Just further regaridng the rumour of discussions between NWT and Telstras
Telstra have announced an arrangement for the supply of communications equipment using the Iridium Satellite network using BEAM. Does not effect NWT.
but maybe the discussions between Telstra and NWT related to either similar or alternative satellite products.
Could be good news or bad or totally irrelevant, not sure
This shows that Telstra if they do choose to go down the path will do a deal with companies.
Here is what BEAM do for your information:
The Beam subsidiary was established in late 2002, making a substantial investment in the development and manufacturing of Remote Satellite Communications solutions for the global telecommunications market. Beam became the first company to design and manufacture a fully compliant POTS (Plain Old Telephone Service) emulation system for the Iridium Satellite network. Now one of the leading global manufacturers of Iridium-based satellite communications equipment, Beam offers the widest range of Iridium solutions across all market segments, and is particularly focused on the exploitation of the newly released Iridium data module targeted at asset tracking and other applications. Beam prides itself on its ability to develop broad market applications as well as specific dedicated products and solutions.
NWT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held