TEL AVIV, Israel, Oct. 7, 2019 /PRNewswire/ -- RADCOM Ltd
(NASDAQ: RDCM), today announced it has entered into a multi-year
agreement with PJSC VimpelCommunications ("VimpelCom"), a
subsidiary of VEON Ltd. operating under the Beeline brand
("Beeline"). Under the agreement, RADCOM will provide its fully
virtualized Network Intelligence solutions to assure Beeline's
end-to-end customer experience. RADCOM's solutions will help
improve the customer experience delivered to Beeline's customers
across Russia.
RADCOM Network Intelligence will monitor all services in an
automated, dynamic way that fully integrates into Beeline's
virtualized platform.
"VimpelCom is focused on delivering top quality of experience to
its customers in a highly competitive market," said Martin Skop, VimpelCom's Chief Technology
Officer. "RADCOM's solutions will enable us to do this at scale
with automation. Implementing RADCOM's solution enables us to
increase the end-to-end customer experience we deliver to our
Beeline customers and reduce operational costs."
"We are excited to be working with VimpelCom to assure the
quality of service for its Beeline customers," said Yaron Ravakie,
RADCOM's Chief Executive Officer. "VimpelCom is a very innovative
and customer-oriented operator who we believe will benefit greatly
from deploying RADCOM Network Intelligence as they look to deliver
top-quality digital services to their entire customer base."
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 VimpelCom'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 VimpelCom
Vimpelcom is a Russian subsidiary of VEON, a NASDAQ and Euronext
Amsterdam-listed global provider of telecommunications and digital
services aspiring to lead the personal internet revolution for more
than 210 million customers it serves today, and many others in the
years to come.
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.