NetComm Wireless Ltd (ASX:NTC)

Company's Profile

NetComm Wireless Limited develops and sells broadband equipment for telecommunications carriers, core network providers, system integrators, and government and enterprise customers in Australia and internationally. The company operates in two segments, Telecommunications Infrastructure Equipment & IIoT Business and Broadband Business. The Telecommunications Infrastructure Equipment & IIoT segment develops fixed wireless broadband, wireless machine-to-machine (M2M)/industrial Internet of Things (IoT), and fiber and cable to the distribution FTTdp/CTTdp point technologies; and offers network terminating devices designed to advance global network performance, extend coverage, and meet the demands of M2M/industrial IoT and broadband markets. The Broadband Business segment supplies communication devices, such as entry level gateways; and high-performance devices that support triple play services covering high-speed data transmission, multi HD/4K IPTV, and over-the-top video streaming, as well as VoIP phone calls. This segment’s products combine Wi-Fi with wired networking and powerline options to amplify connection to various devices throughout homes and offices. The company was formerly known as NetComm Limited and changed its name to NetComm Wireless Limited in December 2011. NetComm Wireless Limited was founded in 1982 and is headquartered in Sydney, Australia. As of July 1, 2019, NetComm Wireless Limited operates as a subsidiary of Casa Systems, Inc.