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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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General mining & base metals

Swift Networks wins contract to deliver entertainment and connectivity services to mining project

Project to contribute materially to Swift’s revenue in FY19, with scope for an ongoing services contract to follow.

Swift Networks Group Ltd (ASX:SW1) has won a material new contract to provide its award-winning suite of entertainment and connectivity services to a large construction camp in Western Australia’s remote Pilbara region.

Swift will engage with Pindan Group Pty Ltd, a fully integrated nationwide construction and property development group, to provide its services to a large tier-1 mining company end-client.

READ: Swift Networks expands presence in the aged care sector

Pindan has been contracted to build a 780-room construction camp in the Pilbara for a recently-approved multi-billion dollar mining project.

Swift’s contract with Pindan will cover the design and construction of network infrastructure, TV headend and the supply of media technology for information and content delivery.

Swift chief executive officer Xavier Kris said: “We are thrilled to extend our partnership with Pindan, a leader in property and construction, to deliver content and connectivity to a globally significant mining company.

“This new project reiterates the ‘best-in-class’ status of Swift’s telco and media solutions in the resources market.

“With construction at the camp set to begin next year, we expect the project to contribute materially to Swift’s revenue in FY19 and are hopeful of an ongoing services contract to follow.”

READ: Swift Networks signs exclusive deal with Hoyts to provide eSports content in Australia

Earlier this month, the company signed an exclusive deal to provide eSports content to Hoyts throughout Australia.

The agreement follows Swift’s recent content licence and distribution agreement with US-based eSports company Real Big Hits, which gives Swift live broadcast rights to sought-after eSports content.

The deal with Hoyts defines a shared model of revenue from all ticket sales and has an initial three-year term, with the parties holding an option to extend the contract for a further three.

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