Swiftel Signs new Corporate Customers

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    SWIFTEL LIMITED 2002-10-07 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++

    Swiftel Communications Pty Ltd ("Swiftel"), a wholly-owned subsidiary of Swiftel Limited, (ASX Code: SWT), has signed a number of new customers for the month of September 2002.

    The customers include WA Treasury Corporation, Total Internet Konnections, Coffs Harbour Rutile Ltd, Applecom and Arachnet. The services to be provided include Dark Fibre, Managed Services, Co-location Telehousing, and Internet bandwidth.

    These new sales will add a further $220,000 to Swiftel's total contracted revenues, bringing the total value of contracts signed to $4.7 million since the commissioning of the Swiftel Network and continues to build Swiftel's goal of achieving profitability.

    Swiftel provides a premium, high speed, high bandwidth, optical telecommunications network for business and government in Perth and throughout Western Australia. The network integrates advanced high-capacity fibre-optic cable with state of-the-art switching technology to support a carrier grade IP network and emerging technologies.


    C Gale
    CHIEF EXECUTIVE OFFICER

 
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