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'SAMENA Daily' - News

Comtech wins US$ 2.5 million order from Saudi operator

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced , that during the second quarter of fiscal 2019, its Enterprise Technologies group, which is part of Comtech’s Commercial Solutions segment, has received a $2.5 million order for various location platforms and location-based services (LBS) applications with a top-tier telecommunications service provider based in Saudi Arabia.

The location platforms will enable the service provider to actively and passively locate subscribers within 2G, 3G and 4G networks with the most accurate location technologies available. Additionally, the service provider will have access to a suite of value-added LBS applications including geo-location messages, emergency alerting and asset tracking.

“The Middle East and Africa are two of the fastest-growing mobile markets in the world. As they become more connected, value-added services such as wireless alerts, mobile advertising and device tracking are becoming increasingly important to operators in the region,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. “This agreement is one of many that will further expand Comtech’s footprint in the Middle East as a trusted and global provider of highly accurate and secure location-based services for mobile and wireless technologies.”



Source: https://www.streetinsider.com/Management+Comments/Comtech+Telecom+%28CMTL%29+Announces+%242.5M+Contract+from+Middle+East+Telecom+Service+Provider/14932961.html

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