Comtech Telecommunications Corp. Receives Award from Frost & Sullivan as Growth Leader in Next Generation 911 Technologies and Services
July 22 2021 - 4:00PM
Business Wire
Cites Comtech for end-to-end integration
capabilities and outstanding ownership experience
July 22, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL),
a world leader in next-generation 911 emergency systems and secure
wireless communications technologies, announced today that Frost
& Sullivan has recognized Comtech for registering the most
significant year-over-year (“YoY”) market share increase among all
NG911 primary contract holders, growing its market share from an
estimated 17.3% in 2019 to 26.2% in 2020, as calculated by Frost
& Sullivan. By closing statewide contracts in Ohio,
Pennsylvania and South Carolina, Comtech’s direct NG911 contracts
now represent a population of over 55 million.
“While many providers license their technology to large
integrators to manage the ESInet/Next Generation Core Services
(“NGCS”), Comtech’s comprehensive NG911 in-house capabilities allow
it to serve as both the end-to-end integrator as well as the
primary service provider for NG911 deployments. This eases the
burden for customers, as Comtech takes ownership of the entire
deployment process as well as ongoing systems management,” said
Brent Iadarola, Vice President, Frost & Sullivan. “Comtech is
uniquely equipped to offer NG911 solutions either directly or
through channel partners and provides customers with flexible
deployment models, whether fully managed services or hybrid
options. Comtech's stability, proven deployments, and compliance
with industry standards have earned it significant traction in new
customer acquisitions, and its proven ability to offer end-to-end
managed services and its exceptional ownership experience have
further solidified its reputation in the market and positioned it
for continued success.”
“Comtech is very proud of the performance that has led to this
award from Frost & Sullivan,” said Fred Kornberg, Chairman of
the Board and Chief Executive Officer of Comtech Telecommunications
Corp. “Comtech offers a range of advanced capabilities for our
customers, from its purpose-built Solacom solution providing
i3-compliant PSAP call handling user interfaces, to ESInet
connectivity and enhanced functional elements for voice and data.
Its geographic information systems (“GIS”) provide PSAPs with
real-time location data that can be synchronized across local,
state, and regional levels to optimize PSAP operations and enhance
emergency response times.”
Each year, Frost & Sullivan bestows this award upon the
company that demonstrates excellence in growth, performance and
customer value. It recognizes the organization’s vision for growth
and associated implementation strategy, as well as the overall
customer, purchase, ownership and service experience, which has
resulted in the recipient company recognizing above-market growth
and greater share of wallet. The award lauds the growth,
diversification, and sustainability strategies of the company.
About Comtech Telecommunications Corp.
Comtech’s highly reliable technologies enable the successful
handling of over five million 911 calls and texts each month. For
more information about Comtech’s 911 products and services, visit
www.comtech911.com.
Comtech Telecommunications Corp. is a leader in the global
communications market headquartered in Melville, New York. With a
passion for customer success, Comtech designs, produces and markets
advanced secure wireless solutions to more than 1,000 customers in
more than 100 countries. For more information, please visit
www.comtechtel.com.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned
for its role in helping investors, corporate leaders, and
governments navigate economic changes and identify disruptive
technologies, Mega Trends, new business models, and companies to
action, resulting in a continuous flow of growth opportunities to
drive future success.
Forward-Looking Statements
Certain information in this press release contains statements
that are forward-looking in nature and involve certain significant
risks and uncertainties. Actual results could differ materially
from such forward-looking information. The Company's Securities and
Exchange Commission filings identify many such risks and
uncertainties. Any forward-looking information in this press
release is qualified in its entirety by the risks and uncertainties
described in such Securities and Exchange Commission filings.
PCMTL
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210722005931/en/
Media Contacts: Comtech Michael D.
Porcelain President and Chief Operating Officer 631-962-7000
info@comtechtel.com
Frost & Sullivan Bianca Torres
1.210.477.8418 bianca.torres@frost.com
Comtech Telecommunications (NASDAQ:CMTL)
Historical Stock Chart
From Aug 2024 to Sep 2024
Comtech Telecommunications (NASDAQ:CMTL)
Historical Stock Chart
From Sep 2023 to Sep 2024