Viper Networks Announces Strategic Rebranding Effort
Viper Networks (OTCPK: VPER) has announced a comprehensive strategic rebranding initiative, adopting the name 0Wire. The company is restructuring its operations into several specialized divisions: 0Wire Communications for telecommunications, 0Wire Hosting for technology hosting, 0Wire Wholesale for 5G roaming and messaging services, and 0Wire Energy for smart city and renewable energy projects.
The rebranding aligns with the company's 'Everything Wireless Telecom+Energy strategy,' which focuses on five key pillars: Over-the-Top Technologies, Mobility, Fixed Wireless, Smart City, and Renewable Energy Generation. The company reports strong growth in OTT business and leadership in the messaging market. In the last fiscal year, they completed a pilot project deploying 108 smart poles and Apollo smart lights in Colombo, Sri Lanka.
The rebranding process begins with the telecommunications division and is expected to complete at the corporate level within three quarters, alongside the company's financial statement audit.
Viper Networks (OTCPK: VPER) ha annunciato un'iniziativa di rebranding strategico completo, adottando il nome 0Wire. L'azienda sta ristrutturando le sue operazioni in diverse divisioni specializzate: 0Wire Communications per le telecomunicazioni, 0Wire Hosting per l'hosting tecnologico, 0Wire Wholesale per i servizi di roaming e messaggistica 5G, e 0Wire Energy per progetti di smart city e energie rinnovabili.
Il rebranding è in linea con la 'strategia Everything Wireless Telecom+Energy' dell'azienda, che si concentra su cinque pilastri chiave: Tecnologie Over-the-Top, Mobilità, Wireless Fisso, Smart City e Generazione di Energia Rinnovabile. L'azienda riporta una forte crescita nel business OTT e una leadership nel mercato della messaggistica. Nell'ultimo anno fiscale, hanno completato un progetto pilota che ha impiegato 108 pali intelligenti e luci intelligenti Apollo a Colombo, Sri Lanka.
Il processo di rebranding inizia con la divisione telecomunicazioni e si prevede che venga completato a livello aziendale entro tre trimestri, insieme all'audit del bilancio dell'azienda.
Viper Networks (OTCPK: VPER) ha anunciado una iniciativa integral de rebranding estratégico, adoptando el nombre 0Wire. La empresa está reestructurando sus operaciones en varias divisiones especializadas: 0Wire Communications para telecomunicaciones, 0Wire Hosting para hospedaje tecnológico, 0Wire Wholesale para servicios de roaming y mensajería 5G, y 0Wire Energy para proyectos de ciudad inteligente y energía renovable.
El rebranding se alinea con la estrategia 'Everything Wireless Telecom+Energy' de la empresa, que se centra en cinco pilares clave: Tecnologías Over-the-Top, Movilidad, Wireless Fijo, Ciudad Inteligente y Generación de Energía Renovable. La empresa informa de un fuerte crecimiento en el negocio OTT y de un liderazgo en el mercado de mensajería. En el último año fiscal, completaron un proyecto piloto implementando 108 postes inteligentes y luces inteligentes Apollo en Colombo, Sri Lanka.
El proceso de rebranding comienza con la división de telecomunicaciones y se espera que se complete a nivel corporativo en un plazo de tres trimestres, junto con la auditoría del estado financiero de la empresa.
Viper Networks (OTCPK: VPER)는 포괄적인 전략적 리브랜딩 이니셔티브를 발표하며 0Wire라는 이름을 채택했습니다. 회사는 다양한 전문 부문으로 운영을 재구성하고 있습니다: 0Wire Communications는 통신을, 0Wire Hosting는 기술 호스팅을, 0Wire Wholesale는 5G 로밍 및 메시징 서비스를, 그리고 0Wire Energy는 스마트 시티 및 재생 에너지 프로젝트를 담당합니다.
리브랜딩은 회사의 'Everything Wireless Telecom+Energy' 전략과 일치하며, 이는 다섯 가지 주요 기둥에 초점을 맞추고 있습니다: 오버더톱 기술, 이동성, 고정 무선, 스마트 시티, 및 재생 에너지 생성. 회사는 OTT 비즈니스에서 강력한 성장을 보고했으며, 메시징 시장에서의 리더십을 자랑합니다. 지난 회계 연도 동안 그들은 스리랑카 콜롬보에 108개의 스마트 폴과 아폴로 스마트 조명을 설치하는 파일럿 프로젝트를 완료했습니다.
리브랜딩 과정은 통신 부문부터 시작되며, 회사의 재무 상태 감사와 함께 3분기 이내에 회사 차원에서 완료될 것으로 예상됩니다.
Viper Networks (OTCPK: VPER) a annoncé une initiative de rebranding stratégique globale, adoptant le nom 0Wire. L'entreprise restructure ses opérations en plusieurs divisions spécialisées : 0Wire Communications pour les télécommunications, 0Wire Hosting pour l'hébergement technologique, 0Wire Wholesale pour les services de roaming et de messagerie 5G, et 0Wire Energy pour des projets de villes intelligentes et d'énergie renouvelable.
Le rebranding est en ligne avec la stratégie 'Everything Wireless Telecom+Energy' de l'entreprise, qui se concentre sur cinq piliers clés : Technologies Over-the-Top, Mobilité, Wireless Fixe, Ville Intelligente et Production d'Énergie Renouvelable. L'entreprise fait état d'une forte croissance dans le secteur OTT et d'un leadership sur le marché de la messagerie. Au cours de la dernière année fiscale, elle a achevé un projet pilote déployant 108 poteaux intelligents et des lumières intelligentes Apollo à Colombo, au Sri Lanka.
Le processus de rebranding commence par la division des télécommunications et devrait être achevé au niveau corporatif dans les trois trimestres qui viennent, parallèlement à l'audit des états financiers de l'entreprise.
Viper Networks (OTCPK: VPER) hat eine umfassende strategische Rebranding-Initiative angekündigt und den Namen 0Wire übernommen. Das Unternehmen strukturiert seine Abläufe in mehrere spezialisierte Abteilungen um: 0Wire Communications für Telekommunikation, 0Wire Hosting für technologische Hosting-Dienste, 0Wire Wholesale für 5G-Roaming- und Messaging-Dienste sowie 0Wire Energy für Smart-City- und erneuerbare Energieprojekte.
Das Rebranding steht im Einklang mit der 'Everything Wireless Telecom+Energy'-Strategie des Unternehmens, die sich auf fünf zentrale Säulen konzentriert: Over-the-Top-Technologien, Mobilität, Festnetz-Wireless, Smart City und Erzeugung erneuerbarer Energie. Das Unternehmen berichtet von starkem Wachstum im OTT-Geschäft und einer Führungsposition im Messaging-Markt. Im letzten Geschäftsjahr wurde ein Pilotprojekt zur Bereitstellung von 108 Smart-Pfählen und Apollo-Smart-Leuchten in Colombo, Sri Lanka, abgeschlossen.
Der Rebranding-Prozess beginnt mit der Telekommunikationsabteilung und soll innerhalb von drei Quartalen auf Unternehmensebene abgeschlossen werden, zusammen mit der Prüfung des Finanzberichts des Unternehmens.
- Strong growth reported in OTT business segment
- Successful completion of 108 smart poles and Apollo smart lights pilot project in Colombo
- Strategic restructuring into specialized divisions for focused market approach
- Expansion into high-growth areas including 5G roaming and messaging services
- Extended timeline for complete corporate rebranding (up to three quarters)
- Pending regulatory approvals required for certain corporate actions
- Financial audit still in progress
TROY, Mich., Jan. 20, 2025 (GLOBE NEWSWIRE) -- Viper Networks (OTCPK: VPER) announced the beginning of its strategic rebranding effort. Among other corporate actions, Viper and its subsidiaries will adopt the name 0Wire (pronounced “Zero-Wire”). The assets of 1stPoint Communications will be split into two strategic operating companies. The existing entity will be renamed 0Wire Communications and operate the company’s key telecommunications assets in both the United States and the Eastern Caribbean. A new entity, 0Wire Hosting, will operate the company’s technology hosting portfolio. 0Wire Wholesale, a new subsidiary, will refocus the company’s wholesale services on newer and higher growth opportunities such as 5G roaming and messaging, while continuing to develop the wholesale voice market. Additional subsidiaries, operated as 0Wire Energy, will address smart city and renewable energy projects in the United States and Sri Lanka.
“We have undertaken this rebranding effort in order to better align with the company’s Everything Wireless Telecom+Energy strategy,” said Erik Levitt, the company’s CEO. The Everything Wireless strategy consists of five key pillars: Over-the-Top Technologies (“OTT”), Mobility, Fixed Wireless, Smart City and Renewable Energy Generation. “We continue to see very strong growth in our OTT business and there is industry-wide recognition that we are a leader in the messaging market. We will continue to develop these technologies while we shift longer-term investment toward mobility and fixed wireless,” said Levitt.
During the last fiscal year the company completed the deployment of 108 smart poles and Apollo smart lights in the capital city of Sri Lanka, Colombo. The initial deployment was a pilot project for future, larger, and more complex installations. “Management is now evaluating follow-on projects with key constituents in the market,” said Farid Shouekani, the company’s Chairman. “We look forward to growing the recognition of the 0Wire brand as a market leader in smart city deployment,” added Shouekani.
Management elected to begin the rebranding effort with the telecommunications division because of its strategic importance as well as the lack of a need for regulatory approvals. “Due to regulatory requirements, certain corporate actions, such as name changes, can take several months to complete. We hope to complete the process at the corporate level during the next three quarters,” added Levitt. Management anticipates that this process will proceed alongside the company’s audit of its financial statements.
Further information on the rebranding effort will be forthcoming in the company’s annual filings as well as future press releases.
ABOUT VIPER NETWORKS, INC.
Viper Networks is a service provider of telecommunications, smart city and energy generation projects. Our “Everything Wireless” strategy is designed to integrate mobility, fixed wireless, over-the-top (“OTT”) technologies and smart cities into a single platform that can deployed in any market globally. For more information go to www.ViperNetworks.com or follow on X (formerly Twitter) Twitter@vipernetworks.
Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
Media/Investor Relations Contact: SAG Equity Group / 407.444.5959
FAQ
What is the new brand name for Viper Networks (VPER) and its subsidiaries?
What are the five key pillars of VPER's Everything Wireless strategy?
How many smart poles and Apollo smart lights did VPER deploy in Colombo?
What are the new divisions being created under the 0Wire brand?
How long will VPER's corporate rebranding process take to complete?
