NetComm Wireless acting chief executive Ken Sheridan has moved into the top post permanently as the telecommunications hardware manufacturer announced its financials for the first half of FY 2017, reporting a loss of $1.7 million.
NBN Co, the company building Australia's national broadband network, has placed a $28 million order with NetComm Wireless for the supply of distribution point units.
After 20 years with NetComm Wireless, David Stewart is to step down as chief executive and managing director on 23 December.
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