InvestorsHub Logo
Followers 0
Posts 278
Boards Moderated 0
Alias Born 04/25/2017

Re: zerosum post# 2027

Friday, 01/05/2018 5:09:18 PM

Friday, January 05, 2018 5:09:18 PM

Post# of 2830
I read about India Telco technology from several different sources everyday and they are moving forward at a good clip. I don't hear anywhere about the need for Barz Extender technology. I used to hear that dropped calls were a problem but that is getting much better. I used to hear about poor reception problems but I don't hear much about that anymore cause the telcos are connecting vast areas with towers and massive mimo.
I was excited and so were all of you when I heard about the ROVR selling 5 million units. I know that it is structured for the IoT growth but if it is this great top of the line product than why can't they get it manufactured and delivered. The deal obviously was not "inked" with a telco because if it was we would have heard from the telco and/ or we would have heard about it being delivered.
****************************
 
5BARz India Private Limited, has rolled out its first set of Rovr Wi-Fi routers in the households of Pune, India. The deployment in Pune is a part of 5BARz exclusive contract with an Internet Service Provider (ISP) to connect a minimum of 5 million Indian homes to the internet over the next five years.

Through this initial roll out 5BARz has marked its entry to the wireless router business. In the coming months, 5BARz plans to deploy Rovr routers in major metropolitan cities and satellite towns throughout India. 

*****************************

This ROVR deal sounds all good and dandy but I haven't heard a peep from Kayne's, 5Barz or a Telco and this was announced last March.
Maybe Barz has been secretly building the first million of them and they? were deployed last month...lol

Maybe Gil went to India to meet with the buyers from Vodafone, Idea and Airtel to ink a combined total of 5 million units per year deal over the next 10 years.
Maybe Gil is gonna surprise us all and Barz will be speculating grossing $400 million/year "on paper"...but we are sorry folks, we don't have the money to manufacture these thingamobobers.

Wow!


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.