Etherstack signs US$20m+ deal with AT&T

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Etherstack (ASX:ESK) CEO and Executive Director David Deacon discusses the company’s landmark contract with AT&T, the world’s largest telecommunications provider. The deal involves supplying Etherstack’s InterWorking Function software to AT&T’s FirstNet program—a multi-billion-dollar US government initiative transitioning public safety communications from traditional radio systems to 4G and 5G networks. The agreement guarantees a minimum of US$2.5 million per year, with potential for significant upside as subscriber numbers grow and new products are introduced.

David describes the partnership as a major validation of Etherstack’s technology, following years of strategic relationship-building and successful pilots with global operators such as Samsung and Telstra. Beyond its financial impact, the deal positions Etherstack as a leader in bridging legacy and next-generation mission-critical communications.

With similar public safety network upgrades underway worldwide, David sees strong opportunities for further growth and market expansion in the coming decade.

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Source: Finance News Network