Swift Media (ASX:SW1) - CEO, Pippa Leary
CEO, Pippa Leary
Source: Mumbrella
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  • Perth-based telecommunication and content provider Swift Media (SW1) has entered into two new sales agreements and contract extensions collectively worth $2 million
  • Swift signed the new contracts with Atlas Iron, and extended its current contracts with Anglo Gold and Inpex
  • Under the Atlas contract, the company will provide communication, entertainment and support for 304 rooms for three years
  • Meanwhile, the Anglo Gold and Inpex contracts cover 1042 rooms for 11 months and 94 rooms for eight months, respectively
  • Swift Media is up 4.88 per cent, trading at 4.3 cents

Swift Media (SW1) has signed two new sales agreements and extended a couple of its current contracts, securing $2 million in the process.

Swift is a telecommunication and content provider servicing a cross-section of industries. The company sources and curates multilingual content from around the world, which is then packaged to suit each client’s brand.

Swift signed the new contracts with Atlas Iron for two villages, Miralga Creek and Sanjiv Ridge, to provide communication, entertainment and support for 304 rooms on a 36-month term.

The contract extension with Anglo Gold will see Swift continue to supply in-room entertainment and ongoing support for 1042 rooms for 11 months, starting this month.

Swift also extended its contract with Inpex this month to continue providing in-room entertainment plus support for two offshore vessels across 394 rooms for a further eight months from June 2021.  

Swift Media is up 4.88 per cent, trading at 4.3 cents at 2:24 pm AEDT.

SW1 by the numbers
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