NEXTDC SIGNS UNDISCLOSED CORPORATION

NEXTDC SIGNS UNDISCLOSED CORPORATION

DATA services centre NEXTDC Ltd (ASX: NXT) has signed a five year contract with an undisclosed customer.

Reportedly worth $60 million, the contract comes hot on the heels of contracts with Australia Post, Optus, and Asian telco Pacnet.

CEO Craig Scroggie (pictured) says the company is unable to disclose the identity of the new customer due to contract obligations.

“It’s a fantastic win and excellent news for the organisation overall,” says Scroggie.

“The need for increased capacity means further expansion of our existing facilities.

“We are always building our facilities ahead of our customers’ needs, but as a result of this large transaction we will need to accelerate that expansion.”

NXT currently has facilities in Brisbane, Canberra and Melbourne with new facilities due to open later this year in Sydney and Perth.

NXT shares closed at $2.60 today, up 12.6 per cent from the previous days close.

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