NetComm Wireless Investor Insights July 2018
 
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NetComm Wireless
Investor Insights

July 2018 | ASX: NTC

 
     
 
Reports
     
 
AGM 2015

Dear Shareholder,

I am delighted to be able to update you on some of the operational achievements we have been able to deliver over the past few months. As you'll read in this shareholder newsletter, we continue to deliver on our long-term strategic growth plan, anchored by our investment in the best people and infrastructure over the past two years.

Broadband has become an essential service worldwide, and this is driving demand for NetComm's unique access network technologies. We are one of the few companies globally with the technological expertise needed to deliver network-grade Access Network connectivity to homes and businesses, thanks to our Fixed Wireless and Distribution Point technologies which we are also in demand in overseas markets.

To deliver on the opportunities we see, we have grown our global sales presence and developed new cutting edge telecommunications technologies with global application. This has driven new contract wins over the past six months with leading carriers and network operators in Australia and North America. We are also progressing opportunities in Europe to add to others in North America and locally in Australia.

It has been an exciting few months for NetComm as we deliver on the opportunities we see for the business. I look forward to keeping you updated on the company's progress, with our 2018 full year financial results being released at the end of August 2018.

Thank you.

Kind Regards,

Ken Sheridan
CEO and Managing Director, NetComm Wireless

 
     
 
 
 
     
 
     
 

FTTC Roll out success 

Deutsche Telekom

Australia's National Broadband Network (NBN) recently started the anticipated Fibre-to-the-Curb (FttC) roll out across Sydney and Melbourne. Although deploying FttC is more complex in nature than Fibre-to-the-Node (FttN), this new network promises to deliver higher speeds and better experience to 1.5m premises.

"One of the things we're doing, we're working extremely hard on and we're very focused on, is making sure that the customer experience at the point of activation for FttC customers is fantastic, and one of the differences with FttC is we're doing self-installs for customers," nbn Chief Engineering Officer Peter Ryan said. He added, “So far, we're seeing really high success rates when we do that”.

In current tests of attainable line speeds on FttC all the way into houses, NBN is seeing more than 90Mbps download.

 
     
     
 
     
 
Reports
     
 

Settlement of Corning legal claim

AGM 2015

On 14 June 2018, the Company announced that it had settled the legal claim involving Corning Optical Communications Pty Ltd (previously announced on 6 October 2017). Accordingly, the related Federal Court proceeding has been dismissed. While the details of the settlement are confidential, we can confirm that the settlement has not, and will not have, a material impact on NetComm Wireless' financial position.

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NetComm signs agreement to supply its fixed wireless technology to another leading North American tier 1 telecommunications provider

On 17 April 2018, NetComm announced it had signed a Product Purchase Agreement with one of Canada's largest telecommunications providers for the supply of Intelligent Fixed Wireless Access technology devices. This contract win follows a successful 4 month in-field trial and builds on our previous fixed wireless contract wins with Ericsson / nbn in Australia and AT&T in the US. It is another key milestone in the growth of our international footprint servicing tier 1 telecommunications carriers in developed markets.

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NetComm welcomed nbn's expanded FTTC footprint

On 10 April 2018, Netcomm welcomed the increase to the nbn's planned Fibre-to-the-Curb (FTTC) footprint, with an additional 440,000 homes and businesses around Australia set to receive the new technology. This takes the total planned FTTC footprint closer to 1.5 million homes and businesses by 2020. With NetComm at the leading edge of key technology developments that provide real benefits to network operators, we look forward to further growing our relationship with nbn as it expands its planned FTTC footprint.


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Latest News
     
 

NetComm's keynote presentation at the Ultra-fast Broadband Seminar in the Netherlands

Kanematsu Communications

Director of Technology Strategy, Els Baert, was a keynote presenter at the recent TNO Ultra-fast Broadband Seminar in The Netherlands. Els' keynote presentation explained how telecommunications operators can leverage existing mobile assets to expand coverage and deliver high-speed broadband to a wider market, based on NetComm's leading telecommunications technologies.

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NetComm awarded "Best Telecom Core Network Vendor (highly commended)" at the Commsday Edison Awards

IFWA-600

CEO and Managing Director, Ken Sheridan, accepted the Commsday Edison award in the Best Telecom Core Network Vendor category (highly commended) for our Distribution Point Unit (DPU) and Network Connection Device (NCD). The Communication Day Edison Awards recognise the best-of-breed businesses in the Australian telecom industry.