RADCOM Secures Multi-Year Eight-Figure Contract Renewal for its ACE Platform
RADCOM Ltd. (NASDAQ: RDCM) has secured a significant contract renewal with a major North American telecom operator. The multi-year agreement represents an eight-figure value and includes an expansion of RADCOM's intelligent assurance services for the operator's network. The renewed contract focuses on enhancing network performance optimization and maintaining exceptional service quality for the telecom operator's infrastructure.
RADCOM Ltd. (NASDAQ: RDCM) ha ottenuto il rinnovo di un importante contratto con un grande operatore di telecomunicazioni nordamericano. L'accordo pluriennale ha un valore a otto cifre e prevede un'espansione dei servizi di assicurazione intelligente di RADCOM per la rete dell'operatore. Il contratto rinnovato si concentra sull'ottimizzazione delle prestazioni della rete e sul mantenimento di un'eccellente qualità del servizio per l'infrastruttura dell'operatore telecom.
RADCOM Ltd. (NASDAQ: RDCM) ha asegurado la renovación de un contrato importante con un gran operador de telecomunicaciones de América del Norte. El acuerdo plurianual representa un valor de ocho cifras e incluye una ampliación de los servicios de aseguramiento inteligente de RADCOM para la red del operador. El contrato renovado se centra en mejorar la optimización del rendimiento de la red y mantener una calidad de servicio excepcional para la infraestructura del operador de telecomunicaciones.
RADCOM Ltd. (NASDAQ: RDCM)는 북미의 주요 통신사와 중요한 계약 갱신을 체결했습니다. 다년간의 계약으로 8자리 수 규모이며, 통신사의 네트워크를 위한 RADCOM의 지능형 보증 서비스 확장이 포함되어 있습니다. 갱신된 계약은 네트워크 성능 최적화 강화와 통신사 인프라의 뛰어난 서비스 품질 유지에 중점을 두고 있습니다.
RADCOM Ltd. (NASDAQ : RDCM) a obtenu le renouvellement d'un contrat important avec un grand opérateur télécom nord-américain. Cet accord pluriannuel représente une valeur à huit chiffres et comprend une extension des services d'assurance intelligente de RADCOM pour le réseau de l'opérateur. Le contrat renouvelé met l'accent sur l'amélioration de l'optimisation des performances réseau et le maintien d'une qualité de service exceptionnelle pour l'infrastructure de l'opérateur télécom.
RADCOM Ltd. (NASDAQ: RDCM) hat einen bedeutenden Vertragsverlängerung mit einem großen nordamerikanischen Telekommunikationsanbieter gesichert. Die mehrjährige Vereinbarung hat einen achtstelligen Wert und beinhaltet eine Erweiterung der intelligenten Assurance-Dienste von RADCOM für das Netzwerk des Betreibers. Der erneuerte Vertrag konzentriert sich auf die Verbesserung der Netzwerkleistungsoptimierung und die Aufrechterhaltung einer außergewöhnlichen Servicequalität für die Infrastruktur des Telekommunikationsanbieters.
- Secured multi-year, eight-figure contract renewal indicating strong customer retention
- Contract scope expansion demonstrates growing business relationship
- Renewal with major North American operator validates product market fit
- Specific contract value and customer identity not disclosed
For all investor inquiries, please contact:
Investor Relations:
Miri Segal
MS-IR LLC
msegal@ms-ir.com
Company Contact:
Hadar Rahav
CFO
+972-77-7745062
hadar.rahav@radcom.com
About RADCOM
RADCOM (Nasdaq: RDCM) is the leading expert in 5G-ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting, and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators with an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.
Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as "estimate," "will," "project," "intend," "expect," "'believe," "may," "might," "potential," "anticipate," "plan" or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses its continued relationship with the North American telecom operator, the delivery of its services and the benefits thereof, as well as the expected consideration under the agreement, it is using forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance, or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in demand for the Company's products, inability to timely develop and introduce new technologies, products, and applications, loss of market share and pressure on prices resulting from competition and the effects of the war in
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SOURCE RADCOM Ltd.
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