No. 1 Story

Telstra adds one million mobile services, but Sensis plummets

Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.

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Redflex captures another US deal

IT Industry - Listed Tech

In what is beginning to become an almost monotonous string of clone-like deals, Redflex Traffic Systems Inc, the US subsidiary of Redflex Holdings (ASX:RDF), has been awarded a new photo enforcement contract with the City of Loma Linda in California.

Under a five year contract with two, two year renewal options, Redflex will deliver fixed red-light enforcement systems for up to 10 intersections. The format of the contract is virtually identical in size and scope to a number of US contracts announced over the past year. Based on the estimated costing of one such deal, the revenue of the latest contract is about US$6.5 million.

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