NOR 0.00% 4.4¢ norwood systems limited

Ann: Half Yearly Report and Accounts, page-95

  1. 7,323 Posts.
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    Yep; the backflip is complete from this position 13 months ago:
    "This revolution is in its infancy and the company should be congratulated with the professional execution of this new technology . Other telecommunication companies will be watching this quick , precise and professional roll out"

    https://hotcopper.com.au/posts/43299444/single

    So if telcos were watching they would have seen 1 of 2 outcomes:
    1. There is little appetite for a VM app; even when free based on under 5% penetration rate

    or

    2. The project roll-out is cumbersome

    This would explain why there hasn't been a 2nd telco despite @Doz offering this gem from the same post:
    "The company’s next telecommunication signing is imminent , the company has advised us its “ in the near future “ . The second telco signing will confirm the attractiveness of Norwood’s offering and set the company on its trajectory as a major telecommunication supplier of voicemail services worldwide "
 
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