ASX-listed telco Field Services Holdings (FSG) has announced it has raised $20 million in new capital from new and existing investors via an institution.
Field Solutions Group ramps up regional network amid $7.75M funding
Adds more services and towers to its Regional Australia Network.
FSG tower construction Credit: FSG
Regional telecommunications provider Field Solutions Group (FSG) has scored funding totalling $7.75 million for various projects under the Federal Government’s Mobile Blackspots Program as it readies to build its regional network.
FSG has received $900,000 from the Federal Government’s Mobile Blackspots Program Round 5a, to trial domestic roaming with Optus and its own 4G Regional Australia Network (RAN).
FSG will build, construct, and operate place-based comprehensive 4G and 5G mobile and broadband networks, with CEO Andrew Roberts adding RAN was designed to be deployed in under serviced areas across rural, regional and remote Australia.