NEXTDC SIGNS UNDISCLOSED CORPORATION

Written on the 13 June 2013

NEXTDC SIGNS UNDISCLOSED CORPORATION

DATA services centre NEXTDC Ltd (ASX: NXT) has signed a five year contract with an undisclosed customer.

Reportedly worth $60 million, the contract comes hot on the heels of contracts with Australia Post, Optus, and Asian telco Pacnet.

CEO Craig Scroggie (pictured) says the company is unable to disclose the identity of the new customer due to contract obligations.

“It’s a fantastic win and excellent news for the organisation overall,” says Scroggie.

“The need for increased capacity means further expansion of our existing facilities.

“We are always building our facilities ahead of our customers’ needs, but as a result of this large transaction we will need to accelerate that expansion.”

NXT currently has facilities in Brisbane, Canberra and Melbourne with new facilities due to open later this year in Sydney and Perth.

NXT shares closed at $2.60 today, up 12.6 per cent from the previous days close.


Latest News

SIRTEX CEO DISMISSED FOLLOWING SHARE TRADING PROBE

SIRTEX Medical Ltd (ASX: SRX) has sacked its chief executive officer, Gilman Wong (pictured), following an investigat...

SANTA DELIVERS KOGAN A GIFT

KOGAN.COM (ASX: KGN) has exceeded its expectations and reported another strong quarter of trade.

The online retail...

FOUR WAYS YOU SHOULD PROTECT YOUR IT SYSTEMS FROM EXTREME WEATHER

SHANNON Overs, co-founder of onPlatinum ICT, sees it too often, perhaps half a dozen times per year businesses tha...

IOT GROUP ORDERS FIRST PRODUCTION OF ROVA DRONE

IOT Group (ASX:IOT) has ordered production of 40,000 units of the ROVA flying selfie drone from Chinese technologies ...

Related News

RISE OF STARTUP SUPPORT PROGRAMS NOT AS ROSY AT IT SEEMS

ENTREPRENEURIAL cultivation companies in Australia are appearing quickly, but questions have been raised about whe...

SMES TAKE RETAIL MARKET SHARE AS CONSUMERS CHOOSE PERSONALISATION

IN a battle for the hearts and wallets of Australian consumers, it appears that small and medium retail businesses...

KNOWLEDGE WORKERS AMONG MOST SOUGHT AFTER IN 2017

BUSINESSES searching for efficiencies and improved systems are in search of knowledge workers early this year, say...

FEMALE ENTREPRENEURS GET SPRINGBOARD TO GROWTH

DESPITE the fast-growing number of women studying STEM subjects at school and university, women continue to be und...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter