WATERLOO, ON, July 24, 2017 /CNW/ - Sandvine, (TSX:SVC) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that Vivo Brazil is using Sandvine's OutReach product to power a flexible and dynamic content portal called the Vivo App Store. OutReach has been successfully powering the Vivo App Store since 2016.
The Vivo App Store enables subscribers to purchase a wide variety of digital services, including third-party value added services such as streaming music, smartphone security, and games, from any smartphone, tablet, or laptop browser. No matter what device is used, the Vivo App Store provides an optimal digital shopping experience for subscribers. Vivo is the largest mobile operator in Brazil.
Sandvine's OutReach provides fixed, mobile, and converged communications service providers (CSPs) with a single product to build and execute omni-channel sales, marketing, and customer care campaigns across more than 26,000 device types. With OutReach, CSPs can rapidly implement a wide variety of valuable use cases, including notifications and promotions, self-service, app/content stores, and rich subscriber portals.
In many parts of the world, bank accounts, debit services, and credit cards are not available to all. Consequently, subscribers cannot easily make purchases from iTunes, Google Play, or other digital content stores. In these markets, the mobile service provider often serves as an intermediary in many transactions with subscribers using their credit with the mobile provider to make purchases. One opportunity that this reality presents is for mobile operators to create their own digital storefronts and offer digital content, apps, and even physical goods otherwise unavailable to subscribers. OutReach is the platform supporting Vivo's digital storefront: the Vivo App Store.
"OutReach's ease-of-use and advanced customization capabilities enable Vivo to provide seamless access to third-party digital services to all of their subscribers, across all device types, with a much faster time-to-market than alternative subscriber engagement solutions," said Tom Donnelly, COO, Sandvine.
Sandvine's network policy control solutions add intelligence to fixed, mobile and converged communications service provider networks, to increase revenue, reduce network costs and improve subscriber quality of experience. Our networking solutions perform end-to-end policy control functions, including traffic classification, policy decision and enforcement. Deployed as virtualized network functions or on Sandvine's purpose built hardware, the products provide actionable business insight, and the ability to deploy new consumer and business subscriber services, optimize and secure network traffic, and engage with subscribers.
Sandvine's network policy control solutions are deployed in more than 300 networks in over 100 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.
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