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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 daredevil999on Sep 16, 2013 11:19am
401 Views
Post# 21742619

more news today

more news today
Sandvine integrates policy control technology with Juniper Networks Contrail to provide subscriber-and application-awareness visibility to the network

WATERLOO, ON, Sept. 16, 2013 /CNW/ - Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, is working with Juniper Networks to integrate Sandvine's network policy control technology with Juniper Networks® Contrail, a standards-based, highly scalable network virtualization and intelligence solution for Software-Defined Networks (SDN). This integration will deliver a complete networking virtualization and intelligence system that offers dynamic allocation of network resources for subscriber- and application-aware network service chaining within SDN architectures.

A key objective of SDN is to facilitate and leverage the abstraction of network functions and applications so that the control and operations of network service functions can be provided dynamically from the Carrier Cloud data center. As a Juniper Networks SDN Technology Partner, Sandvine is integrating its policy control technology with Contrail to improve system orchestration by automating traffic routing through network service chains, while enforcing subscriber- and application-based policies at points in the network. As a result, innovative subscriber services can be deployed in carriers' distributed data centers at a reduced network cost.

"Juniper Networks is pleased to welcome Sandvine into the SDN Technology Partner Program," said Aruna Ravichandran, vice president, marketing and strategy, Software Solutions Division at Juniper Networks. "Contrail will provide an open and simple SDN platform, that when combined with Sandvine's policy control technology will create a complete networking virtualization and intelligence system for our mutual customers. Integrating Sandvine's network policy control functions to work in conjunction with the Contrail Controller will enable faster and dynamic creation of subscriber services."

Sandvine is a day-one network policy control vendor in Juniper's SDN Technology Partner Program. Adding 'subscriber-awareness' and 'application-awareness' through network policy control is a necessity in an SDN strategy, so that network operators can deploy differentiated services, honor service guarantees to users, increase ARPU and lower churn.

"Our involvement in Juniper's SDN Technology Partner Program provides further evidence of Sandvine's commitment to SDN and policy innovation," said Don Bowman, Chief Technology Officer, Sandvine. "As the only policy vendor with an announced SDN & Network Functions Virtualization [NFV] strategy for its platform, Sandvine has foreseen the need for application- and subscriber-aware feature sets in a Software-Defined Network, including Network Services Chaining. We see SDN as a means of continuing our innovation leadership into the next realm of policy control: virtualization."

For more information on Sandvine's SDN strategy, join Sandvine and Light Reading for a webinar exploring a subscriber-centric virtualized Software-Defined Network model on September 18, 2013.

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