@londoner.jim The first bullet point was made as a finding in your report to Exetel i guessing? Do you think if WGL mgmt had contested it at that time that they would have beaten reclassification as a carrier and their need to comply as such?
(Australian market update - May 2016)
Due to the advanced nature of Wangle’s technology, and its partnership with data centre operator Equinix Inc., Australian authorities have now classified Wangle as a carriage service provider, and as such, it is subject to telecommunications interception laws and the recent data retention legislation.
As such, Wangle’s platform is undergoing additional hardware alterations and reprogramming to meet the latest regulatory requirements and is in the process of applying to the Australian Communications and Media Authority (ACMA) and Communications Access Coordinator (CAC) for exemptions to commence the commercialisation of its software.
Under the new data retention laws, companies deemed to be carriage service providers are required to retain metadata of users on their platforms for 24 months.
Wangle’s software will now have the necessary protocols in place to allow authorised government agencies to gain access to metadata, if required under the legislation.
I was a holder at that time and would have like them to go to court on the issue even though i know i wouldn't have wanted them to tie up their time on a legal mess. Not favouring mgmt as i have commented on their ineptitude before, but this was not an easy issue to overcome as shareholders were already losing patience from the previous holiday delay, and mgmt must have decided it was easier to try to recode to comply? Then they ran into a new mess with Apple and the metadata retention. If they can pull this off, they will have certainly earnt a new level of respect. Watching closely.
