From GlobeNewswire: 2025-05-28 09:00:00

Viper Networks (OTCPK: VPER) saw strong organic growth in Q1 2025, with revenues reaching $1.307 million and positive EBITDA of $46,565. Over-the-Top revenues grew due to the acquisition of 0Wire Communications, leading to a 41% quarterly growth in the telecommunications business since November 2024.

Operating losses decreased to $42,570 in Q1 2025, primarily due to non-cash expenses related to the acquisition of the telecommunications business unit. Viper Networks’ CEO, Erik Levitt, highlighted the development of the company’s mobile business, with plans to launch operations in the Eastern Caribbean and address cross-border communication needs.

Viper Networks made progress in its smart city and energy generation initiatives in the US and Sri Lanka. Chairman Farid Shouekani mentioned plans to deploy projects in both countries as final designs and permits are secured. The company completed its evaluation of acquired entities and filed revised financial statements.

Viper Networks is a telecommunications service provider focused on smart city and energy generation projects. With an “Everything Wireless Telecom+Energy” strategy, the company aims to integrate various technologies into a single platform for global deployment. Forward-looking statements caution investors about potential risks and uncertainties in the competitive market.



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