This is an extract from thier last announcement:
NewSat satellite through its partners, CalibreNet, has been exciting in proving that mobile business operations
Go to the Calibrenet website and you will see it focuses on the bush. here is their home page extract:
Welcome to CalibreNet, providers of:
Broadband for the bush - high speed two-way satellite internet connection to customers anywhere in Australia. Satellite dish available for fixed location, or mobile. Provided in conjunction with HiBIS funding, where relevant.
Broadband phone (VoIP) - telephone access using the internet via broadband. Available via ADSL, cable or satellite.
engin Voice Box - popular choice for broadband phone (VoIP) connection of small business or personal users.
You may think what is positive about this.
As you will be aware Aust. governemnt is providing $1.1billion in funding through Broadband Connect to provide broadband to the bush.
While Telstra and Optus and AusAlliance are front runners recieving all the press, there are smaller outfits that are also bididng.
There is no way that Telstra or optus or AusAlliance will get a monoploy position. The money will be spread around.
Given the strategic partnerships being developed and in place, Broadband connect will provide significant revenues for Newsat through these partners.
The other advantage is the 4G technology. Why develop something which is available so Newsat has got product now, developing new product and just waiting for announcements.
For all those persons out there buy or sell is your decisison DYOR
if you are unable to afford, get out and sell
For the holders, it is and will be a frustrating waiting game.
good luck to us all
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