TEL AVIV, Israel, Nov. 6, 2017 /PRNewswire/ -- RADCOM Ltd.
(NASDAQ: RDCM), a leading provider of cloud-native service
assurance and customer experience analytics for communication
service providers (CSPs), today announced a 3-year contract
extension with Globe Telecom – the leading CSP in the Philippines, with over 60 million
customers - to provide service assurance for their mobile network,
and assure their future transformation to NFV (Network Functions
Virtualization).
Over the last few years, RADCOM's MaveriQ solution has empowered
multiple departments across the Globe organization with real-time
customer experience insights that assure service quality is
maintained and customer satisfaction is high. With a highly
disruptive service assurance offering, MaveriQ's fully virtualized
software delivers value, actionable insights into the customer
experience, and a seamless transition to future technologies.
"To provide our customers with a high-quality service and a
delightful customer experience we need top level service assurance
and analytics," said James Lim,
Globe Vice President for Network Technology Group. "This 3-year
partnership will optimize our Packet Core IP Probe system to
continuously deliver superior mobile data service to our customers
through real time monitoring of our mobile network KPIs and
subscribers' KQIs. The system easily enables immediate
detection of breached thresholds to trigger immediate action and
rectification of issues, before they even impact subscriber data
experience. This partnership will also extend to our
adoption of new technologies such as NFV, IPv6 and Kafka.
These technologies are critical to meeting business demands for
faster capacity rollout, increasing numbers of data customers and
devices, as well as immediate business analytics data mining and
processing."
Harel Givon, RADCOM's Chief
Business Officer, said: "As the first customer to deploy our
MaveriQ solution in 2014, we are extremely excited by our continued
and expanded partnership with Globe. MaveriQ helps Globe gain
complete visibility across their network to deliver top-quality
services to their customers, as demonstrated this year, by Globe
becoming the leading CSP in the
Philippines. In the future, MaveriQ - with its comprehensive
support of physical, virtual and hybrid networks - will enable
Globe to smoothly and reliably transition to NFV, while assuring
customer experience is transparent and guaranteeing quality of
service."
About RADCOM
RADCOM (NASDAQ: RDCM) is a first-mover
and leading provider of NFV-ready service assurance and customer
experience management solutions for Communications Service
Providers (CSPs). RADCOM's software - MaveriQ - continuously
monitors network performance and quality of services, to optimize
user experience for CSPs' subscribers. RADCOM specializes in
solutions for next-generation mobile and fixed networks, including
LTE, VoLTE, IMS and others. MaveriQ enables CSPs to smoothly
migrate their networks to NFV by assuring physical, NFV-based and
hybrid networks. For more information, please visit
www.radcom.com.
Risks Regarding Forward-Looking Statements
Certain
statements made herein that use words such as "estimate,"
"project," "intend," "expect," "'believe", "may", "might",
"predict", "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
revenue guidance for 2017 it is using foward-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 Globe Telecom
Globe Telecom is a leading full
service telecommunications company in the
Philippines, serving the needs of consumers and businesses
across an entire suite of products and services including mobile,
fixed, broadband, data connections, internet and managed services.
Its principals are Ayala Corporation and Singtel who are
acknowledged industry leaders in the country and in the region. For
more information, visit www.globe.com.ph. Follow us on Twitter:
http://twitter.com/talk2Globe and Facebook:
http://facebook.com/GlobePH
For all investor enquiries, please contact:
Ran Vered
CFO
+972-77-774-5011
ranv@radcom.com
For all media enquiries, please contact:
Mark Rolston
Marketing Manager
+972-77-774-5036
markr@radcom.com
Media Contact:
Yoly C. Crisanto
Email: gtcorpcomm@globe.com.ph
Globe Press Room: www.globe.com.ph/press-room
Twitter: @talk2GLOBE
Facebook: www.facebook.com/globeph
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SOURCE RADCOM Ltd.