Is the office closing and the layoff a good news or a bad one?
That is the big question. I ignore the fired people sadly! I think both. In compare to SWIR it seems NVTL has more administration cost. The management is fine-tuning the cost what is normal. Would the business grow abnormal good, the management would not fire people. That is maybe the bad idea, i have. Other thought, NVTL has over 400 employees and offices in San Diego, Calgary, Shanghai, Germany, etc., that is in a fast communication world with high speed maybe to many location.
Mine main question is the MIFI still in a spot to grow??? I asked already why is the MIFI sale so weak in South America, Asia and Africa? I think, there can the product MIFI grow significantly.
M2M, wireless, mobile... all these are growing exponentially. Everything - and I say EVERYTHING- is moving unto the internet. They are in the right markets. All this company needs is some cost restructuring to be able to produce profits. And then, some better marketing to win LARGER DEALS. Looks like they are doing just that. Maybe their time has come.