Not sure what it actually means......
Actually, I have no idea what it all means
...but it sure sounds impressive!!!!
Onwards to 3.7c!!!!!
ASX ANNOUNCEMENT 20 August 2004
UPDATE
As advised on 5 July 2004, the Company handed over the fixed wireless telecommunications
network on Langkawi Island following the successful completion of the Acceptance Test
Procedures (“ATP’s”) that were carried out by Cape Range Wireless Malaysia and Sapura and
verified by Telekom Malaysia Berhad.
Since that time, the technical division of Telekom has reviewed the 600+ page report and, this
week, has passed it over to Commercial and contract management division of Telekom to
complete commercial documentation. This documentation, when completed, will result in the
Cape Range equipment being available not only for the existing RM42 million contract between
Sapura and Telekom Malaysia but also for deployment throughout Malaysia on an ad Hoc basis.
While awaiting this final documentation Telekom Malaysia has agreed to give the Company
access to its personnel and to the facilities on Langkawi so that Cape Range can demonstrate
capability and operability of its system to potential customers from Thailand, Indonesia and
other neighboring countries. These demonstrations are scheduled to commence next week.
The ability to demonstrate our equipment operating on the Telekom Malaysia network in
Langkawi will enable the Company to by-pass repetition of the exhaustive testing programme.
Cape Range Wireless will commence deployment directly into live networks in Thailand to
operate with switching networks following the visit.
In Malaysia, the Company’s equipment now meets the requirements of wireless communications
equipment specified under the RM900 million Universal Service Provision Fund, of which
RM400 million has already been allocated and is not currently utilised. The Company has also
been advised that in Peninsular Malaysia our equipment is applicable to sites with currently
allocated USP funds in the Malaysian states of Kedah, Kelantan, Trengganu, Pahang. The
Company is advanced in its negotiations to supply equipment funded from this facility.
In order to strengthen the Company’s sales activities, it has recently appointed outside sales and
marketing organisations to pursue major contracts in Malaysia and in South Africa. The projects
that these two groups have brought to the Company are major opportunities and the bidding
process is well advanced. The Company will be signing agreements with other organizations, and
be appointing further integrators in the coming weeks.
Yours faithfully
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Mkt cap ! $16.60M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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View Market Depth
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1 | 9500 | 0.155 |
1 | 24965 | 0.140 |
1 | 10000 | 0.105 |
2 | 20000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 5128 | 1 |
0.200 | 25000 | 2 |
0.210 | 20000 | 1 |
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