5BARz International Inc. (fka BARZ)

[Diamond42]

Why BARZ is about to explode north imo......BARZ is connected to Airtel and Vodafone and these 2 companies collectively hold 73% of the market share :)

Samartha Nagabhushanam, 5BARz India, CEO stated, “We are honored to be working with Vodafone India as the first major telecommunications company to commercialize the 5BARz® network extender. We began working with Vodafone at the beginning of this year and have steadily worked through the steps necessary to begin commercial rollout and look forward to a successful, mutually beneficial relationship with Vodafone here in India. We believe the 5BARz® Network Extender will provide an enhanced indoor user experience with mobile devices in network areas that have proven challenging in the past.”

Dr. Gil Amelio, Chairman of 5BARz International stated, “Vodafone is a recognized leader in the global telecommunications industry and having them be the first in the industry to adopt our transformative product is very gratifying. I look forward to what we believe will be a rapidly growing adoption of the 5BARz® Network Extender throughout the global telecommunications industry in the coming months and years.”

India's richest man is rolling out a $20 billion mobile network that could bring lightning-fast Internet to hundreds of millions of people.

http://money.cnn.com/2016/09/06/technology/india-reliance-jio-4g-internet/index.html

This guy is going to want 5Barz network extenders and the patents when all is said and done. He has already backed himself into a corner with his undercutting of the telecom industry when in fact he can only get up to 20% of the current market share.... He will probably end up buying out Airtel, Vodafone and 5Barz when it's all said and done.


"We expect limited impact from Jio on the three incumbents which have a collective market share of 73%," a note from Deutsche Bank's equity research desk said. "We expect Jio to have a 10% rev-share of the mobile market in five years. We expect Bharti to maintain its revenue share and profitability despite Jio's entry."


Guess who Bharti works with.....Yep.....5Barz boys and girls....

Samartha Nagabhushanam, CEO 5BARz India, stated, “We are very excited to be working with Bharti Airtel, India’s leading telecom operator. Encouraged by our previous successes in the field and laboratory trials we are now looking forward to work with Bharti Airtel and roll-out our services pan India in the coming days.”

Read more at:
http://economictimes.indiatimes.com/articleshow/53965063.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst