Viper Networks Announces Closing of Acquisition of 1stPoint Communications and Endstream Communications
VIPER NETWORKS INC (VPER)
NASDAQ:AMEX Investor Relations:
vipernetworks.com
Company Research
Source: GlobeNewswire
TROY, Mich., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Viper Networks (OTCPK: VPER) announced today that it has closed on the acquisition of Endstream Communications, LLC, 1stPoint Communications, LLC, and all of 1stPoint’s subsidiaries effective November 1, 2024. 1stPoint Communications and its subsidiaries possess a commercial mobile radio services (CMRS) license in the United States and several competitive local exchange carrier (CLEC) licenses. The majority of its revenues today are derived from its messaging, hosted voice and carrier and web hosting services with some revenues being derived from fixed wireless services. Endstream Communications is a wholesale voice operator with a substantial number of customer and supplier Voice-over-IP (“VOIP”) interconnections. The majority of its revenues are generated by its domestic US operations. “Viper will recognize revenues from the acquired subsidiaries in November and December of its fourth quarter of 2024, and will recognize the full re
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