Solar security, sensing and visual AI solutions and platforms company Spectur Limited (ASX: SP3) has signed an agreement with Optus and Australia Tower Network Pty Ltd (ATN).
This Agreement leverages off the recently concluded Master Services Agreement, (MSA) (Base terms and Goods & Services Module) signed with Singapore Telecommunications Limited (Singtel), in November 2021 and associated Statement of Works (SoW) that operates within the Singtel MSA.
Optus’ parent company Singtel, which owns ATN, sold 70% of ATN to AusSuper and retained a 30% stake. ATN comprises 2,312 mobile network towers and rooftop sites across Australia. As part of the share sale, Optus will continue to have access to the ATN sites through long-term licences.
The Agreement with ATN allows ATN to issue new orders with Spectur. The SoW involves the provision of Spectur solar powered security hardware, field and monitoring services, and software subscriptions suitable for security applications on remote assets across Australia.
Spectur Managing Director, Gerard Dyson, said signing this Agreement was an important step for Spectur because, as a result of the share sale, ATN is now not a related body corporate of Optus so the existing agreement with Optus cannot be used by ATN.
“Spectur is very pleased to provide ongoing and extended services to core Optus assets and also now to Australia Tower Network Pty Ltd. Our solutions substantially reduce risk for key items of critical infrastructure and we are pleased to extend our offering in this way. We look forward to expanding these services to other owners of critical infrastructure and utilities in the future .”