Ventia Services Group Limited (AU:VNT) has released an update.
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Ventia Services Group Ltd has announced a significant five-year strategic agreement with Telstra, expected to generate over $400 million annually, to enhance the delivery of Telstra’s digital infrastructure across Australia. This partnership will encompass lifecycle management, network services, and the construction of new infrastructure projects, reinforcing Ventia’s commitment to service excellence. With the new contract set to begin in early 2025, the collaboration aims to drive operational efficiencies in Telstra’s expansive fixed network.
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