We present a timed broadcast process calculus for wireless networks at the MAC-sublayer where time-dependent communications are exposed to collisions. We define a reduction semantics for our calculus which leads to a contextual equivalence for comparing the external behaviour of wireless networks. Further, we construct an extensional LTS (labelled transition system) which models the activities of stations that can be directly observed by the external environment. Standard bisimulations in this novel LTS provide a sound proof method for proving that two systems are contextually equivalent. In addition, the main contribution of the paper is that our proof technique is also complete for a large class of systems.