Service Stream Secures $1.9 Billion Agreement with NBN Co

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Service Stream Secures $1.9 Billion Agreement with NBN Co

The latest update is out from Service Stream Limited ( (AU:SSM) ).

Service Stream Limited has secured a significant long-term agreement with NBN Co, valued at approximately $1.9 billion over an initial five-year term. This agreement consolidates previous agreements and positions Service Stream as a key strategic partner for NBN Co across several Australian regions, although it does not guarantee work volumes. The new agreement is set to commence in September 2025, following the expiration of the existing agreements.

More about Service Stream Limited

Service Stream Limited is a leading company in the essential network services industry, providing network assurance, service assurance, and service activation services, particularly focusing on core network technologies including aerial infrastructure.

Average Trading Volume: 185

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €624.7M

See more data about SSM stock on TipRanks’ Stock Analysis page.

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