AT&T take over move signal?, page-4

Just general rumours really. It says Netcomm is good target for international companies. The article is short on substance.

Unless Netcomm is seriously struggling to contain it’s costs, or the offer is crazy high, I can’t see it happening.

The speculation will give the SP a boast though.

........


Signals emerge of a move on wireless company Netcomm
Bridget Carter12:00AM August 2, 2018
With the level of mergers and acquisition activity at a high around the world, dealmakers are looking at all segments of the Australian market for the next transaction.

One company that has loomed on the radar of bankers as a potential takeover target is Netcomm, the Sydney-based fixed-wireless equipment supplier.

The company is a supplier to the NBN and is also expanding its overseas business and could be popping up on the books of major telcos, especially in the US.

Netcomm has a market capitalisation of about $165 million, which means a major overseas player could pick it up for small change.

The stock has endured a volatile ride over the past year, shifting from a peak of $1.64 in August last year to its present level of $1.15.

The company gained 3.1 per cent yesterday and dealmakers say it is becoming increasingly likely that Netcomm is being looked at by overseas rivals.