Expansion Order for $10M Sandvine receives approximately $10 million in expansion orders from Tier 1 North American operator
WATERLOO, ON, Jan. 8, 2014 /CNW/ - Sandvine, (TSX: SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced it has received follow-on orders for approximately $10 million from a Tier 1 operator in North America. The orders were received in Sandvine's first quarter of 2014.
To support an expanded set of policy use cases to be deployed in the network, the operator has ordered additional software from Sandvine's Service Creation portfolio, the Service Delivery Engine (SDE), and Sandvine's Policy Traffic Switch (PTS) platform. Sandvine's Service Creation portfolio helps operators increase revenue and customer satisfaction by offering subscribers innovative new service tiers.
"Sandvine's solutions support a wide variety of innovative service plans worldwide. The accuracy of our traffic identification capabilities allows operators to establish application-based plans, like gaming or social networking, and monitor usage against them precisely, in real-time. Subscribers get the best possible service for their favorite applications, without bill shock, and operators attract new subscribers and avoid revenue leakage," said Tom Donnelly, COO, Sales and Global Services.
Sandvine's success with both existing and new customers globally has led industry analyst Infonetics to identify the company as the leader in its field.