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Vesper
An SI Board Since November 2001
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Emcee:  Jon Koplik Type:  Unmoderated
Vesper is a Brazilian telecommunications company.

In trying to "dig up" some coherent explanation of just what exactly Vesper is ... I have been amazed how little readily available information is "out there."

Qualcomm and VeloCom are both heavily involved with Vesper. (And, Qualcomm is a part owner of VeloCom).

From a 1/10/01 news release :

"Denver-based VeloCom is a provider of competitive voice, data and Internet services in key markets in Latin America. In Brazil, VeloCom operates under the brand name Vésper, and in conjunction with partners QUALCOMM Incorporated and Bell Canada International, offers wireless voice and data transmission services in two Brazilian regions that include the cities of Rio de Janeiro, Belo Horizonte and São Paulo."

This is from a 1/28/00 news release on Vesper :

The two Vesper companies are facilities-based communications providers with licenses to offer voice, data transport and Internet access services in direct competition with two incumbent telecom carriers in Brazil. The Vesper operations, however, have no tariff restrictions or universal coverage requirements, and have exclusive access to the fixed-wireless spectrum. VeloCom Inc, Bell Canada International Inc and QUALCOMM Inc. are shareholders in the two companies, with BCI acting as the operating partner.

Both of these news releases may be sufficiently "out of date" to be somewhat useless.

Recent news :

Vesper may end up being owned 100% (or, at least, more than 50% owned) by Qualcomm soon.

Because ... Qualcomm stated in their 11/06/01 earnings conference call that Vesper's funding difficulties may be resolved by Qualcomm converting its status as a large creditor of Vesper into being a controlling shareholder of Vesper.

Also, Qualcomm stated (during the same conference call) that Vesper shares may end up being spun off to Qualcomm shareholders (as were Leap Wireless shares, back in 1998).
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ReplyMessage PreviewFromRecsPosted
56QUALCOMM Announces Closing of Vesper Sale. Date: Tue, 02 Dec 2003 20:28:24 -050Jon Koplik-12/2/2003
55DJ Newswires -- Bell Cda Intl Closes Vesper Guarantees Settlement. [Another borJon Koplik-12/2/2003
54"The Living Creature" (1994, Horror) Feeding on an alien corpse makes Jon Koplik-5/1/2003
53Vésper fires 240 from the 1,200 employees <I>[ Google translation ofwaitwatchwander-5/1/2003
52Qualcomm Brazil Unit Fires 20% of Staff Due to Sale, Folha Says quote.bloomberwaitwatchwander-5/1/2003
51GSM Association Applauds Anatel Reaffirmation of Its Decision to Safeguard 1.9GHwaitwatchwander-4/11/2003
503G Americas Supports Regulator's Decision on Brazil's PCS Spectrum prnwaitwatchwander-4/11/2003
49Call for more CDMA in Brazil cellular-news.com The CDMA Development Group (CDGwaitwatchwander-4/11/2003
48Thanks for the update on India. I mean ... Brazil. Jon.Jon Koplik-4/10/2003
47Vesper undecided on mobile predicament - Brazil bnamericas.com Thursday, Aprilwaitwatchwander-4/10/2003
46Vésper studies alternatives after decision of the Anatel "is studying waitwatchwander-4/9/2003
45TIW << It's just someone's interpretation of the business practicEric L-4/5/2003
44You'd be shocked at how little I actually know about Vesper (and, some otherJon Koplik-4/5/2003
43It's just someone's interpretation of the business practices one may finwaitwatchwander-4/5/2003
42Northforce -- could you please summarize that 10 million word thing you just posJon Koplik-4/5/2003
41Retreat from Brazil thestar.com How Montreal entrepreneur Charles Sirois got waitwatchwander-4/5/2003
40Portable credit card swipe machine ported to CDMA2000 cellular-news.com VeriFowaitwatchwander-3/28/2003
39Vésper begins PCS network buildout globalwirelessnews.com Jan. 16, 2003 4Jon Koplik-1/17/2003
38Brazil Vesper Bids Most In Metro SP Mobile Auction Tuesday November 19, 8:15 am kech-1/4/2003
37Comments of Vesper from Qualcomm's Annual Report July 2002, a group of Brazwaitwatchwander-11/30/2002
36Qualcomm Says Vesper Hldg Needs $60M-$70M Cash 1H FY03 November 26, 2002 DOW JJon Koplik-11/26/2002
35WSJ -- Qualcomm Pumps More Cash Into Brazil To Defend Mkt Share. November Jon Koplik-11/21/2002
34Investment in Vesper at least worth a prominent demo platform: Vesper, NorJon Koplik-10/30/2002
33Reuters on Brazilian debt prospects. October 27, 2002 Brazil Debt Seen Strong Jon Koplik-10/27/2002
32WSJ on tomorrow's Brazilian election. October 25, 2002 BRAZILIAN ELECTIONSJon Koplik-10/26/2002
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