Comtech Awarded 5G Location Services Contract with Tier-1 MNO in Canada

Rhea-AI Summary

Comtech (NASDAQ: CMTL) announced the award of a contract to install a 5G virtual Mobile Location Center (vMLC) for a tier-1 mobile network operator in Canada. This contract aims to enhance 9-1-1 response capabilities by utilizing a cloud-native platform, enabling public safety agencies to accurately locate emergency callers. Comtech's vMLC system is designed to support new 5G positioning techniques, promoting innovative use cases in the Internet of Things (IoT) context and expanding business opportunities with real-time device location data.

Positive

• Awarded a contract for a 5G vMLC system, expanding market presence in Canada.
• Enhances 9-1-1 emergency response capabilities, improving public safety.
• Innovative vMLC solution supports IoT applications, unlocking new business opportunities.

Negative

• None.

Comtech’s 5G Solutions to Bring Unprecedented Value and Enhanced Customer Outcomes for New Network Applications

MELVILLE, N.Y.--(BUSINESS WIRE)-- December 19, 2022-- Comtech (NASDAQ: CMTL) announced today that the company was recently awarded a contract to install a 5G virtual Mobile Location Center (vMLC) production site and deliver location-based services for a tier-1 mobile network operator (MNO) in Canada—further expanding the company’s drive to be the world’s preferred precise, network-based geolocation services provider. Comtech’s vMLC system is used to help pinpoint the location of mobile devices connected to 5G networks.

This contract will significantly enhance 9-1-1 rapid response capabilities in a wide variety of emergency situations—allowing the mobile carrier to benefit from a cloud native platform and providing public safety agencies with services to more accurately locate 9-1-1 callers.

“As MNOs continue to move to 5G networks, Comtech’s vMLC solution will play a critical role in bringing forward the next generation of location-based capabilities,” said Ken Peterman, President and Chief Executive Officer of Comtech. “This contract further demonstrates the trust of our partners in Canada as well as Comtech’s leadership in cloud native 5G technologies that will help transform mobile networks around the world.”

Comtech’s 5G vMLC solution enables new 5G positioning techniques and is poised to support connected devices in an Internet of Things (IoT) context, unleashing expanded business opportunities with near real-time, trusted device location data and information. Customers can now use this precise location information to create unprecedented value and enhanced outcomes in new and innovative ways.

Comtech’s 5G technologies are designed to adapt and continuously evolve over time to meet the needs of emerging commercial and government use cases as well as future hybridized connectivity applications.

About Comtech

Comtech Telecommunications Corp. is a leading global technology company providing terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, satellite and space communications technologies, and cloud native capabilities to commercial and government customers around the world. Our unique culture of innovation and employee empowerment unleashes a relentless passion for customer success. With multiple facilities located in technology corridors throughout the United States and around the world, Comtech leverages our global presence, technology leadership, and decades of experience to create the world’s most innovative communications solutions. For more information, please visit www.comtech.com.

Forward-Looking Statements

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results and performance could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20221219005657/en/

Investor Relations

Robert Samuels

631-962-7102

robert.samuels@comtech.com



Media Contact

Jamie Clegg

480-532-2523

jamie.clegg@comtech.com

Source: Comtech Telecommunications Corp.

FAQ

What recent contract did Comtech (CMTL) secure?

Comtech secured a contract to install a 5G virtual Mobile Location Center (vMLC) for a tier-1 mobile network operator in Canada.

How will Comtech's 5G solutions impact emergency services?

Comtech's 5G solutions will enhance 9-1-1 rapid response capabilities, enabling more accurate location services for emergency callers.

When was the contract for the 5G vMLC system announced?

The contract was announced on December 19, 2022.

What is the significance of the vMLC system for Comtech?

The vMLC system is central to Comtech's strategy for delivering precise geolocation services and expanding into the 5G market.

Which company is involved in the 5G vMLC project in Canada?

Comtech Telecommunications Corp. is involved in the 5G vMLC project for a tier-1 mobile network operator in Canada.