TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
NetLinkz Ltd. ( (AU:NET) ) has provided an update.
Netlinkz Limited has officially launched its joint venture, SecureLink, in Manila, aiming to capitalize on the Philippine market by offering bundled connectivity solutions to a broad customer base, including enterprise, government, and residential users. The company is also restructuring its debt and raising capital to support its operations and plans to relist on the ASX, while divesting its China businesses to local management to navigate geopolitical challenges and enhance its market strategy.
More about NetLinkz Ltd.
Netlinkz Limited is a company operating in the cybersecurity and network solutions industry, focusing on providing secure connectivity and data management services. Its primary products include the VSN (Virtual Secure Network) and it has a significant market focus on the ASEAN region, particularly through its joint venture in the Philippines with the Philippine Telegraph & Telephone Company.
Average Trading Volume: 5,230,122
Technical Sentiment Signal: Sell
Current Market Cap: A$11.64M
For a thorough assessment of NET stock, go to TipRanks’ Stock Analysis page.