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Swift Media Ltd

Swift Media wins Rio Tinto contract to install network equipment

The contract is part of Rio’s strategy to provide fit for purpose entertainment systems at its workforce accommodation villages.

Swift Media Ltd - Swift Media wins Rio Tinto contract to install network equipment
The contract is valued at between $1 million - $1.5 million in revenue for Swift

Swift Media Ltd (ASX:SW1) has signed a new contract with Rio Tinto Ltd (ASX:RIO) for the installation and commissioning of wi-fi access points as well as configuration of monitoring and management equipment.

The contract is part of Rio’s strategy to provide fit for purpose entertainment systems at its workforce accommodation villages.

This work is to be delivered across 6,600 plus rooms throughout the Brockman area as part of stages 3 to 6 of the Rio standardisation and improvement program.

Working under a tight deadline, Swift has been requested to complete the project before the end of this calendar year.

Focus on mining and resources vertical

The contract is valued at between $1 million - $1.5 million in revenue for Swift and includes standard industry payment terms.

Swift CEO Pippa Leary said: "We are pleased to announce this new engagement with Rio.

“We have worked closely with Rio over 11 years and look forward to strengthening the partnership going forward.

“This agreement is central to our core strategy of leveraging our market leading position to drive growth in our key Mining and Resources vertical."

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Market: ASX
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