NetComm Wireless signs new agreement with Nokia

Arrangement increases Nokia's global market access to fixed wireless broadband devices developed by NetComm Wireless

As part of a new agreement with Nokia, NetComm Wireless Limited (ASX: NTC) will supply its fixed wireless devices for Nokia’s FastMile global program that provides operators with broadband internet services in suburban and rural areas.

According to NetComm, the arrangement will increase global market access to its broadband devices and will also enable Nokia to build an ecosystem of partners for Fastmile.

The agreement signifies the next milestone as part of NetComm Wireless’ global fixed wireless growth strategy that based on external research, shows the total addressable market to be valued at US$80 billion.