Mr Brendon Lau, a NewSat investor, said that what will happen this month will either send stock price soaring or spiralling down given the huge amount of loans at stake.
NewSat of Australia will join SATCOM Africa conference and exhibit. One of the most awaited conferences for the regional satellite communications industry, the event is a collaboration among Telecoms World Africa, Submarine Networks World Africa and The TV Show Africa.
In an interview following the recently held ASX conference, NewSat CEO Adrian Ballintine said that funding has been keeping his satellite communications firm busy for the past three months.
NewSat CEO Adrian Ballintine was upset that NBN never consulted his company on matters relating to the government's satellite broadband development project.
Proactive Communications CEO Marc Legare graced the 2012 NewSat Satellite Seminar where he discussed the growth opportunities for Australia's teleport and satellite industry.