Scottsdale 5/8/2013 3:00:00 AM
News / Finance

RADCOM (RDCM) Enters Initial Phase of Multimillion Dollar LTE Deal

QualityStocks would like to highlight RADCOM (NASDAQ: RDCM). The company provides innovative Service Assurance solutions for communications service providers and equipment vendors. RADCOM specializes in solutions for next-generation networks, both wireless and wireline. RADCOM's comprehensive, carrier strength solutions are used to prevent service provider revenue leakage and enable management of customer care. RADCOM"s products facilitate fault management, network service performance analysis, troubleshooting and pre-mediation with an OSS/BSS.

In the company’s news,

RADCOM announced that the company has entered the initial phase of a multi-million dollar, multi-year deal with a Tier 1 Asian operator.

Through use of the RADCOM’s end-to-end LTE monitoring solution, the company will provide service assurance for one of the largest planned LTE deployments in the world. This marks the sixth LTE contract RADCOM has entered recently, positioning RADCOM as a leader in the rapidly developing market for LTE monitoring and service assurance solutions.

RADCOM’s ability to provide a real-time feed to policy control components in the network using the QiSolve application was a major advantage for RADCOM in this deal; it allows the service provider to maximize on RAN (Radio Access Network) monetization, as they expand network coverage. RADCOM’s Service Assurance solution for LTE will provide powerful troubleshooting to rapidly resolve issues by monitoring the subscribers QoE, thereby ensuring smooth running of the network.

“We are proud to announce this major deal. RADCOM’s LTE solution was selected by this major operator after a long comparison process against leading competitors, due to its technological advantages,” commented David Ripstein, RADCOM’s President and CEO. “RADCOM’s solution continues to be at the forefront of technology, and provide our customers with innovative solutions.”

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Forward-Looking Statement:

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