iWOW Tech subsidiary secures $10.7m mobile engineering contract

The contract is projected to be completed within the next 36 months.

iWOW Technology Limited announced that its wholly-owned subsidiary, Roots Communications, has secured a $10.7m contract awarded by a major telecommunications company in Singapore.

In a bourse filing, iWOW Technology the deal is about the provision of engineering works for the expansion, safety enhancement, recovery works, relocation and/or retrofitting of Radio Base Stations or other mobile network site infrastructures in Singapore.

The contract is scheduled for completion within the next 36 months, given no unexpected events, the company said.

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iWOW Technology said the awarding of the contract will bring the group’s order book to around $93.5m.

It noted that the transaction is not expected to have any impact on the group’s performance for the financial year ending 31 March 2025.

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