What people should be clear about is that the forecast 180m US$ revenue for 2007 does not include the major segments of the BSNL order. Once BSNL is firmed up, the potential for Leadcom then shoots up to what should be 250m $ revenue in 2007 (potentially even 300m$).
That would be well over a 100% increase in revenues from 06 to 07, and would put their previous year on year (year after year) growth of 40% to shame.
That is the key issue for Leadcom in 2007.
BSNL would make up big chunks of 07 and 08 revenue, and then he Reliance tender would make up big chunks of 08 and 09 revenues.
Seriously, they can achieve 250m$ to 300m$ in 2007, and around 450m$ to 500m$ in 2008......that is no joke.