BCC 0.00% 14.5¢ beam communications holdings limited

Telstra approves Beam’s 4G IoT router ahead of 3G shutdown

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    • Beam Communication's 4G IoT router has been given a tick of approval by telecom mogul Telstra
    • The Telstra sign-off is a key achievement for Beam as it gives users and distributors confidence the product is suited to Telstra's national network
    • Its MG400 product is meant to be 30 per cent faster than older generations
    • Conveniently, this approval comes ahead of the Australia-wide shutdown of Telstra's 3G network, meaning over 1 million routers will need replacing in the next five years
    • Beam Communications has soared 27.5 per cent today, with shares trading for 25.5 cents each

    Click here for the entire article on The Market Herald
 
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