Viper Networks Provides Update on the Acquisition of the Telecommunications Assets of Hammer Fiber Optic Holdings Corp
VIPER NETWORKS INC (VPER)
NASDAQ:AMEX Investor Relations:
vipernetworks.com
Company Research
Source: GlobeNewswire
TROY, Mich., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Viper Networks (OTCPK: VPER) has applied for the necessary regulatory approvals from the Federal Communications Commission and various state authorities in order to complete the acquisition of the telecommunications assets of Hammer Fiber Optics Holdings Corp. The acquisition includes Endstream Communications, LLC and 1stPoint Communications, LLC and all of its subsidiaries. The closing date is anticipated to be in the fourth quarter of this year, subject to obtaining regulatory approval. “We are very pleased with the progress we are making toward closing the acquisition,” said Erik Levitt, CEO of 1stPoint Communications and Endstream Communications. “We anticipate being able to complete the process in the timeframes originally contemplated by management and Viper’s Board of Directors.” With the acquisitions Viper will adopt a new corporate strategy: “Everything Wireless.” This strategy will now include five pillars: smart city, mobi
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