{"id":1743,"date":"2014-03-11T17:17:20","date_gmt":"2014-03-11T17:17:20","guid":{"rendered":"https:\/\/radcom.com\/?post_type=latest-news&#038;p=1743"},"modified":"2023-07-31T13:42:04","modified_gmt":"2023-07-31T13:42:04","slug":"radcom-generates-strong-momentum-with-its-maveriq-solution-multi-million-dollar-lte-deal-in-brazil","status":"publish","type":"latest-news","link":"https:\/\/radcom.com\/latest-news\/radcom-generates-strong-momentum-with-its-maveriq-solution-multi-million-dollar-lte-deal-in-brazil\/","title":{"rendered":"RADCOM Generates Strong Momentum with its MaveriQ Solution; Multi-million Dollar LTE Deal in Brazil"},"content":{"rendered":"\n<p>TEL AVIV, Israel \u2013 March 11, 2014 \u2212 RADCOM Ltd. (NASDAQ: RDCM) a leading innovative customer experience and service assurance provider, today announced the initial phase of a multi-year deal at the approximate amount of $3.5M &nbsp;with a major operator in Brazil. This deal will cover the operator\u2019s 3G and LTE network providing new agility that reduces OPEX and CAPEX.<\/p>\n\n\n\n<p>This tier 1 Brazilian Cellular operator purchased RADCOM\u2019s system to provide service assurance for their Mobile broadband 3G and LTE network. RADCOM offered this operator one solution for different technologies running on the recently announced, powerful cost-effective terabit MaveriQ probes. This operator is experiencing a rapid increase in traffic; consequently, following their own expansion to LTE they purchased RADCOM\u2019s MaveriQ solution and applications to help them continue to provide high quality of service to their customers.<\/p>\n\n\n\n<p>&nbsp; \u201cWe are excited by the momentum generated by our MaveriQ technology, a powerful service assurance solution which confirmed RADCOM&#8217;s advantage over the competition.\u201d said Mr. David Ripstein RADCOM\u2019s CEO. \u201cThis deal is a realization of our business strategy which concentrates on increasing our hold in LATAM and APAC markets and the shift we made to a software-based solution, ready for NFV (Network Functionality Virtualization).\u201d<\/p>\n\n\n\n<p>###<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About RADCOM<\/strong><\/h3>\n\n\n\n<p>RADCOM provides innovative service assurance and customer experience management solutions for leading telecom operators and communications service providers. RADCOM specializes in solutions for next-generation\u00a0mobile\u00a0and fixed networks, including LTE, VoLTE, IMS, VoIP, UMTS\/GSM and mobile broadband. RADCOM&#8217;s comprehensive, carrier-grade solutions are designed for big data analytics on terabit networks, and are used to prevent service provider revenue leakage and to enhance customer care management. RADCOM&#8217;s products interact with policy management to provide self-optimizing network solutions. RADCOM&#8217;s shares are listed on the NASDAQ Capital Market under the symbol RDCM. . For more information, please visit www.RADCOM.com.<\/p>\n\n\n\n<p><strong>Risks Regarding Forward-Looking Statements<\/strong><\/p>\n\n\n\n<p>Certain statements made herein that use the words \u201cestimate,\u201d \u201cproject,\u201d \u201cintend,\u201d \u201cexpect,\u201d \u201cbelieve\u201d and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance or achievements of RADCOM to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in the demand for RADCOM\u2019s products, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with RADCOM\u2019s business, reference is made to RADCOM\u2019s reports filed from time to time with the United States Securities and Exchange Commission. RADCOM does not undertake to revise or update any forward-looking statements for any reason.<\/p>\n","protected":false},"featured_media":0,"template":"","go-to-home-category":[],"latest-news-categories":[33],"class_list":["post-1743","latest-news","type-latest-news","status-publish","hentry","latest-news-categories-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RADCOM Generates Strong Momentum with its MaveriQ Solution; Multi-million Dollar LTE Deal in Brazil | RADCOM<\/title>\n<meta name=\"description\" content=\"Latest News from RADCOM : RADCOM Generates Strong Momentum with its MaveriQ Solution; Multi-million Dollar LTE Deal in Brazil\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/radcom.com\/latest-news\/radcom-generates-strong-momentum-with-its-maveriq-solution-multi-million-dollar-lte-deal-in-brazil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RADCOM Generates Strong Momentum with its MaveriQ Solution; 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