1. Most Discussed
  2. Gainers & Losers
NTC $1.23

taking over qtl space?

  1. Check this ann. out, looks like NTC taking over where QTL has been:

    ihug and NetComm offer fully Australian ADSL package

    “Australia’s own NetComm reaches agreement with leading ISP, ihug, on a deal
    projected to be worth more than $1.2 million.”

    NetComm Limited (ASX: NTC), today announced that it has been appointed by ihug as
    exclusive supplier of ADSL modems and routers in Australia.

    The deal is expected to mean
    sales of more than $1.2 million to the Australian data communications company over the next
    18-24 months.

    The deal between the two companies coincides with ihug’s national roll out. ihug ADSL is
    currently available in New South Wales and will be available in Queensland, Victoria, South
    Australia and Northern Territory by April.

    “It’s a big win for Australian tech business,” said David Stewart, MD of NetComm. “NetComm
    is Australia’s leading communications brands, and ihug is one of Australia’s leading ISPs, so
    we are delighted that our two strong brands are working together to deliver NetComm
    products to ihug’s ADSL subscribers,” said David Stewart, MD of NetComm.

    NetComm beat off fierce multinational competition to win the deal with ihug, and in the end
    won on the strength of the NetComm brand, the reliability of its products, and the fact that
    NetComm is an Australian-owned and Australian-focused company with local support and
    development.

    “NetComm has long been recognised as the leading supplier of communications products to
    SMEs and consumers. That and the fact that it is Australian-owned attracted us to its ADSL
    products,” said Gareth Bissland, ihug’s General Manager.
    NetComm has already commenced shipping ADSL products to ihug, and is also providing
    accessories such as ADSL filters and central splitters.

    ihug projects enormous growth in their ADSL offering over the next 1-2 years, so this deal
    means that NetComm is cementing itself as one of Australia’s leading suppliers of ADSL
    equipment.

    For Further Enquiries:
    David Stewart,
    Managing Director
    NetComm Limited
    Ph: 02 9424 2022
    Gareth Bissland
    General Manager
    ihug
    Ph: 02 9324 1500

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top