Beam Communications: Awarded $1.2m contract by Telstra subsidiary, MTData

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Beam Communications Awarded $1.2m contract by Telstra subsidiary, MTData

  • Beam Communications (BCC) secures a $1.2 million contract to supply Iridium airtime to Telstra’s wholly owned subsidiary, Mobile Tracking and Data (MTData)
  • The contract will run for a minimum two year period and will roll over yearly after that unless otherwise stated
  • The company said MTData is a longstanding customer of Beam and has purchased hardware and services from the company over the last 10 years
  • MTData has been a longstanding customer of Beam and has purchased hardware and services from the company over the last 10 years
  • Shares in Beam are up five per cent to end the day at 21 cents
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