18 August 2011 (Sydney): Following Ericsson’s appointment by NBN Co to build and operate its 1.1 billion dollar fixed-wireless broadband network, NetComm Limited (ASX: NTC) has been selected by Ericsson (NASDAQ: ERIC) to provide advanced fixed-wireless devices needed to connect rural and regional Australian households and businesses to the 2.3GHz fixed-wireless LTE broadband network.
NBN Co has an objective to make high-speed broadband available to any Australian regardless of where they live, with the final 7 per cent of premises in areas of low population density to be reached by wireless or satellite.
David Stewart, NetComm's Managing Director, says "NetComm will provide fixed-wireless LTE devices to connect premises to the NBN Co’s LTE broadband network with a three year window to complete, commencing from mid 2012.”
"The leading 4G technology, LTE, has a global momentum and its innovative ecosystem is expanding rapidly. Thanks to this local collaboration, we are able to facilitate the efficient delivery of LTE-based broadband services to homes and businesses that are usually disadvantaged because of their remote location," said Sam Saba, head of Ericsson in Australia.
"We are pleased to be working with Ericsson on this landmark project. This collaboration reflects NetComm's firm commitment to working with world class network providers. The deal is expected to have a significant impact on NetComm's revenue from 2013 to 2015 financial years," said Mr Stewart.
NetComm is at the forefront of wireless broadband technology and is strategically aligned with the evolution of telecommunications networks worldwide. Following this year's launch of one of the world's first wireless LTE Routers at the Mobile World Congress in Barcelona, the company has strengthened its commitment to the development of innovative LTE and fibre access devices, including the devices for Ericsson and NBN Co.
NetComm media enquiries:
David Stewart, NetComm Managing Director
Phone: +61 (0)411 425 073 or email: [email protected]
Stephanie Wilson, NetComm Communications Manager
Phone: +61 2 (0)450 391 792 or email: [email protected]
About NetComm Limited
NetComm Limited (ASX: NTC) is a leading developer of innovative broadband products for telecommunications carriers and ISPs worldwide. Specialising in fixed and mobile broadband technologies, NetComm designs and produces products that are customized for world-leading carrier networks to successfully deliver the performance requirements of home, business and industrial applications. For 29 years NetComm has developed a solid portfolio of data communication products, including world first broadband HSPA+ and LTE routers, and is today arespected global providerof HSPA+, LTE, machine-to-machine (M2M) wireless and fibre access devices. Headquartered in Sydney, Australia, NetComm has offices in New Zealand, North America and the Middle East. For more information about NetComm visit: www.netcomm.com.au