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Ann: Wangle Suspension Update, page-74

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maglor

474 Posts.

24/12/16

12:08

Post #: 21549173
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Originally posted by Michaeljob ↑

We may be soon be the only VPN in Australia that is compliant with Australian law, that may give Wangle something of a kick. That said my understanding is that the core advantage of the Wangle technology is in compression and therefore speed of data transfer, if this is the case do we not find that our competition is less other VPN offerings and more telcos and infrastructure providers such as Optus and Telstra?

If 1.50 does as expected and speeds up downloads with data savings of 30-50% without adversely affecting performance then there will be no issues in attracting customers both locally and internationally. It's still an if at this stage but if successful Wangle will have basically every Australian telco knocking at the door looking for the white label version, whoever can deliver these results will be a very big deal with a very lucrative future.

From speaking with Cam the other day I get the impression that Wangle will be worth the wait.

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Competition can't be telstra or optus, they can be interested parties in our technology. But we cannot replace them as we rely on their infrastructure for ours to work.

WGL Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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