Behind NetComm’s rocky ride

The provider of M2M products must win more contracts to justify current share price levels and realise its impressive earnings potential.

NetComm Wireless (NTC) has achieved early success in transitioning away from consumer-based communication technologies towards the machine-to-machine (M2M) market. Evidence of this success can be seen from the supply contract with Vodafone, as well as the wireless roll-out for the NBN through Ericsson, and its smart meter contract with SP Ausnet.

Much of NTC’s 32 years has been spent selling industry leading data communication or traditional fixed broadband devices through the wireless evolution.

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