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BRIEF-Reverse Corp Notified That Optus Issued 30-Day Notice Of Termination Of Certain Contracts

Published 26/07/2018, 04:21 pm
© Reuters.  BRIEF-Reverse Corp Notified That Optus Issued 30-Day Notice Of Termination Of Certain Contracts
REF
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July 26 (Reuters) - Reverse Corp Ltd REF.AX :

* NOTIFIED BY CHARGEWAVE PTY AND OPENMARKET PTY THAT OPTUS ISSUED 30-DAY NOTICE OF TERMINATION OF CERTAIN CONTRACTS

* CONTRACTS FOR DIRECT CARRIER BILLING AND PREMIUM SMS SERVICES

* ESTIMATES CHANGES TO NEGATIVELY IMPACT 1800-REVERSE EBITDA IN CURRENT YEAR BY $25,000 PER MONTH FROM 25 AUGUST

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