AI assistant
TELSTRA GROUP LIMITED — Capital/Financing Update 2008
May 29, 2008
65927_rns_2008-05-29_ba7dd286-ef85-4c77-969e-a4214a11ac76.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [106 x 40] intentionally omitted <==
NetComm Limited A.C.N. 002 490 486 2-6 Orion Road, Lane Cove NSW 2066 Australia Web site: www.netcomm.com.au Tel: 61 2 9424 2000 Fax: 61 2 9427 9260
NetComm Supplies Broadband Equipment to Telstra Corporation
SYDNEY, 30 May 2008:
NetComm Limited has announced that it has received the first orders from Telstra in relation to the Product Supply Agreement announced on 7 May 2008.
Orders to the value of approximately AUD10.5 Million have been received for delivery of products in July and August 2008.
These initial orders are to fulfil the channel pipeline, subsequent orders will be of a size appropriate for the product acceptance run rate.
NetComm Limited anticipates the Telstra business will have a significant positive effect on the company’s future revenues.
For further information, please contact:
David Stewart Managing Director NetComm Limited
T: 02 9424 2000 E: [email protected]