Sandvine Receives $7 Million in Orders from Two Tier-1 North American Cable Operators
Orders further establish Sandvine's leadership in North American market
WATERLOO, ON, Oct. 2, 2014 /CNW/ - Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has received approximately $7 million in orders from two tier-1 cable operators in North America – one existing customer and one new customer, through a competitive displacement.
One of the orders, which was originally expected to close in Sandvine's third quarter, relates to an operator who has been a Sandvine customer since 2007. The order represents an initial deployment of Sandvine's Network Analytics software and a major expansion of the deployment of Sandvine's policy traffic switch hardware across the network, to support both Network Analytics and policy use cases that improve subscribers' quality of experience.
The other operator is a new Sandvine customer and one of the ten largest cable companies in North America. The order represents an initial deployment of Sandvine's Network Analytics software and policy traffic switch hardware. The win was a competitive displacement of another standalone solution vendor.
"Sandvine's customers include five of the top six cable operators in North America. We continue to be the trusted partner for network policy control in this key market and see opportunities for further expansion," said Tom Donnelly, Sandvine's COO, Sales and Global Services.