They have had success in India. They have received substantial orders and started to fulfill those orders. They have agreements in place with Vodafone and Bharti Airtel. They just haven't had the money to fill more of the orders. It's not a great position, but it's not a terrible position to be in. Having gotten orders and having agreements in place with the telcos in India has value. Because of this Cannacord will help them raise the funds for their IPO.
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