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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Post by Blaser2on Mar 03, 2016 7:31am
142 Views
Post# 24616111

Expansion Order for $5 M by Tier 1 Operator

Expansion Order for $5 M by Tier 1 Operator

WATERLOO, ONMarch 3, 2016 /CNW/ - Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has received an expansion order for more than $5 million from a Tier 1 fixed line operator customer in Asia. The operator, a long-time Sandvine customer, is upgrading to Sandvine's market-leading 100GE Policy Traffic Switch (PTS) 32000 to enable traffic optimization and the creation of new revenue-generating service plans.

To allow an easy upgrade path for operators transitioning to 100GE, the PTS 32000 can ship with 10GE, 40GE and/or 100GE ports. This Tier 1 operator will be using exclusively 100GE ports, reflecting the high performance capabilities of its network. Sandvine's solutions will sit in line to analyze traffic in real time and help the operator offer its customers various options for purchasing bandwidth and to support the optimization of network traffic.

"Tier 1 Asian operators continue to offer some of the world's highest speed networks and they demand complete integrity from the underlying network solutions. Sandvine has built a reputation for excellence in traffic classification, with billing-grade accuracy that supports numerous innovative service plans globally. That reputation, the operator's previous experience with our products, and a highly successful trial of the PTS 32000 under the most demanding circumstances have resulted in a major network expansion for Sandvine," said Tom Donnelly, Sandvine's COO, Sales and Global Services.

In its 2 rack unit (RU) form factor, the PTS 32000 delivers PCEF/TDF functionality for both fixed and mobile operators at the highest scale, with the best performance density (Gbps/RU) and performance efficiency (Mbps/watt) of any 100GE network policy control device. Announced competitive offerings with 100GE capabilities are 14 RU.

The order from the Tier 1 customer was received in Sandvine's first quarter.


Read more at https://www.stockhouse.com/news/press-releases/2016/03/03/tier-1-asian-fixed-line-operator-places-5-million-expansion-order-for-sandvine#XSTK6oo457JOZ6xm.99
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