Sandvine strengthens footprint in Middle East
Sandvine's leadership in traffic classification wins new customers in Bahrain, Kuwait and Oman
WATERLOO, ON, Jan. 29, 2013 /CNW/ - Sandvine, (TSX:SVC; AIM:SAND) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced it has received Network Policy Control orders from two mobile operators and one DSL service provider in the Middle East. All three customers are a part of multinational fixed and mobile operators; two are subsidiaries and one is a parent. All three Middle Eastern operators chose Sandvine for its strength in traffic classification, which support Sandvine's Network Analytics, Usage Management and Traffic Management products. Two of the customers were won in December and one during November.
According to recent Wireless Intelligence forecasts, the Middle East is predicted to have over 16-million LTE connections, accounting for close to five percent of the global total by 2015. As networks rollout higher speeds and mobile adoption rates continue to climb, operators rely on Network Analytics with accurate traffic classification to gain critical insight into the applications and trends on their networks.
"Our newest Middle Eastern customers chose Sandvine for our Network Analytics and reporting capabilities," Tom Donnelly, COO, Sales and Global Services, Sandvine. "With accurate traffic classification, web-based reporting and executive style dashboards, operators have full confidence that they can measure the metrics that matter to make strategic network decisions in the future."
Sandvine's network policy control solutions are deployed in more than 200 networks in over 85 countries including over 30 operators in the Middle East and Africa.
ABOUT SANDVINE
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 200 networks in over 85 countries, serving hundreds of millions of data subscribers worldwide, www.sandvine.com
FORWARD-LOOKING STATEMENTS
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 benefit's 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.
SOURCE: Sandvine Incorporated
MEDIA CONTACT
Sacha DeGroot
Sandvine
+1 519 880 2232
[email protected]
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Sandvine
+1 519 880 2400 ext. 3503
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