I hope Wonder Woman can translate these many and exciting sounding announcements into revenue & profit. I don't want to sound everly negative but the last 2 quarters for Freshtel have only resulted in $900,000 & $933,000 respectively.
This revenue was on the back of the QMC Call Centre, University Students VOIP deal, Tesco Wifi Voip & Tesco White Label announcements. All of these announcements should have made significant contributions to the last 2 quarters revenue but apparently did not according to the revenue figures released to date in the FY08 Annual and more recent FY09 Q1 4C.
Freshtel recently announced that the Pakistan Telecom deal was now live so maybe the current quarters revenue will increase. One would hope so, you can only expect the market to react positively to frequent fluffy & positive annoucements for so long without a revenue and profit increase.
I do not expect that the recently announced AsiaStar MOU will kick off for a few months yet but surely Pakistan Telecom should now be contributing to revenue according to Freshtel recent announcement?
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