- 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
