HT&E has been awarded an extension to its Sydney trains contract. The contract with HT&E’s Adshel division that was due to expire at the end of 2018, has been extended for multiple years. It includes advertising space across concourse and platforms, with 186 digital screens.
TZ Limited has been awarded a purchase agreement with a global technology company for the provision of TZ locker hardware, software and maintenance services. The agreement has an indefinite term with provision for annual price increases. The company is already a major customer of TZ, and the contract is a positive affirmation of the strong technology solution that TZ offers.
Threat Protect has announced a substantial acquisition – South Australian based Security Alarm Monitoring Service. It has 22,115 connections, 218 resellers and its own monitoring call control room. The acquisition cost $8m and is expected to contribute $5.0m of revenue annually. This acquisition will provide a meaningful increase in scale, and is expected to contribute to significant earnings' growth in coming years.
Survey 1 for 2018 for Australian radio was released this week. Southern Cross Media owns the Triple M and HIT networks. HT&E owns the KIIS network. It was a good result for both companies – with overall rating improvement for all three networks, as shown below. The HIT network increased share in the key Sydney market (which is good as this has been a focus for Southern Cross), although KIIS and Triple M lost share.
Source: radioinfo (http://www.radioinfo.com.au) 13-Mar-18.