The key quote from the briefing for me was "coverage of wireless...

First 3 Last

Share
Profile

Follow
Tr33top

123 Posts.

13/11/14

07:31

Post #: 14281031
Share

Originally posted by homeytheclown ↑

http://www.media-server.com/m/p/7cjybdgs/r/1

If you interested in the smart meter rollout, I would recommend listening to Ausnet's half year results webcast date 12-Nov-14 (from 27 minute mark). It discusses the smart meter (AMI) remediation plan for the 300,000 meters not able to connect to the WiMAX network. Slide 27 indicates the possibility of another network technology other than 3G (and WiMAX). It was interesting that the presenter did not name the alternate technology. Whilst the presentation indicates vendor negotiations are still in progress, the capex budget for second half of FY15 already includes $37M for AMI remediation.
So is an alternative to 3G really an option? I don't know the location of 300,000 meters that are not connected to the network but I can't see Ausnet using mesh or PLC solution, they don't have the time to test it and they can't afford another failure.

I would assume a decision will be made soon A) if they wish to complete the remediation program by Dec 2016 and B) If they have budgeted for some of the expense.

NTC could be announcing this contract extension in time for Xmas. To put it into a financial perspective, the contract should be worth approximately $30M, but maybe at a lower gross margin.

Expand

The key quote from the briefing for me was "coverage of wireless network (Wimax) was less than originally planned (well known).....and that it is uneconomic to extend this network when compared to the cost of 3G and other communication technologies"

He therefore singled out 3G as being a cost effective measure.....maybe a bit of jawboning to make sure they get the best deal out of using 3G Telstra's network?

Positive for NTC....at worse they will pick up some additional volumes of the infill....at best they get the 300k?

agree Homey?

NTC Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

ASX Market Open: After worst day in 3 months, bourse could only really bounce back | July 22

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

The key quote from the briefing for me was "coverage of wireless...

Top Stories

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

ASX Market Open: After worst day in 3 months, bourse could only really bounce back | July 22

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

Featured News