On the timing issue it seems that approx. one month since the...

On the timing issue it seems that approx. one month since the Fin. Rev. article would be enough time for TEE and Telstra to have worked out the details of the contract and should be close to signing. JMHO.

Copy of my post on OZestock.

Trying to project the timing of the BEAM / Telstra contract from the FIN. Rev. article it would seem that we should be close to an announcement of the signed contract. Best guess let's say 7- days??? JMBG. See portion of Fin. Rev. article below.

Between the $700,000 contract with Horizon Comm., which will upstream the BEAM devices to the Thoresen Group ( one of the largest shipping group in Southeast Asia, see their website http://www.thoresen.com/default.asp ) and good potential for more orders and the to be announced contracts with Telstra it would seem that TEE should be in line for a rerateing and an up tick in the share price just based on the above fundamentals.

Not to mention the EU vs. the USA on GPS (See my prior post on the EU maritime communications regulations). We could see some potential new business from the EU maritime shipping groups like we did with the Horizon Comm. / Thoresen Shipping Group. That was a $700,00 order. JMHO.

Please do your research and this worth what you paid for it $0.00.
R/Brantley

TEE article from the FIN Review...
Cheap satellite phones for bush

Author: Katrina Nicholas
Date: 24/09/2003 22:13:00
Words: 487
Publication: Financial Review
Section: Companies
Page: 17
Source: AFRBreaking

Telstra's effort to lift its game in the bush, hoping to please politicians and smooth
the road to full privatisation, is gathering pace.

It is understood to be close to signing a deal with fellow listed company Tele-IP that will see solar-powered phones using satellite technology installed in rural Australia.

It is understood Telstra is close to ordering 200 of the phones, which look and work like normal telephones but use Iridium's 66-strong satellite network.

Telstra has been testing the phones in its Melbourne research laboratories for some
time.

The equipment will most likely be provided temporarily to customers in remote areas while a fixed line is installed or the phones will be deployed for use in
emergencies like floods, fires or other natural disasters.

Telstra has also been approached by Queensland and other state governments to put the phones at regular intervals on remote highways, similar to the emergency
blue phones on metropolitan highways.

Although Telstra already provides mobile handsets that use Iridium's satellite network to people in remote areas, the new phones can be provided by the carrier
cheaper and quicker.

"The benefit to us is that it's a significantly lower cost in terms of both the terminal and airtime cost plus we can deploy the phones more flexibly and much quicker,"
Telstra Country Wide manager satellite products Bob Hinrichs said.

"And the benefit for customers is that the phones can be built into a fixed place, either on a boat or in a car," Mr Hinrichs said.//