Viper Networks Inc (VPER)

[longvper]

Pity that it is not the same Globalcom, however good news if they can succeed in India to that extent, Viper has a great opportunity internationally.

Regarding your calculation for market size, you are right regarding India, however Viper is targeting the 50 million international expatriates per the following news release.

It has been over a month since the last news release, and they said they would give us an update in Sept., so hopefully we should hear something positive soon.


http://www.marketwire.com/press-release/Viper-Networks-VPER-President-and-CEO-Issues-Shareholder-Letter-1137114.htm

Our primary focus in 2009 and most exciting project with the biggest projected impact on earnings is our BSNL/India Calling Card division. In March of 2009, the Company signed a 5-year Joint Venture Agreement with Cirilium India Pvt. Ltd. for the exclusive franchise rights with BHARAT SANCHAR NIGAM LIMITED ("BSNL," a Government of India Enterprise) for pre-paid international calling cards for retail inbound international traffic. This Joint Venture will target the roughly 50,000,000 Indian expatriates and a floating population of Indian tourists outside India. This card will enable users to call from any landline, mobile, PC or any VoIP enabled device from countries where it is proposed to be launched in the world. The card will be available both in India and outside India. Viper is partnering with Cirilium India Pvt. Ltd. to own and operate this license, offering a full spectrum of national and international telecom services, including: VoIP, Calling Cards and Pinless Accounts. To meet projected revenue and ramp sales as quickly and efficiently as possible, Viper has targeted some of the largest telecommunications providers for various sales, distribution and carrier agreements for the approved countries.