FinTechFunding

Field Solutions: Awarded over $20M by Federal Govt.

  • Field Solutions (FSG) has been awarded around $20.5 million from the Federal Government’s Regional Connectivity Program (RCP) Fund
  • The company will use the funds to deliver new networks in 12 under-serviced areas, across five Australian states
  • In New South Wales, this will apply to the Shires of Gunnedah, Moree Plains, Warren and Murrumbidgee
  • Construction should start in August, with revenue flowing from networks as early as the second half of the 2022 financial year
  • Over the coming months, Field Solutions will also deploy 5G on selected networks, along with native voice services
  • Field Solutions is up 21.43 per cent and trading at 17 cents per share
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Steve Sam
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.

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