- Field Solutions (FSG) has partnered with telco giant Optus to supply 4G and 5G voice and data services to rural and remote areas across Australia
- Under the five-year deal, Optus will give Field complete 4G and 5G access to its network to ensure customers can use its critical features nationwide
- This agreement is expected to generate about $20 million in revenue and will allow Field to provide its rural and remote customers with a wider offering
- Field will shortly start onboarding and integrating Optus' product suite into its platform ahead of the rollout later this year
- Company shares are up 10.5 per cent and are trading at 10.5 cents
Field Solutions (FSG) has signed an agreement with telco giant Optus to supply 4G and 5G voice and data services to rural and remote areas across Australia.
The wholesale mobile virtual network operator (MVNO) deal is for a five-year term and is expected to generate about $20 million in revenue for Field.
The MVNO deal builds on Field and Optus' existing relationship, which was formed last year under the Federal Government's Mobile Blackspot Program. Essentially, it allowed the companies to deliver more telecommunications infrastructure to rural areas across Australia.
"Adding this MVNO relationship allows FSG to deliver voice and data services that are integrated into our FSG Regional Network, delivering business and consumers a wider range of products and services," Field Solutions CEO Andrew Roberts said.
While Field currently operates the largest non-NBN fixed wireless network in Australia, the CEO says combining voice and data with the company's high-speed broadband offering is what the customers want.
"Servicing government and agri-business-based enterprise customers in rural areas is high on our priority list," Andrew said.
Optus will provide FSG with complete 4G and 5G access to its network to ensure its critical features can be used nationwide.
From this month, Field Solutions will begin onboarding and integrating Optus' MVNO product suite into its Ordnance orchestration platform and this is expected to take three months.
This platform ensures that customers can control their plans, provision services and manage private networks from one place.
The MVNO brand and associated products and services are expected to launch early in the 2022 financial year.
Company shares are up 10.5 per cent and are trading at 10.5 cents at 1:04 pm AEST.