TEL AVIV, Israel, May 28, 2019 /PRNewswire/ -- RADCOM
Ltd (NASDAQ: RDCM), today announced it has entered into a
multi-year agreement with Rakuten Mobile, Inc. to provide RADCOM's
Network Intelligence solution for Rakuten Mobile's unique and
innovative mobile network which is planned to be launched in
October this year. The new mobile network will be the world's first
fully virtualized, end-to-end cloud-native mobile network that
adopts 5G systems architecture from launch. Rakuten Mobile
chose RADCOM Network Intelligence because of its ability to monitor
the entire end-to-end network, including the world's first fully
virtualized radio access network (RAN). RADCOM Network Intelligence
will be tightly integrated across Rakuten Mobile's distributed,
telco cloud to assure the highest service quality is delivered to
customers for voice, video, VoLTE, data, and IoT services from the
mobile edge up to the network core.
"Rakuten aims to revolutionize the way a mobile network is
operated by focusing on end-to-end customer centric indicators
rather than just network performance indicators," said Tareq Amin, chief technology officer of Rakuten
Mobile, Inc. "RADCOM's unique solution enables this on a highly
dynamic, fully virtualized network. Integrating RADCOM's solution
into our telco cloud will increase the end-to-end user experience
we deliver to our customers and reduce operational costs."
"We are excited to be working with such an innovative and
forward-thinking operator," said Yaron Ravakie, chief executive
officer of RADCOM. "This is a major validation of RADCOM's
leadership in the NFV assurance industry and is the result of our
focused ongoing investment in R&D and product innovation."
"As the leading fully virtualized assurance and visibility solution
in the telecom market today, RADCOM Network Intelligence will
provide Rakuten Mobile with an automated, end-to-end solution that
is entirely cloud-native and embedded into their cloud," added
Rami Amit, chief technology officer
of RADCOM. "This seamless integration enables faster time to
resolution and, as a result, enhances the customer experience while
paving the way to a closed-loop solution for 5G and beyond."
RADCOM Network Intelligence will be deployed as multiple Virtual
Network Functions (VNFs) that are highly scalable and cloud
efficient, enabling customer experience agility for Rakuten
Mobile's new, innovative mobile network.
About RADCOM
RADCOM (NASDAQ: RDCM) is the leading expert in cloud-native
Network Intelligence for telecom operators transitioning to
SDN/NFV. Providing a critical first step in an operator's NFV
transformation, RADCOM's Network Intelligence delivers end-to-end
network visibility from virtual tapping point to network insights.
Comprised of RADCOM Service Assurance, RADCOM Network Visibility
and RADCOM Network Insights, RADCOM's Network Intelligence
portfolio provides operators with complete visibility across their
virtual and hybrid networks. RADCOM Network Intelligence is
automated, cost-efficient, provides on-demand functionality and is
specifically designed for the needs of telecom operators. RADCOM
specializes in assuring next-generation, high capacity networks,
including LTE, Advanced-LTE, 5G, IMS, SDN/NFV, and others. 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 "expect,"
"believe," "will," "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 the
integration of its products in Rakuten's network and the expected
results thereof, 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 the demand for the Company's products,
inability to timely develop and introduce new technologies,
products and applications, and loss of market share and pressure on
prices resulting from competition. For additional information
regarding these and other risks and uncertainties associated with
the Company's business, reference is made to the Company's reports
filed from time to time with the U.S. Securities and Exchange
Commission. The Company does not undertake to revise or update any
forward-looking statements for any reason.
About Rakuten Mobile
Rakuten Mobile, Inc. is a Rakuten Group company that will
operate a comprehensive range of businesses in mobile
communications, as both a mobile network operator (MNO) and a
mobile virtual network operator (MVNO), ICT and energy. Through
innovation and advanced technology, Rakuten Mobile aims to provide
appealing and convenient services that meet the needs of
customers.
For all investor enquiries, please contact:
Investor Relations:
Miri Segal
MS-IR LLC
+1-917-607-8654
msegal@ms-ir.com
Company Contact:
Amir
Hai
Chief Financial Officer
+972-77-774-5011
amir.hai@radcom.com
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SOURCE RADCOM Ltd.