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NetComm Wireless to Supply Distribution Point Units (DPU) for nbn’s Fibre-to-the-Curb project

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SYDNEY /PRNewswire/ — NetComm Wireless Limited (ASX: NTC) is pleased to announce that it has signed a Master Equipment and Services Supply Agreement with nbn, (the company rolling out Australia’s national broadband network) for the supply of Distribution Point Units (DPUs) and related services, with the likely commencement of supply during FY2018.

NetComm Wireless will supply nbn with 1-port and 4-port DPUs that have been specifically designed for the nbn Fibre-to-the-Curb (FTTC) project. They will be installed in the telecommunications pits outside premises to connect fibre to the household’s existing copper lines. This then allows nbn to remotely activate the service on request, offering convenience, speed and value.

Whilst no particular unit volumes are contained in the Agreement we are of the view that this will be a material contract to NetComm Wireless, and will have a material impact on the Company’s revenue in the coming financial years.

Peter Ryan, Chief Network Engineering Officer at nbn said:

“nbn is delighted to bring NetComm Wireless on board as our technology partner in making Fibre-to-the-Curb (FTTC) technology part of the nbn™ network.

“We have tested FTTC over the last year and we’re confident we can now deploy the technology in areas where it makes better sense from a customer experience, deployment efficiency and cost perspective.

“Delivering FTTC will not only allow us to deliver speeds of up to 100/40Mbps using VDSL but will also allow us to offer even faster speeds in the future with some of the new technologies that are becoming available.

“nbn has a flexible and technology-agnostic approach to deploying the nbn™ network and we are confident that when we launch FTTC services we will deliver a great experience for end-users.”

David Stewart, NetComm Wireless CEO and Managing Director said:

“The nbn™ is an important national initiative and we are proud to be connecting Australians with our innovative technology. Our team specifically developed this FTTdp solution to help build out the nbn™ network in a faster more cost effective way. What’s exciting is that our solution for FTTdp has broader, global applications that will open up additional partnership prospects offshore, as we have done with NetComm Wireless’ fixed wireless solution.

“We have successfully bolstered our engineering talent and infrastructure to manage growth and pursue quality partnerships and contract opportunities. Winning this significant contract demonstrates we have a strong track record, solid capabilities and the scale to deliver.”

About nbn

nbn was established in 2009 to design, build and operate Australia’s new high-speed broadband network. Underpinned by a purpose to connect Australia and bridge the digital divide, nbn’s key objective is to ensure all Australians have access to fast broadband as soon as possible, at affordable prices, and at least cost. To achieve this objective, nbn has been structured as a wholesale-only, open access broadband network available on equivalent terms to all access seekers. This is intended to level the playing field in Australian telecommunications, creating real and vibrant competition within the industry. nbn is a Government Business Enterprise (GBE) incorporated under the Corporations Act 2001 and pursuant to the PGPA Act.

About NetComm Wireless

NetComm Wireless Limited (ASX: NTC) is a leading developer of Fixed Wireless broadband, wireless Machine-to-Machine (M2M)/Industrial IoT and Fibre and Cable to the distribution point (FTTdp / CTTdp) technologies that underpin an increasingly connected world. Employing our Listen. Innovate. Solve. approach, we provide solutions for the unique requirements of leading telecommunications carriers, core network providers, system integrators, government and enterprise customers worldwide. For over 35 years, NetComm Wireless has engineered new generations of world first data communication products and is now a globally recognised communications technology innovator. Headquartered in Sydney (Australia), NetComm Wireless has offices in the US, Europe/UK, New Zealand and Japan. For more information, visit http://www.netcommwireless.com.

Note to editors:

Read nbn’s media statement:

http://www.netcommwireless.com/nbn-announces-equipment-supplier-new-fibre-curb-technology

David Stewart, NetComm Wireless CEO and Managing Director, is available for interview.

Logo – http://photos.prnasia.com/prnh/20150324/8521501794LOGO

Source: NetComm Wireless Limited
Related stocks: Australia:NTC OTC-BB:NCLZF OTC-BB:NCLZF.OB OTC-PINK:NCLZF
Related Links:
http://www.netcommwireless.com

Written by asiafreshnews

November 23, 2016 at 12:25 pm

Posted in Uncategorized

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