Broadcast data (00471) surged more than 32% in early trading and surged 83% in 3 trading days. As of press release, it had risen 32.11% to HK$0.14, with a turnover of HK$2.15 million.
The Zhitong Finance App learned that the broadcast data (00471) surged more than 32% in early trading and surged 83% in 3 trading days. As of press release, it had risen 32.11% to HK$0.14, with a turnover of HK$2.15 million.
According to the news, broadcast data previously announced that the company is happy to announce that it has signed memorandums of understanding with its local partner Smart Citi Teknologi (SCT) with two Philippine government disciplinary forces agencies. According to the agreement, the company will provide: a national government emergency broadcast and disaster warning system based on the construction of a local broadband Internet based on satellite and terrestrial integration, and based on high-orbit L-band satellite direct connection to terrestrial terminals.
After successfully completing the proof of concept, the company is expected to be able to sign long-term commercial agreements with relevant government agencies to procure technical solutions co-ordinated and provided by the company, including software, hardware, service support, and network engineering, to provide services to these government agencies at thousands of locations across the country.
The proof of concept provided the company with a good opportunity to enter the ASEAN market, enabling the company to become an important partner in the Philippine National Digitization Program, coordinate the development of modern Philippine network facilities, and rapidly enter the digital economy era. The Philippines is one of the largest and fastest growing economies in Southeast Asia, with a population of around 120 million and more than 8,000 islands.