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Swift Media: Wins $2M in contracts

December 8, 2020

Telecom and digital entertainment business Swift Media (SW1) has won three new contracts and a contract extension worth $2 million in total
The company will also deploy its proprietary communication and entertainment solutions to the mining and government client’s locations
Installations for some of the contracts are currently underway with the remainder to completed this month
Swift’s contract extension is for a quarantine camp, for which they also provide 24/7 technological support with upfront and ongoing revenue component
Swift recently announced a $4 million capital raise via a $3 million placement and a $1 million share purchase plan to speed-up growth
Shares in Swift Media are currently trading grey at 3.3 cents each