WATERLOO, ON, Nov. 30, 2015 /CNW/ - Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has received orders totaling $7 million from two communication service providers in the Middle East & Africa (MEA). The first order comes from an existing Sandvine customer with a converged mobile and fixed network covering 36 million subscribers. The second order is from a new fixed line customer. Both groups will be leveraging Sandvine's leading 100GE PTS 32000 platform and software licenses to support a variety of use cases.
The PTS 32000 will be in both the fixed and mobile properties of the existing customer, which will allow it to unify policy control for subscribers across networks, regardless of how they are accessing the Internet. This universality is a unique differentiator for Sandvine compared to major network equipment vendors (NEV), who typically only offer similar functionality by embedding it in switches or routers that are designed for one network or the other – not both. Sandvine's products are displacing the products of a major NEV at the converged operator.
Additionally, after a thorough competitive evaluation, the converged operator has purchased Sandvine's Service Delivery Engine, which includes the company's Policy and Charging Rules Function (PCRF). Sandvine offers the industry's only universal PCRF – one which supports the 3GPP (mobile) and PCMM (cable) standards as well as other interfaces such as RADIUS CoA and REST – to facilitate deployment in any mobile, fixed or converged network. This deployment flexibility allows operators to enable innovative subscriber services such as shared data, data rollover, sponsored data and consistent policy control in any network or across multiple networks simultaneously.
"Sandvine's ability to offer an end-to-end policy control solution for all access technologies, including best of breed detection, policy and enforcement capabilities, makes us unique in the industry. Converged operators like this one highlight the importance of that differentiation. We were able to displace a major network equipment vendor that offered less end-to-end functionality and that could not operate in both access networks with a single solution," said Tom Donnelly, Sandvine's COO, Sales and Global Services.
The new fixed line customer will be using Sandvine's PTS 32000 and related software to optimally manage network traffic and enhance the security of the underlying networks. In its 2RU form factor, the PTS 32000 delivers PCEF/TDF functionality for both mobile and fixed operators at the highest scale, with the best performance density and power efficiency of any 100GE network policy control device.
Sandvine's network policy control solutions add intelligence to fixed, mobile and converged communications service provider networks to enable services that can increase revenue and reduce network costs. Powered by Sandvine's Policy Engine and SandScript policy language, Sandvine's networking equipment performs end-to-end policy control functions including traffic classification, and policy decision and enforcement across the data, control and business planes. Sandvine's products provide actionable business insight, the ability to deploy new subscriber services and tools to optimize traffic while enhancing subscriber Internet quality of experience.
Sandvine's network policy control solutions are deployed in more than 250 networks in over 90 countries, serving hundreds of millions of data subscribers worldwide, www.sandvine.com.
Certain statements in this release which are not historical facts constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws ("forward-looking statements") and are made pursuant to the "safe harbour" provisions of such laws. Statements related to the scope of deployment of Sandvine's products by a specific customer, the potential revenue opportunity with any particular customer or in any market segment, the benefits of Sandvine's products and services to be realized by customers, Sandvine's market position, future opportunities, product development plans and demand for Sandvine's products and services are forward looking statements, as are any statements relating to future events, conditions or circumstances. Readers are cautioned not to place undue reliance upon any such forward-looking statements. Such forward-looking statements involve both known and unknown risks and uncertainties that may cause the actual results, performance or achievements of Sandvine to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. These risks and uncertainties include, without limitation, changes in internal deployment strategies or plans by specific customers; the growth of broadband internet usage and levels of capital spending on broadband network management systems; the timing of orders and manufacturing lead times; changes in customer order patterns or customer mix; insufficient, excess or obsolete inventory; increased competition in the broadband network equipment industry; dependence on the timely development and market acceptance of new product offerings and standards; rapid technological and market change; manufacturing and sourcing risks including dependence on key suppliers and key technologies; dependence upon indirect channel sales and resellers; factors such as business and economic conditions and growth trends in the broadband network equipment industry and in various geographic regions; global economic conditions and uncertainties in the geopolitical environment including the impact of regulation related to the internet and the delivery of internet services. Forward-looking statements are based on management's current plans, estimates, projections, beliefs and opinions, and Sandvine does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change, except to the extent required by applicable law.
For further information: INVESTOR CONTACT: Rick Wadsworth, Sandvine, +1 519 880 2400 ext. 3503, firstname.lastname@example.org; MEDIA CONTACT: Dan Deeth, Sandvine, +1 519 880 2232, email@example.com