Array
(
[0] => Array
(
)
[1] => Array
(
)
)
List StockArray ( )
By Rudi Filapek-Vandyck
We couldn’t help but notice that micro telecom company Tele-IP (TEE) just announced a mega-order from Australia’s largest in the sector, Telstra (TLS). Or how else would you describe an order of $4.2m for a company whose total market capitalisation has dwindled to below $10m over the past two years?
Tele-IP announced its full subsidiary Beam reeled in the order and it’s for satellite telephony equipment.
Tele-IP shares closed at 1.2cents yesterday.
To share this story on social media platforms, click on the symbols below.
Click to view our Glossary of Financial Terms
Australian investors stay informed with FNArena – your trusted source for Australian financial news. We deliver expert analysis, daily updates on the ASX and commodity markets, and deep insights into companies on the ASX200 and ASX300, and beyond. Whether you're seeking a reliable financial newsletter or comprehensive finance news and detailed insights, FNArena offers unmatched coverage of the stock market news that matters. As a leading financial online newspaper, we help you stay ahead in the fast-moving world of Australian finance news.
