Service Stream (ASX:SSM) share price falls despite NBN agreement

Service Stream Limited (ASX: SSM) shares are falling lower today despite the company announcing a new, multi-year agreement with NBN Co. At the time of writing, the Service Stream share price is down 2.1% to $2.35.

What did Service Stream announce?

This morning, investors seem ambivalent about the company’s long-term contract, sending the Service Stream share price lower.

According to its release, Service Stream has secured a significant contract with nbn under a unified field operations agreement. The contract will see the company provide service activations, operations and maintenance activities to the national broadband network. This will include working with fibre to the node (FTTN), fibre to the premise (FTTP), fibre to the…