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Flexiroam Ltd ( (AU:FRX) ) has shared an announcement.
FlexiRoam has signed a commercial agreement with DIV Services Sdn Bhd, a subsidiary of Malaysian integrated technical services group Dialog, to supply multi-network data connectivity for mobile point-of-sale terminals used in the MyKasih cashless welfare distribution platform. The deal embeds FlexiRoam’s AI-assisted connectivity platform at the core of Malaysia’s digital welfare infrastructure, supporting programs such as Sumbangan Asas Rahmah, which is slated to serve about 8.1 million recipients in 2026. The arrangement includes a minimum annual revenue commitment of roughly AUD 60,000, with upside as more terminals are activated, and showcases FlexiRoam’s ability to handle national-scale, mission-critical deployments where uptime and security are crucial. By enabling capabilities such as predictive maintenance, automated fraud detection, zero-touch provisioning and AI-powered support for Dialog’s device fleet, the partnership advances FlexiRoam’s strategic transition toward becoming an AI-enabled infrastructure partner and may strengthen its positioning in the enterprise and government connectivity market.
The most recent analyst rating on (AU:FRX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Flexiroam Ltd stock, see the AU:FRX Stock Forecast page.
More about Flexiroam Ltd
FlexiRoam Limited (ASX: FRX) operates in the telecommunications and connectivity sector, providing multi-network data connectivity solutions and an AI-assisted connectivity platform focused on large-scale IoT and enterprise deployments. Its services enable centralised fleet management, secure data transmission and always-on connectivity for mission-critical applications, increasingly positioning the company as an AI-enabled infrastructure partner rather than a traditional connectivity provider.
Average Trading Volume: 4,334,518
Technical Sentiment Signal: Sell
Current Market Cap: A$31.85M
See more data about FRX stock on TipRanks’ Stock Analysis page.