DXN.AX rise as much as 12.8% to A$0.265, hitting their highest level since February 25, 2021
** The data centre manufacturer wins contract valued at around A$1 million ($688,900) from the American Samoa Telecommunications Authority for the design, manufacture, delivery and commissioning of a cable-landing station
** Says delivery of facility due by March 2027
** Stock up 528.2% YTD, including session's moves

   ($1 = 1.4516 Australian dollars)

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))