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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 b2e2r2n2on May 05, 2016 8:08am
184 Views
Post# 24843464

$4 Million Order from Satlellite Operator

$4 Million Order from Satlellite OperatorGood to see some positive news in the face of downward trend.
North American satellite operator places $4 million order for Sandvine's PTS 32000, business intelligence, traffic optimizationless than 1 minute ago by CNW Group

Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has received an order from a North American satellite operator for approximately $4 million.

After a highly competitive technical evaluation, the satellite operator chose Sandvine's market-leading 100GE Policy Traffic Switch (PTS) 32000 to displace their existing network policy control solution. Sandvine's network policy control platform will be used by the operator to enable business intelligence and traffic optimization solutions that will ensure their subscribers enjoy a high quality of experience when using the Internet.

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

"Sandvine's Traffic Optimization solutions are well-suited to address satellite operators' challenges in dealing with network latency," said Tom Donnelly, Sandvine's COO, Sales and Global Services. "This order further demonstrates the success we have had in the satellite market and how operators recognize the role Sandvine can play in improving the overall Internet experience for their subscribers."

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