TEL AVIV, Israel - RADCOM Ltd. (NASDAQ: RDCM) today announced that one of Latin Americas' largest cellular operators, which previously selected RADCOM's Service Assurance solution, decided to expand their implementation of RADCOM's Mobile Data solution by adding full network coverage to its already implemented monitoring of 3G multimedia data services. This new deal is valued at approximately $2.5 Million US Dollars, with an expected further expansion valued at approximately $3 million US Dollars for RADCOM to follow in 2012.
This major deal with Latin America's Tier-1 market leader, which is a part of the largest mobile telephony group in the South Hemisphere, signifies another success for RADCOM in this region. RADCOM will deliver a comprehensive solution for this operator's high-quality network, which provides data and voice services to more than 50 million subscribers.
"We are delighted that this major operator chose RADCOM's solution again to monitor their network. Positive experience with RADCOM's current implementation led this operator to make a long term investment in RADCOM's solutions. With this continuing deal, the customer showed their vote of confidence in RADCOM's solution" said David Ripstein, RADCOM's President and CEO. "Establishing itself as a service assurance solution provider for Tier-1 operators is one of RADCOM's primary aims, and our ability to provide this operator with a scalable solution confirms our success".
RADCOM 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. RADCOM's shares are listed on the NASDAQ Capital Market under the symbol RDCM. For more information, please visit www.RADCOM.com.
VP Products and Marketing
Source: RADCOM Ltd