SKF signs agreement with GPT Group to expand Wi-Fi and analytics services

|

Published 24-JUN-2015 11:58 A.M.

|

1 minute read

Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.

In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.

The below articles were written under our previous business model. We have kept these articles online here for your reference.

Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.


Click Here to View Latest Articles

SkyFii Ltd (ASX:SKF) has signed a master services agreement with The GPT Group to expand its wireless network and analytics services through GPT’s network.

GPT has a portfolio of retail assets, with a portfolio of more than $9BN, and owns 16 retails shopping centres in Australia, as well as office and logistical properties.

The agreement means SKF will be able to tap into this network, providing Wi-Fi and analytics products to the properties with GPT’s portfolio.

Roll-out of SKF services underway

The agreement follows two successful implementation of SKF services at GPT retail properties, including the MLC Centre in Sydney in February, and the Rouse Hill Town Centre in August last year.

Thanks to the new agreement, SKF will also roll-out its services at Melbourne Central and Casuarina Square in Darwin – two other GPT retail properties.

Melbourne Central, located in Melbourne’s CBD, has more than 300 retail shops within two city blocks located about the Melbourne Central Train Station.

Casuarina Square in the Northern Territory has more than 190 retail outlets.

SFK CEO, Wayne Arthur, says, “The GPT Group was one of SkyFii’s earliest partners and we are extremely proud to enter into this master services agreement and be able to expand our relationship with the group.”

SKF’s successful capital raising

The agreement with GPT comes after SKF announced a successful round of capital raising in May, in which it raised A$2.8M.

These funds will be put towards helping SKF win more contracts both in Australia and overseas, as well as help the company to expand its sales, development and operations teams.



General Information Only

S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

Conflicts of Interest Notice

S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.

Publication Notice and Disclaimer

The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.

Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.

This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.

 

Discover Small Cap
Biotech Stocks

Join thousands of other Investors following our stock commentary for Free

X