CORRECTION -- Viper Networks, Inc.
Viper Networks (OTC Pink: VPER) has announced a partnership with local providers to launch a $100 million USD Phase 1 Smart City Project in Sri Lanka. The project will be interconnected with Airtel, Hutch, and Sri Lanka Telecom (SLT) through three separate contracts. This initiative marks the beginning of a larger plan that aims to expand into subsequent phases, potentially reaching a total investment of $500 million USD over the next 4 to 5 years, enhancing the company's position in integrated systems for Smart City solutions.
- Partnership to launch a $100 million USD Smart City Project in Sri Lanka.
- Expansion potential to a $500 million USD project over the next 4 to 5 years.
- Collaboration with established telecom providers enhances credibility in project execution.
- None.
TROY, Mich., May 18, 2021 (GLOBE NEWSWIRE) -- In a release issued today by Viper Networks, Inc. with the headline "Viper Networks and Local Partner Interconnected with Airtel, Hutch and SLT to Launch 100 Million Phase 1 Smart City Project in Sri Lanka," please note that currency was not indicated in the headline or first paragraph. It is USD. The corrected headline and first paragraph follow:
Viper Networks and Local Partner Interconnected with Airtel, Hutch and SLT to Launch
Viper Networks, Inc. (OTC Pink: VPER), (Company), an international leader in the LED lighting products and integrated systems markets for Smart City projects, is pleased to announce partnership with local service provider interconnected to three (3) separate contracts with Sri Lanka Telecom (SLT), Bharti Airtel and Hutch to Launch
Investor/Media Contact: SAG Equity Group at 407.444.5959
FAQ
What is the total investment planned for the Smart City Project by Viper Networks?
Which companies are collaborating with Viper Networks for the Smart City Project?
What is the initial phase investment for the Smart City Project in Sri Lanka?