DXN Ltd. (AU:DXN) has released an update.
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DXN Limited has secured its most substantial contract yet, valued at approximately A$5.7m, to supply four cable landing stations for the East Micronesia Cable System, aiming to enhance telecommunications connectivity across several Pacific islands. These infrastructures, pivotal to the region’s connectivity, will be delivered between January and March 2025, with the projects backed by funding from Australia, the US, and Japan. The contract boosts DXN’s sales to A$8.7m, reinforcing its reputation as a provider of reliable data centre infrastructure for the subsea cable industry.
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