Business
Why the Service Stream (ASX:SSM) share price is jumping 7% higher
The Service Stream Limited (ASX: SSM) share price is pushing higher on Friday after the release of an announcement.
At the time of writing, the essential network services provider’s shares are up 7% to $1.86.
What did Service Stream announce?
This morning Service Stream announced that it has secured a multi-year agreement with telco giant Telstra Corporation Ltd (ASX: TLS)
According to the release, under Telstra’s new commercial framework, Service Stream will be a key delivery partner responsible for performing design, construction, and maintenance activities associated with its wireless and fixed-line infrastructure networks.
This includes site acquisition, design, construction and upgrade services of wireless infrastructure…
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