Sandvine Receives $4 Million Order for Market-Leading 100 GE PTS 32000 Platform
Sandvine continues to deliver value to major customer for over 10 years
WATERLOO, ON, Nov. 20, 2015 - Sandvine, (TSX:SVC.TO) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has received an expansion order for more than $4 million. The order expands the implementation of Sandvine's solutions for a major fixed line Communications Service Provider in North America that has been a customer since 2005. The purchase relates to Sandvine's Policy Traffic Switch (PTS) 32000 hardware. Approximately $1 million of the order value is expected to be recognized as revenue in the company's fourth quarter, with the remainder to be recognized in FY 2016.
- Published: 20 November 2015
- Written by Editor