Brief: LS Telcom Announces Its Subsidiary Ls Telcom Australia Has Signed A Contract With The Department Of Defence In Australia

LS telcom AG

29/06/2022 11:32

June 29 (Reuters) - LS TELCOM AG  LSXG.DE :
    * LS TELCOM AUSTRALIA PTY LTD. WILL EXPAND ITS LOCAL
RESOURCES AND
PRESENCE IN CANBERRA FOR BOTH THE SUPPLY AND MAINTENANCE PHASES
OF THE PROJECT (CORRECTS SUBSIDIARY NAME)
    * LS TELCOM WINS PROJECT IN AUSTRALIA
    * ANNOUNCES THAT ITS SUBSIDIARY LS TELCOM AUSTRALIA PTY LTD.
HAS
SIGNED A CONTRACT WITH THE DEPARTMENT OF DEFENCE IN AUSTRALIA
    * TOTAL VALUE OF THE PROJECT IS AUD 19.8 MILLION, WHICH IS
EQUIVALENT TO APPROXIMATELY EUR 13.3 MILLION AT CURRENT EXCHANGE
RATES AND INCLUDING LOCAL TAXES
    * PROJECT WILL BE CARRIED OUT OVER THE NEXT THREE YEARS,
WITH THE
OPTION OF AN EXTENSION FOR TWO FURTHER THREE-YEAR PERIODS TO
SUPPORT AND MAINTAIN THE IMPLEMENTED SYSTEM

Further company coverage:  LSXG.DE 

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