Well, just starting to get up a bit of momentum, and that announcement took the wind out of our sails.
We're probably fortunate it's happened now, rather than later when we have thousands of installs, and a lot of revenue at risk. Wasn't all bad news though.
"Furthermore we can confirm that our business development efforts in India continue with ongoing discussions being held with other larger Telcos. "
Larger Indian Telcos ... I wonder who that could be ...
So there's only five that are bigger than Aircel ... better make that four .,. following the recent merger between Vodafone and Idea.
Say, doesn't our management have some history and contacts with Vodafone?
FZO Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held