SINGAPORE (Yosefardi) – DMX Technologies Group Limited, through its Indonesia subsidiary PT. Packet Systems Indonesia (PSI), has secured US$10.6 million worth of contracts from PT. Pegadaian Persero, an Indonesian government-owned corporation with a monopoly in fiduciary services in Indonesia.
PSI will provide data centre and network infrastructure to interconnect 3,000 branches across Indonesia. The contract is the largest that PSI has won to date.
PSI has been making inroads in the information and communication technologies (ICT) business with telecom operators and enterprises, and this contract win has opened up another vertical sector for PSI.
For the full-year ended 31 December 2012, the Group recorded 25.3% year-on-year growth in revenue from Indonesia to US$51.0 million. (ferdi@yosefardi.com)