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22/02/19
22:10
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This may need to be looked at closely by the Australian government, especially if CASA China will be providing NBN Co with 5G product from their Chinese manufacturing operations.
CASA Systems main principals:
Guo Jerry,
Chen Weidong,
Xie Lucy.
CASA’s response to President Trump's tariff pain on the import of Chinese goods.
https://www.multichannel.com/news/casa-reports-q3-earnings
The AFP, ASIO, and the Australian government ministers who banned Huawei from Australian 5G might just take a good close look at this.
CASA China manufactures their components, as far as I can deduce, and is inferred by the previous article.
CASA holds a number of big contracts with Chinese government authorities.
Interesting that in 2019, the three main executives of CASA have been disposing of stock.
And here are the Total payments and remunerations to CASA key executives for 2016 and 2017 in USD (millions).
I wonder what the payments have been in 2018?
Summit Partners LLP owns around 41% of CASA.
Summit Partners LLP is a Venture Capital and Private Equity Investment firm, according to Bloomberg.
Summit Partners LLP put nearly $100 million USD into funding for CASA, and since then have possibly added more.
https://www.summitpartners.com/
https://www.nasdaq.com/symbol/casa/ownership-summary
https://www.marketscreener.com/CASA-SYSTEMS-INC-39004927/company/
http://quote.morningstar.ca/Quickta....aspx?t=CASA&region=USA&culture=en-US
(More research to do on this yet).
Gw