Wavelo Secures Four-Year Contract Renewal with EchoStar
Rhea-AI Summary
Wavelo, a provider of event-driven software solutions for telecom, has secured a four-year contract renewal with EchoStar's Boost Mobile. The renewed partnership extends the relationship established in 2020 when Wavelo launched its cloud-based software platform. Boost Mobile, which offers wireless services covering 99% of the U.S., has been utilizing Wavelo's software for critical ordering, billing, and provisioning functions to enhance customer experience.
The partnership continuation supports Boost Mobile's position as the newest nationwide network in the U.S. Additional details about the contract will be disclosed in Tucows' Q4 2024 management remarks, scheduled for February 13, 2025.
Positive
- Secured four-year contract renewal with major customer Boost Mobile
- Maintains stable revenue stream from long-term partnership
- Demonstrates product reliability and customer satisfaction through renewal
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TCX gained 1.37%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
New contract extends partnership between Wavelo and inaugural customer, EchoStar's Boost Mobile
The new contract extends the partnership forged in 2020 when Wavelo launched as a cloud-based software platform that empowers telecom providers with flexible, scalable solutions for network and subscriber management. Since then, Boost Mobile has implemented a robust consumer wireless platform leveraging Wavelo's software, enabling critical ordering, billing and provisioning functions for a seamless customer experience.
"Wavelo is pleased to continue its support of Boost Mobile—the newest nationwide network in the
Further information will be provided in Tucows' Q4 2024 management remarks, to be issued Thursday, February 13, 2025, on the Tucows investor site.
About Wavelo
Wavelo, a subsidiary of Tucows (NASDAQ: TCX, TSX: TC), empowers communications service providers worldwide with a suite of cloud-based, data-forward software solutions designed to solve the telecom industry's most persistent challenges. Engineered to provide extraordinary agility and flexibility, our platform seamlessly connects and automates disparate business and operational systems within operators' existing infrastructures. We're redefining telecom operations to help providers focus on providing a transformative customer experience. Learn more at wavelo.com.
About Tucows
Tucows helps connect more people to the benefit of internet access through communications service technology, domain services, and fiber-optic internet infrastructure. Ting (https://ting.com) delivers fixed fiber Internet access with outstanding customer support. Wavelo (https://wavelo.com) is a telecommunications software suite for service providers that simplifies the management of mobile and internet network access; provisioning, billing and subscription; developer tools; and more. Tucows Domains (https://tucowsdomains.com) manages approximately 25 million domain names and millions of value-added services through a global reseller network of over 35,000 web hosts and ISPs. Hover (https://hover.com) makes it easy for individuals and small businesses to manage their domain names and email addresses. More information can be found on Tucows' corporate website (https://tucows.com).
Tucows, Ting, Wavelo, and Hover are registered trademarks of Tucows Inc. or its subsidiaries.
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SOURCE Tucows Inc.
FAQ
What is the duration of Wavelo's new contract with EchoStar's Boost Mobile?
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