on March 12, 2014
The deal is with a tier-1 Brazilian mobile carrier to cover its 3G and LTE broadband networks.
Radcom Ltd. (Nasdaq: RDCM) has announced the initial phase of a multiyear $3.5 million deal with a tier-1 Brazilian mobile carrier to cover its 3G and LTE broadband networks and reduce its operating and capital expenditures. Radcom offered one solution for different technologies running on its new terabit MaveriQ probes. The carrier bought the MaveriQ solution and applications to handle its rapid increase in traffic and expansion to LTE to provide high quality of service to its customers.
“We are excited by the momentum generated by our MaveriQ technology, a powerful service assurance solution which confirmed Radcom’s advantage over the competition,” said Radcom CEO David Ripstein. “This deal is a realization of our business strategy which concentrates on increasing our hold in the Latin Americna and Asia-Pacific markets and the shift we made to a software-based solution, ready for NFV (Network Functionality Virtualization).”