Etherstack Signs Nokia MCX IWF Agreement
Sydney, Aug 26, 2022 AEST (ABN Newswire) - Etherstack Plc (
ASX:ESK) is pleased to announce its UK subsidiary, Etherstack Wireless Limited, has entered into a contract with Nokia Solutions and Networks Australia Pty Limited, to supply professional services and a pilot license for the deployment of Etherstack's MCX LMR-IWF product.
The contract revenue of approximately AUD$755,000 is expected to be recognised this FY 2022 (31 Dec yearend).
Etherstack CEO, David Deacon said, "It is obvious that Etherstack has first mover advantage in the provision of 3GPP standards based LMR-IWF technology in key markets around the globe.
We will keep pushing hard in the near term to cement our position as the leading supplier of this technology as public safety agencies transition from traditional digital radio networks to MCX-based solutions over 4G and 5G networks".
About Etherstack Plc
Etherstack (ASX:ESK) is the world's leading licensor of wireless technologies for the digital LMR industry and the Company develops wireless products for the main digital radio communications standards known as APCO P25, TETRA and DMR. Over the past 25 years, over twenty wireless equipment manufacturers have licensed LMR technologies from Etherstack for use in their products.
MCPTT over LTE is an emerging cellular standard that provides public safety grade PTT (Push-To-Talk) solutions within 4G and 5G cellular networks. Demand for MCPTT services and equipment by telecommunications carriers and end user agencies has been steadily growing in the past few years and is expected to rise rapidly over the next 36-48 months.
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